ZIP Code 20111 — Demographics & Housing Data 2023

Overview

If you're considering ZIP code 20111 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in a dynamic area, ZIP 20111 offers a blend of diversity, economic strength, and housing opportunities. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and cultural composition. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about this community.

Population & Households

ZIP 20111 is home to a robust population of 38,153 residents, making it a sizable and active community. These individuals are distributed across 11,483 households, reflecting a mix of family sizes and living arrangements. With 12,066 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests a stable residential base, appealing to those seeking a well-established neighborhood with room for growth.

Income & Housing Costs

Economically, ZIP 20111 stands out with a median household income of $109,785, signaling a strong earning capacity among residents. This income level supports a healthy local economy, which can be a draw for businesses and investors. On the housing front, the median home value is $449,400, reflecting a competitive yet accessible real estate market for buyers with solid financial footing. For renters, the median rent is $2,020 per month, indicating a premium rental market that aligns with the area’s income and property values. These figures suggest that ZIP 20111 is a place where financial stability meets housing demand, offering opportunities for both ownership and leasing.

Race & Ethnicity

One of the defining characteristics of ZIP 20111 is its diverse population. The racial and ethnic composition includes 35.66% White, 8.29% Black, 8.16% Asian, and a significant 42.53% Hispanic or Latino population. This cultural mosaic creates a vibrant community atmosphere, appealing to those who value inclusivity and varied perspectives. For businesses, this diversity can translate into a broad customer base with unique needs and preferences, while homebuyers may appreciate the rich cultural fabric that shapes local events, cuisine, and social interactions.

Key Facts

• Total population: 38,153 residents, indicating a thriving community.
• Total households: 11,483, showcasing a mix of family and individual living arrangements.
• Total housing units: 12,066, suggesting potential availability for new residents or investors.
• Median household income: $109,785, reflecting strong economic health.
• Median home value: $449,400, positioning the area as a competitive housing market.
• Median rent: $2,020, indicating a premium rental environment.
• Diverse demographics: 42.53% Hispanic, 35.66% White, 8.29% Black, and 8.16% Asian.

What This Means for You

For homebuyers, ZIP 20111 offers a promising mix of housing options with a median value of $449,400, ideal for those with a budget aligned with the area’s strong median income of $109,785. The slight surplus of housing units over households hints at potential availability, though competition may still be present given the desirable location. Investors and real estate agents will find value in the stable rental market, with median rents at $2,020, suggesting consistent demand from tenants who can afford premium rates. Small-business owners can leverage the diverse population of 38,153 and cultural variety to tailor products or services to a wide audience, while the solid income levels support consumer spending. Analysts can use these metrics to benchmark ZIP 20111 against other areas, identifying trends in housing affordability and demographic shifts. Across all groups, this area presents a balanced opportunity for growth and engagement.

Run This Study Yourself

• Curious about diving deeper into ZIP 20111 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore detailed demographic and housing data.
• Input any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your specific interests.
• Use the insights to make data-driven decisions, whether you’re buying a home, investing in property, or planning a business venture.