43061 Zip Code Income, Population and Demographics
Are you tired of spending 10+ hours searching for demographic and population data for the 43061 zip code? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!
In this article, we'll explore most of the 190+ data points we have for 43061, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.
43061 is a zip code in Delaware County and Union County, Ohio, which covers Concord, Scioto, Thompson, and Millcreek, with a total population of 5,045 people.
The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.
Median Household Income
According to the latest ACS 5-year survey in 2022, the median household income in 43061 is $136,250.00.
The chart below shows the average household income by age in 43061.
Average Household Income
A very commonly asked question is "what is the average household income in the 43061 zip code?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.
The average (or mean) household income in 43061 is $147,338.00.
29.44% of households in the 43061 zip code are classed as high income households (making $200,000+ per year).
The difference between a median and an average income
The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.
Both metrics are important when looking at the income statistics for 43061 but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.
Household Income Tiers for 43061
We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.
The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for the 43061 zip code easier to view.
You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.
Per Capita Income
The per capita income is the average income of all people in the 43061 zip code. This is calculated by dividing the total income of all people in 43061 by the total number of people in 43061.
It differs from the average or mean household income because it includes all people in 43061 and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).
The per capita income in the 43061 zip code is $44,927.00.
Population in 43061 by Race and Ethnicity
The total population in 43061 is currently 5,045 people.
The race and ethnicity of the population in 43061 can be very important for social research, economics, and marketing to a multi-culturial society.
Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.
The chart below breaks down the population and percentage for each race and ethnicity in the 43061 zip code.
Population of 43061 by Age and Gender
Another very important demographics statistic for the 43061 zip code is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.
In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.
Education Levels
Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.
What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.
The chart below shows the educational attainment of the population in the 43061 zip code.
Unemployment Rates
The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for 43061 because it can show how many people are actively looking for work and how many people are unable to find a job.
Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in 43061 look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.
The unemployment rate is calculated using the total population in the 43061 zip code that are over the age of 16.
The current population in 43061 that are over the age of 16 is 3,838 people.
The unemployment rate in 43061 is 1.10%, which means 32 people are unemployed.
Median Age in 43061
The median age is an interesting metric because it gives us an idea of the age distribution of people in the 43061 zip code. You know when you see a median age that it is the age where half of the population is older and half is younger than it.
For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.
An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.
The median age in 43061 is 36 years old.
We can also look at the median age by gender to compare the see how each group compares to the total median age:
Median age by gender in 43061
36
Total
34.9
Male
37.1
Female
Households and Families
There are a total of 1,549 households in 43061, and the average household size is 3.26 people.
For families, the total number is 1,304, and the average family size is 3.58 people.
3.50% of those families in the 43061 zip code are living below the poverty line.
The table below shows the poverty thresholds for 43061 in .
Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.
Households and Families by Marital Status
There are four types of household and family, as defined by the Census Bureau:
- Married-couple
- Male householder, no spouse present
- Female householder, no spouse present
- Nonfamily household
In the table below, you can see the total households and families in the 43061 zip code for each type, as well as the average sizes.
Housing Data in 43061
There are total of 1,570 housing units in the 43061 zip code. Of those units, 1,549 (98.66%) are occupied, and 21 (1.34%) are vacant.
Rental Rates
Of the 1,570 housing units in 43061, 37 (2.36%) are occupied by renters. The median rent paid by renters is $969.00.
Owner occupied housing units make up the remaining 94.52% of housing units, with 1,484 housing units in total.
The table below breaks down how much rent is paid by renters in the 43061 zip code.
Property Values
The median value of a property in 43061 is $356,900.00.
The table below breaks down the range of valuations for all properties in 43061.
Property Age
We can also look at the number of properties built in a given year to see the spread of property age in the 43061 zip code.
Vehicles Available per Household
Finally, we have data on how many vehicles each household in 43061 has. The table below breaks down the number of vehicles available per household.
Commuting to Work in 43061
The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.
Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?
Using these metrics, we can get a better understanding of the demographics of the 43061 zip code, how they commute, and how that correlates to other data points.
The average travel time is 27.1 minutes, and the chart below covers the range of travel times across the population of 43061.
We can also look at the means of transport in 43061 to see which modes of transport people are using to commute to work.
Conclusion
Hopefully this article has given you the demographics data you were looking for in the 43061 zip code.
If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for 43061.