Zip Code:

44505, Youngstown, OH

44505 is a Ohio Zip code within the city of Youngstown and the county of Mahoning County. Its population is roughly 17,319.

The Real Estate Market in the 44505 Zip Code of Youngstown, OH

The 44505 zip code of Youngstown, OH has a population of around 106,000 people. The median household income in this zip code is $40,000 which is lower than the national median household income of $57,617. The unemployment rate in this zip code is around 10% which is higher than the national unemployment rate of 7%. The homeownership rate in this zip code is around 60% which is lower than the national homeownership rate of 69%.

The average home value in this zip code is $64,500 which is lower than the national average home value of $185,700. The percentage of homes that are owner-occupied in this zip code is around 60% which is lower than the national percentage of owner-occupied homes at 70%. The percentage of homes that are rented in this zip code is around 40% which is higher than the national percentage of rented homes at 30%.

There are a number of factors that could be contributing to the low home values and homeownership rates in the 44505 zip code including low incomes and high levels of unemployment. Additionally, there may be a lack of available housing stock due to past economic downturns or other factors.

Price Index: Youngstown-Warren-Boardman, OH-PA

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