Grove City, OH · standard

ZIP Code 43123

Franklin County, Ohio - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

58,424
379/sq mi High-density area
$91,008
Median income Above-median income area
$284,700
Median home value Near-median home value
31.1%
Bachelor's or higher Above-average bachelor's attainment

National ZIP placement

Grove City pairs an above-median household income with above-median home values, in a low-density, homeowner-dominated and unusually populous area.

Top 26%
household income, US ZIPs
Top 36%
home value, US ZIPs
379
people per sq mi
74%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 43123 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 43123 (Grove City, OH) rose +5.3% from 2023 to 2024. The all-transactions index moved from 223.9 in 2023 to 235.9 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 43123 is a densely settled ZIP (a standard USPS delivery area) in Grove City, Franklin County, Ohio, with 58,424 residents across 154.2 square miles, a density of 379 people per square mile, in the New York time zone.

ZIP 43123 lands in the middle-income range, with a median household income of $91,008 (25% above the average Ohio ZIP), while per-capita income is $44,487. Both reported hardship measures are comparatively low in absolute terms: poverty is 6.8% and unemployment is 3.2%. Housing is both higher-cost and owner-heavy: median home value is $284,700 (44% above the average Ohio ZIP), while 73.9% of occupied homes are owner-occupied and median rent is $1,341.

A solid share of residents have a four-year degree: 31.1% of adults hold a bachelor's degree or higher, the median age is 40.2, and the average commute is 22 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Franklin County, so 43123 can be compared with both its immediate and county-level context.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

View your shortlist → Compare ZIPs →

Top industries in ZIP 43123

Top 5 sectors by establishment count in Grove City, OH

Which industries have the most business establishments in ZIP 43123.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 43123, Grove City, OH · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

58,424

Population

154.2

Area (sq mi)

379

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 43123?

40.2

Median Age

49.7%

Male

50.3%

Female

4.6%

Foreign-Born

White 85.0%
African American 4.8%
Asian 2.0%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.5%
Hispanic or Latino 5.2%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$91,008

Median Household Income

+25% vs state ZIP avg

$44,487

Per Capita Income

6.8%

Poverty Rate

3.2%

Unemployment Rate

22.1 min

Mean Commute Time

How ZIP 43123 ranks nationally

Grove City, OH household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$91,008 Top 26% higher than 74% of 30,318 US ZIPs

This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 61.3%
Bachelor's Degree or Higher 31.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

28,557

Total Housing Units

27,188

Occupied Units

1,369

Vacant Units

2.48

Avg Household Size

Occupancy Type

Owner 73.9%
Renter 26.1%

$284,700

Median Home Value

+44% vs state ZIP avg

$1,341

Median Rent

1994

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+5.3%

YoY Change (2024)

236

HPI Index (2000 = 100)

+136%

Total Change Since 2000

Home values in ZIP 43123 have increased 5.3% over the past year (2024). Since 2000, this ZIP has seen +136% cumulative appreciation.

Year Annual Change HPI Index
2020 +7.0% 158
2021 +13.1% 178
2022 +16.3% 207
2023 +8.1% 224
2024 +5.3% 236

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 1,274 business establishments in ZIP 43123, employing approximately 28,211 people with a combined annual payroll of $1,361,127,000.

1,274

Businesses

28,211

Employees

$1.4B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 171 13.4%
Retail trade 158 12.4%
Accommodation and food services 149 11.7%
Construction 133 10.4%
Other services (except public administration) 126 9.9%
Transportation and warehousing 95 7.5%
Wholesale trade 75 5.9%
Administrative and support and waste management and remediation services 75 5.9%
Professional, scientific, and technical services 73 5.7%
Finance and insurance 57 4.5%
Real estate and rental and leasing 55 4.3%
Manufacturing 39 3.1%
Information 24 1.9%
Arts, entertainment, and recreation 19 1.5%
Educational services 13 1.0%
Management of companies and enterprises 7 0.6%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 43123 vs 43126 →

ZIP 43123 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 43123 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 43123 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 43123 ranks #3 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
43126 Harrisburg, OH 326 4.5 mi
43228 Columbus, OH 50,737 6.7 mi
43146 Orient, OH 12,369 6.6 mi
43204 Columbus, OH 42,104 6.7 mi
43223 Columbus, OH 27,366 6.1 mi
43119 Galloway, OH 27,698 6.3 mi
43116 Commercial Point, OH 1,448 7.4 mi
43222 Columbus, OH 4,617 7.8 mi
43117 Derby, OH 73 8.3 mi
43137 Lockbourne, OH 2,388 8.3 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 43123, both outside OH so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (58,424 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Franklin County

Frequently Asked Questions

What county is ZIP code 43123 in?

ZIP code 43123 (Grove City) is located in Franklin County, Ohio. Franklin County contains multiple ZIP codes, see the full list at /counties/franklin-oh.

What is the population of ZIP code 43123?

ZIP code 43123 in Grove City, OH has a population of 58,424 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 43123?

The median household income in ZIP 43123 is $91,008, which is 19% above the national average of $76,288.

What is the average home value in ZIP 43123?

The median home value in ZIP 43123 is $284,700, which is 2% above the national average of $278,155.

What is the demographic makeup of ZIP 43123?

The largest racial group in ZIP 43123 is White at 85.0%. Hispanic or Latino residents make up 5.2% of the population.

How many businesses are in ZIP code 43123?

ZIP code 43123 has 1,274 business establishments employing approximately 28,211 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 43123?

The top industries by establishment count in ZIP 43123 are: Health care and social assistance (171), Retail trade (158), Accommodation and food services (149). There are 16 industry sectors represented in total.

How have home values changed in ZIP code 43123?

According to the FHFA House Price Index, home values in ZIP 43123 increased by 5.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 136%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.

What is the education level in ZIP code 43123?

In ZIP code 43123, 61.3% of residents aged 25+ have a high school diploma or higher, and 31.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).

What is the average commute time in ZIP 43123?

The mean commute time for workers in ZIP code 43123 is 22.1 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.

What percentage of residents own vs. rent in ZIP 43123?

In ZIP code 43123, approximately 73.9% of occupied housing units are owner-occupied and 26.1% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 43123?

The poverty rate in ZIP code 43123 is 6.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 43123's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

Compare this ZIP with another

Read our methodology : how this data is sourced, computed, and verified.

Take this with you

What to do with ZIP 43123's numbers, next.

ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.