ZIP Code 43123
standardSource:
Grove City · Franklin County · Ohio
- Population
- 58,424
- Median income
- $91,008
- Median home value
- $284,700
- Bachelor's or higher
- 31.1%
- Land area
- 154.2 sq mi
379/sq mi
▲ 19% vs US
higher than 74% of US ZIPs
▲ 2% vs US
higher than 64% of US ZIPs
Median age 40.2
New York
ZIP code 43123 in Grove City, Ohio has a population of 58,424. The median household income is $91,008, which is 19% above the national average. Median home value is $284,700, 2% above the US average. 31.1% of residents hold a bachelor's degree or higher.
ZIP code 43123 is classified by USPS as a standard delivery area and covers roughly 154.2 square miles in Grove City, Franklin County, Ohio. The area is home to 58,424 residents, producing a population density of 379 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 43123 against Ohio and the nation.
On the economic side, the median household income for ZIP 43123 sits at $91,008 (25% above the Ohio average), while per-capita income is $44,487. The poverty rate stands at 6.8% and the unemployment rate at 3.2%. On housing, the median home value is $284,700 (44% above the state average) with median rent at $1,341 per month, and 73.9% of occupied units are owner-occupied, a direct signal of whether 43123 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 31.1% of adults hold a bachelor's degree or higher, the median age is 40.2, and the average commute is 22 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Franklin County, so you can benchmark 43123 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 43123
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 43123.
- Health care and social assistance
Health care and social assistance
171 establishments
- Retail trade
Retail trade
158 establishments
- Accommodation and food services
Accommodation and food services
149 establishments
- Construction
Construction
133 establishments
- Other services (except public administration)
Other services (except public administration)
126 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
Who lives in ZIP 43123?
40.2
Median Age
49.7%
Male
50.3%
Female
4.6%
Foreign-Born
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
$44,487
Per Capita Income
6.8%
Poverty Rate
3.2%
Unemployment Rate
22.1 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
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
$284,700
Median Home Value
+44% vs state
$1,341
Median Rent
1994
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
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 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 |
More ZIP Codes in Franklin County
Related Areas
Frequently Asked Questions
What county is ZIP code 43123 in? ▼
What is the population of ZIP code 43123? ▼
What is the median household income in ZIP 43123? ▼
What is the average home value in ZIP 43123? ▼
What is the demographic makeup of ZIP 43123? ▼
How many businesses are in ZIP code 43123? ▼
What are the main industries in ZIP code 43123? ▼
How have home values changed in ZIP code 43123? ▼
What is the education level in ZIP code 43123? ▼
What is the average commute time in ZIP 43123? ▼
What percentage of residents own vs. rent in ZIP 43123? ▼
What is the poverty rate in ZIP code 43123? ▼
ZIP Code Research Guides
Official Data Resources for Grove City, OH
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.