ZIP Code 45431

standard

Source:

Dayton · Montgomery County · Ohio

Population
26,315

887/sq mi

Median income
$83,175

▲ 9% vs US

higher than 66% of US ZIPs

Median home value
$209,500

▼ 25% vs US

higher than 46% of US ZIPs

Bachelor's or higher
36.0%

Median age 35.4

Land area
29.7 sq mi

New York

ZIP code 45431 in Dayton, Ohio has a population of 26,315. The median household income is $83,175, which is 9% above the national average. Median home value is $209,500, 25% below the US average. 36.0% of residents hold a bachelor's degree or higher.

ZIP code 45431 is classified by USPS as a standard delivery area and covers roughly 29.7 square miles in Dayton, Montgomery County, Ohio. The area is home to 26,315 residents, producing a population density of 887 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 45431 against Ohio and the nation.

On the economic side, the median household income for ZIP 45431 sits at $83,175 (14% above the Ohio average), while per-capita income is $43,597. The poverty rate stands at 9.0% and the unemployment rate at 3.4%. On housing, the median home value is $209,500 (6% above the state average) with median rent at $1,327 per month, and 50.4% of occupied units are owner-occupied, a direct signal of whether 45431 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 36.0% of adults hold a bachelor's degree or higher, the median age is 35.4, and the average commute is 20 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Montgomery County, so you can benchmark 45431 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 45431

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 45431.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 45431, Dayton, 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

26,315

Population

29.7

Area (sq mi)

887

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 45431?

35.4

Median Age

50.9%

Male

49.1%

Female

6.0%

Foreign-Born

White 81.0%
African American 4.1%
Asian 5.2%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 8.0%
Hispanic or Latino 5.1%

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?

$83,175

Median Household Income

+14% vs state

$43,597

Per Capita Income

9.0%

Poverty Rate

3.4%

Unemployment Rate

19.6 min

Mean Commute Time

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

What is the education profile here?

High School Graduate or Higher 62.0%
Bachelor's Degree or Higher 36.0%

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

What does housing look like?

13,565

Total Housing Units

12,529

Occupied Units

1,036

Vacant Units

2.22

Avg Household Size

Occupancy Type

Owner 50.4%
Renter 49.6%

$209,500

Median Home Value

+6% vs state

$1,327

Median Rent

1976

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

+7.8%

YoY Change (2024)

200

HPI Index (2000 = 100)

+100%

Total Change Since 2000

Home values in ZIP 45431 have increased 7.8% over the past year (2024). Since 2000, this ZIP has seen +100% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.5% 137
2021 +17.1% 160
2022 +8.7% 174
2023 +7.0% 186
2024 +7.8% 200

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 626 business establishments in ZIP 45431, employing approximately 13,891 people with a combined annual payroll of $898,356,000.

626

Businesses

13,891

Employees

$898.4M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 146 23.3%
Professional, scientific, and technical services 109 17.4%
Accommodation and food services 92 14.7%
Health care and social assistance 76 12.1%
Other services (except public administration) 51 8.2%
Finance and insurance 32 5.1%
Construction 25 4.0%
Administrative and support and waste management and remediation services 20 3.2%
Real estate and rental and leasing 18 2.9%
Information 13 2.1%
Wholesale trade 10 1.6%
Arts, entertainment, and recreation 10 1.6%
Manufacturing 9 1.4%
Transportation and warehousing 7 1.1%
Educational services 5 0.8%
Management of companies and enterprises 3 0.5%

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 45431 vs 45432 →

ZIP Code City Population Distance
45432 Dayton, OH 15,288 1.8 mi
45430 Dayton, OH 7,402 3.6 mi
45433 Dayton, OH 2,011 3.5 mi
45403 Dayton, OH 15,006 3.6 mi
45434 Dayton, OH 12,163 4.0 mi
45410 Dayton, OH 15,339 4.3 mi
45420 Dayton, OH 25,438 4.1 mi
45404 Dayton, OH 10,833 4.7 mi
45440 Dayton, OH 20,734 6.3 mi
45301 Alpha, OH 130 4.8 mi

More ZIP Codes in Montgomery County

Frequently Asked Questions

What county is ZIP code 45431 in?
ZIP code 45431 (Dayton) is located in Montgomery County, Ohio. Montgomery County contains multiple ZIP codes, see the full list at /counties/montgomery-oh.
What is the population of ZIP code 45431?
ZIP code 45431 in Dayton, OH has a population of 26,315 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 45431?
The median household income in ZIP 45431 is $83,175, which is 9% above the national average of $76,288.
What is the average home value in ZIP 45431?
The median home value in ZIP 45431 is $209,500, which is 25% below the national average of $278,155.
What is the demographic makeup of ZIP 45431?
The largest racial group in ZIP 45431 is White at 81.0%. Hispanic or Latino residents make up 5.1% of the population.
How many businesses are in ZIP code 45431?
ZIP code 45431 has 626 business establishments employing approximately 13,891 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 45431?
The top industries by establishment count in ZIP 45431 are: Retail trade (146), Professional, scientific, and technical services (109), Accommodation and food services (92). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 45431?
According to the FHFA House Price Index, home values in ZIP 45431 increased by 7.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 100%. 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 45431?
In ZIP code 45431, 62.0% of residents aged 25+ have a high school diploma or higher, and 36.0% 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 45431?
The mean commute time for workers in ZIP code 45431 is 19.6 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 45431?
In ZIP code 45431, approximately 50.4% of occupied housing units are owner-occupied and 49.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 45431?
The poverty rate in ZIP code 45431 is 9.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Dayton, 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.

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