ZIP 06830 - 860Z200US06830 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 06830, located in Greenwich, Connecticut, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of nearly 25,000 and a robust median household income, this ZIP code represents a vibrant, affluent community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these metrics provide actionable insights into the local market and lifestyle. Let’s break down the key data points to help you make informed decisions.

Population & Households

ZIP 06830 is home to 24,919 residents, making it a moderately sized community with a mix of families, professionals, and retirees. The area supports 9,521 households, reflecting a strong residential base. With 11,065 total housing units, there’s a notable inventory of homes, though availability may vary based on demand and market conditions. This population size suggests a community large enough to sustain local businesses while maintaining a suburban feel, ideal for those seeking a balance between connectivity and privacy.

Income & Housing Costs

One of the standout features of ZIP 06830 is its economic profile. The median household income stands at an impressive $146,841, indicating a high-earning population with significant purchasing power. This affluence is mirrored in the housing market, where the median house value reaches $1,685,700. For renters, the median monthly rent is $2,296, reflecting the premium cost of living in this area. These figures position ZIP 06830 as a high-end market, appealing to those with substantial budgets or investment capital.

For homebuyers and investors, the elevated home values suggest long-term appreciation potential, though entry costs are steep. Renters should anticipate higher-than-average expenses, which may influence decisions about affordability and location priorities.

Race & Ethnicity

The demographic makeup of ZIP 06830 offers insight into its cultural diversity. The population is predominantly White at 63.8%, with Hispanic residents comprising 18.31% of the community. Asian residents account for 5.88%, and Black residents make up 5.31%. This mix indicates a community with a notable level of diversity, particularly with a significant Hispanic presence, which could influence local culture, businesses, and community events. For businesses and investors, this diversity may present opportunities to cater to varied consumer needs and preferences.

Key Facts

• Total population: 24,919 residents in 2023.
• Total households: 9,521, supporting a strong residential base.
• Total housing units: 11,065, indicating a sizable housing inventory.
• Median household income: $146,841, reflecting an affluent community.
• Median house value: $1,685,700, positioning this as a premium real estate market.
• Median rent: $2,296 per month, higher than many surrounding areas.
• Racial composition: 63.8% White, 18.31% Hispanic, 5.88% Asian, 5.31% Black.

What This Means for You

For homebuyers, ZIP 06830 offers a prestigious address with access to a high-income community, but be prepared for significant upfront costs with median home values exceeding $1.6 million. This area could be ideal if you’re seeking a long-term investment or a luxurious lifestyle, though budgeting for property taxes and maintenance will be critical.

For real estate investors and agents, the high median income and home values signal strong demand and potential for returns, especially in luxury rentals or flips. However, the high entry barrier may limit your target audience to wealthier clients or institutional buyers. Focus on properties that cater to affluent tastes or offer unique value propositions.

For small-business owners, the affluent population with a median income of nearly $147,000 suggests disposable income for premium goods and services. Consider businesses that align with upscale lifestyles, such as boutique retail, fine dining, or specialized services. The diverse demographic mix also opens doors for culturally tailored offerings.

For analysts, these metrics highlight ZIP 06830 as a stable, high-value market with a diverse yet predominantly White population. Use this data to benchmark against neighboring ZIP codes or to identify trends in luxury housing and income distribution.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 06830? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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