ZIP 28804 - 860Z200US28804 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 28804, located in the Asheville area of North Carolina, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 25,000 and a mix of housing options, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes ZIP 28804 distinct and whether it aligns with your goals.

Population & Households

ZIP 28804 is home to 25,141 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 9,411 households, reflecting a diverse mix of family structures and living arrangements. The total number of housing units stands at 11,716, indicating some vacancy or seasonal properties, which could be of interest to investors or those seeking rental opportunities. This balance of population and housing suggests a stable yet dynamic area with room for growth or personal investment.

Income & Housing Costs

The median household income in ZIP 28804 is $79,709, positioning it as a relatively affluent area compared to national averages. This income level supports a robust local economy, which can be a draw for businesses looking to tap into discretionary spending. On the housing front, the median home value is $528,500, reflecting a premium market that may appeal to buyers seeking long-term value or investors eyeing appreciation. For renters, the median rent is $1,399 per month, indicating a strong rental market that could offer steady returns for property owners. These figures highlight ZIP 28804 as a financially stable community with significant housing investment potential.

Race & Ethnicity

The demographic makeup of ZIP 28804 offers insight into the community’s cultural fabric. The population is predominantly White at 81.73%, with smaller but notable percentages of Black (3.9%), Asian (1.99%), and Hispanic (8.08%) residents. This composition suggests a primarily homogeneous area with emerging diversity, which could influence community dynamics, business offerings, and cultural amenities. For businesses and investors, understanding this mix can help tailor services or marketing strategies to resonate with local residents.

Key Facts

• Total population: 25,141 residents in ZIP 28804 as of 2023.
• Total households: 9,411, indicating a mix of family and individual living arrangements.
• Total housing units: 11,716, with some potential for vacancy or seasonal use.
• Median household income: $79,709, reflecting a financially stable community.
• Median home value: $528,500, pointing to a high-value real estate market.
• Median rent: $1,399, suggesting a strong rental demand.
• Racial composition: 81.73% White, 3.9% Black, 1.99% Asian, and 8.08% Hispanic.

What This Means for You

For homebuyers, ZIP 28804 offers a premium housing market with a median home value of $528,500, ideal for those seeking a long-term investment in a stable, affluent area. The community size and income levels suggest a quality of life supported by local amenities and economic strength. Real estate investors and agents will find opportunity in the gap between total housing units and households, potentially indicating vacation homes or rental properties, especially with a median rent of $1,399. The high home values also point to potential for appreciation or flipping opportunities. Small-business owners can leverage the $79,709 median household income to target consumers with disposable income, particularly in sectors like retail, dining, or services tailored to a predominantly White but diversifying population. Analysts can use these metrics to benchmark ZIP 28804 against neighboring areas or national trends, identifying growth patterns or market niches. Whether you’re buying, investing, or building a business, these insights provide a foundation for informed decisions.

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