ZIP 80002 - 860Z200US80002 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80002, located in the Arvada area of Colorado, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 20,000 and a robust housing market, this area presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down key metrics to help you make informed decisions about living, investing, or operating in this ZIP code.

Population & Households

ZIP 80002 is home to 20,975 residents, making it a moderately sized community with a diverse mix of individuals and families. The area supports 9,451 households, reflecting a strong residential base. With 9,960 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for rental properties. Understanding the population and household dynamics in 80002 can help you gauge the community’s scale and potential demand for goods, services, or housing.

Income & Housing Costs

The median household income in ZIP 80002 stands at $92,827, suggesting a relatively affluent community with solid earning potential. This income level supports a strong housing market, where the median home value is $538,900. For renters, the median monthly rent is $1,733, which aligns with the area’s higher cost of living. These figures are critical for homebuyers assessing affordability, investors calculating return on investment, and business owners evaluating the purchasing power of local customers. The balance of income and housing costs in 80002 points to a stable, middle-to-upper-income market.

Race & Ethnicity

The demographic makeup of ZIP 80002 reflects a diverse yet predominantly white community. Approximately 68.75% of residents identify as white, while 25.47% identify as Hispanic, making it the second-largest ethnic group. Asian residents account for 1.57% of the population, and Black residents make up just 0.4%. This diversity can influence cultural amenities, community events, and business opportunities, offering a blend of perspectives and needs. For businesses and investors, understanding the racial and ethnic composition of 80002 can guide marketing strategies and community engagement efforts.

Key Facts

• Total population: 20,975 residents in 2023, indicating a mid-sized community.
• Total households: 9,451, supporting a strong residential foundation.
• Total housing units: 9,960, with a small surplus over occupied homes.
• Median household income: $92,827, reflecting a solid economic base.
• Median home value: $538,900, positioning 80002 as a higher-value market.
• Median rent: $1,733 per month, consistent with the area’s cost of living.
• Racial composition: 68.75% white, 25.47% Hispanic, 1.57% Asian, 0.4% Black.

What This Means for You

For homebuyers, ZIP 80002 offers a stable, higher-value housing market with a median home price of $538,900. The median income of $92,827 suggests that many residents can afford these prices, but careful budgeting is essential given the cost of living. The slight surplus of housing units (9,960 total vs. 9,451 households) may provide some negotiation room or inventory to choose from.

For investors and real estate agents, the combination of high home values and a median rent of $1,733 points to potential for rental income or property appreciation. The population size and income levels indicate sustained demand, though competition may be stiff in this desirable area.

For small-business owners, the diverse population of 20,975 and strong median income suggest a customer base with disposable income. Tailoring offerings to the cultural diversity—especially the significant Hispanic community (25.47%)—could unlock niche markets or loyal clientele.

For analysts, these metrics provide a foundation for deeper studies into economic trends, housing turnover, or demographic shifts in 80002, helping to predict future growth or challenges.

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