ZIP 80005 - 860Z200US80005 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 80005 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in a vibrant part of Colorado, this ZIP code encompasses a community of nearly 29,000 residents with strong economic indicators and a diverse housing landscape. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the population, income, and housing trends here can help you make informed decisions. Let’s dive into the numbers and see what they reveal about life in 80005.

Population & Households

The total population of ZIP 80005 stands at 28,883, spread across 11,276 households. This suggests an average household size of roughly 2.6 people, indicating a mix of families, couples, and potentially solo dwellers. With 11,397 total housing units in the area, there’s a tight balance between households and available homes, pointing to a stable residential community with limited vacancy. For those eyeing this area, the population size reflects a mid-sized suburban feel—large enough to support local businesses but small enough to maintain a close-knit vibe.

Income & Housing Costs

One of the standout metrics for ZIP 80005 is its median household income of $136,360, which signals a relatively affluent community. This income level positions residents well above national averages, offering significant purchasing power for homebuyers and a strong customer base for businesses. On the housing front, the median home value is $620,100, reflecting a premium market where properties hold substantial value. For renters, the median rent is $2,058 per month, indicating a high cost of living that aligns with the area’s income and property values. These figures suggest that 80005 is a desirable, upscale area with a competitive real estate market.

Race & Ethnicity

The demographic makeup of ZIP 80005 provides insight into the community’s cultural fabric. The population is predominantly White at 84.33%, with smaller shares of Hispanic (10.89%), Asian (1.77%), and Black (0.79%) residents. This composition points to a largely homogeneous area with some diversity, particularly among Hispanic residents who form the largest minority group. For businesses and investors, this breakdown can inform marketing strategies or community engagement efforts, while homebuyers may appreciate understanding the cultural context of their potential neighborhood.

Key Facts

• Total population: 28,883 residents in 2023, offering a mid-sized community feel.
• Total households: 11,276, with an average household size of about 2.6 people.
• Total housing units: 11,397, indicating a near-full occupancy rate.
• Median household income: $136,360, reflecting strong economic stability.
• Median home value: $620,100, positioning 80005 as a high-value real estate market.
• Median rent: $2,058 per month, aligning with the area’s upscale housing costs.
• Racial composition: 84.33% White, 10.89% Hispanic, 1.77% Asian, 0.79% Black.

What This Means for You

For homebuyers, ZIP 80005 offers a premium market with median home values over $620,000, ideal if you’re seeking a long-term investment in a financially stable area. The high median income suggests neighbors with strong economic footing, often correlating with well-maintained properties and good schools. However, be prepared for competitive bidding due to limited housing stock.

For investors and real estate agents, the near-full occupancy and high property values in 80005 point to a low-risk, high-reward market. Rental income potential is strong with median rents over $2,000, but acquisition costs will be significant. Focus on properties that can attract affluent tenants or buyers looking for upscale suburban living.

For small-business owners, the $136,360 median income indicates a customer base with disposable income, perfect for premium goods or services. The population size supports a steady local market, but consider the cultural makeup—primarily White with a notable Hispanic presence—when tailoring your offerings or outreach.

For analysts, these metrics provide a baseline for deeper studies into economic trends, housing demand, or demographic shifts in 80005. The data suggests stability, but tracking future changes in income or diversity could uncover emerging opportunities or challenges.

Run This Study Yourself

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