ZIP 80022 - 860Z200US80022 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 80022 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in Colorado, this area offers a dynamic mix of residents and opportunities. With a population of nearly 60,000 and a median household income close to $100,000, ZIP 80022 presents a robust market for homebuyers, real estate investors, small-business owners, and analysts. This article breaks down the latest 2023 data to provide a clear picture of what makes this area unique and how it can meet your needs.

Population & Households

ZIP 80022 is home to 59,556 residents, making it a sizable community with a diverse population base. These individuals are distributed across 19,026 households, reflecting a strong residential presence. Whether you’re a homebuyer looking for a vibrant neighborhood or a business owner seeking a substantial customer base, the population size here offers ample potential. The number of households also indicates a stable foundation for local services and retail opportunities, as families and individuals form the backbone of the community.

Income & Housing Costs

Financial stability is a key consideration for anyone eyeing ZIP 80022, and the numbers here are promising. The median household income stands at $98,858, suggesting a relatively affluent community with disposable income to support local businesses and maintain property values. On the housing front, the median home value is $448,400, positioning this area as a competitive yet accessible market for buyers and investors. For renters, the median rent is $1,507 per month, which aligns with the income levels and offers a viable option for those not ready to purchase. These figures highlight ZIP 80022 as a balanced market with opportunities for various budgets.

Race & Ethnicity

Diversity is a defining characteristic of ZIP 80022, with a racial and ethnic composition that reflects a rich cultural tapestry. The population is 53.34% Hispanic, 36.42% White, 4.84% Black, and 2.12% Asian. This blend creates a welcoming environment for residents and businesses alike, fostering inclusivity and a broad customer base. For small-business owners, this diversity can translate into varied consumer preferences and opportunities to cater to niche markets. For homebuyers and investors, it signals a community that values cultural exchange and adaptability.

Key Facts

• Total population: 59,556 residents, offering a substantial market for businesses and services.
• Total households: 19,026, indicating a strong residential base for community engagement.
• Total housing units: 19,929, providing insight into the area’s capacity for growth.
• Median household income: $98,858, reflecting financial stability among residents.
• Median home value: $448,400, a competitive price point for real estate investment.
• Median rent: $1,507, aligning with income levels for rental affordability.
• Diverse population: Over 53% Hispanic, with significant White, Black, and Asian representation.

What This Means for You

For homebuyers, ZIP 80022 offers a compelling mix of affordability and value with a median home price of $448,400 and a diverse, welcoming community. The strong median income of $98,858 suggests neighbors who are financially stable, which can contribute to a secure and well-maintained area. Real estate investors and agents will find opportunity in the nearly 20,000 housing units and a growing population, indicating potential for both rental and sales markets. Small-business owners can leverage the sizable and diverse population of 59,556 to build a loyal customer base, especially by tailoring offerings to the cultural diversity reflected in the demographic data. Analysts can use these metrics to identify trends, forecast growth, and advise clients on strategic decisions in this dynamic Colorado ZIP code.

Run This Study Yourself

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