ZIP 80104 - 860Z200US80104 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80104, located in the Castle Rock area of Colorado, this demographic and housing snapshot offers a clear picture of the community as of 2023. With a robust population, strong income levels, and a competitive housing market, this area presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living or working in ZIP 80104.

Population & Households

ZIP 80104 is home to a thriving community of 36,461 residents. This sizable population supports a diverse local economy and a vibrant neighborhood atmosphere. The area comprises 13,486 households, indicating a strong base of families and individuals contributing to the community’s growth. With 13,945 total housing units, there’s a tight balance between supply and demand, which shapes the real estate landscape in this region. For those looking to settle or invest, understanding these numbers highlights the scale and potential of ZIP 80104.

Income & Housing Costs

One of the standout features of ZIP 80104 is its economic strength, reflected in a median household income of $131,359. This figure suggests a high-earning community with significant purchasing power, which can be a draw for businesses and investors alike. On the housing front, the median home value stands at $586,800, pointing to a premium market where properties hold substantial value. For renters, the median rent is $1,816 per month, indicating a competitive rental market that aligns with the area’s overall cost of living. These metrics underscore ZIP 80104 as a financially robust area with housing costs that reflect its desirability.

Race & Ethnicity

The demographic makeup of ZIP 80104 offers insight into the community’s cultural fabric. The population is predominantly White at 80.64%, with smaller percentages of Black (0.53%) and Asian (1.59%) residents. Additionally, 9.51% of the population identifies as Hispanic. This composition suggests a largely homogeneous community with some diversity, which can influence local culture, business offerings, and community dynamics. For businesses and investors, understanding these demographics can help tailor services or marketing strategies to resonate with the majority while addressing the needs of smaller demographic groups.

Key Facts

• Total population in ZIP 80104: 36,461 residents, indicating a sizable and active community.
• Total households: 13,486, reflecting a strong base of family and individual units.
• Total housing units: 13,945, showing a near balance with household demand.
• Median household income: $131,359, highlighting significant economic strength.
• Median home value: $586,800, indicative of a high-value real estate market.
• Median rent: $1,816, pointing to a competitive rental environment.
• Racial composition: 80.64% White, 9.51% Hispanic, with smaller percentages of other groups.

What This Means for You

For homebuyers, ZIP 80104 offers a premium housing market with median home values at $586,800. The high median income of $131,359 suggests neighbors with financial stability, often correlating with well-maintained properties and strong community amenities. However, be prepared for competitive pricing and limited inventory given the close match between housing units and households.

For investors and real estate agents, the data points to a lucrative market in ZIP 80104. High home values and rents ($1,816 median) indicate strong returns on investment, though the tight housing supply may require strategic timing or creative sourcing for deals. The affluent demographic also supports potential for luxury or high-end property developments.

For small-business owners, the sizable population of 36,461 and high median income present a promising customer base with disposable income. Tailoring offerings to the predominantly White and family-oriented demographic, while considering the needs of the Hispanic community (9.51%), could maximize market reach. Retail, dining, and service-based businesses may thrive here.

For analysts, these metrics provide a foundation for deeper studies into economic trends, housing demand, and community needs in ZIP 80104, offering a starting point for forecasting growth or identifying gaps in services.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 80104? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to inform your next move, investment, or business strategy with confidence.