ZIP 80120 - 860Z200US80120 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80120, located in the heart of Colorado’s Arapahoe County, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of nearly 30,000 and a robust housing market, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the latest data to help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 80120 is home to 29,992 residents, making it a moderately sized community with a mix of families, professionals, and retirees. The area supports 13,578 households, reflecting a strong residential base. With 14,252 total housing units, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable community with room for growth, ideal for those seeking a settled yet dynamic place to live or operate a business.

Income & Housing Costs

The median household income in ZIP 80120 stands at $91,162, pointing to a relatively affluent community with solid earning potential. This income level supports a strong local economy, which can be a draw for small businesses targeting middle- to upper-income customers. On the housing front, the median home value is $596,400, reflecting a competitive real estate market where properties hold significant value. For renters, the median rent is $1,607 per month, indicating a premium rental market that aligns with the area’s higher property values. These figures suggest that while entry costs are high, the potential for long-term value appreciation could be a key benefit for buyers and investors.

Race & Ethnicity

The demographic makeup of ZIP 80120 is predominantly White, with 80.29% of residents identifying as such. Hispanic or Latino residents make up 12.06% of the population, while Black and Asian communities account for 1.71% and 1.55%, respectively. This composition reflects a largely homogeneous area with some diversity, which may influence cultural offerings, community dynamics, and business opportunities. For small-business owners, understanding this mix can help tailor products or services to the majority demographic while also addressing niche markets within the community.

Key Facts

• Total population: 29,992 residents in 2023, offering a sizable local market.
• Total households: 13,578, indicating a strong residential foundation.
• Total housing units: 14,252, suggesting slight availability for new occupants.
• Median household income: $91,162, reflecting a financially stable community.
• Median home value: $596,400, pointing to a high-value real estate market.
• Median rent: $1,607, aligning with the area’s premium housing costs.
• Racial composition: 80.29% White, 12.06% Hispanic, 1.71% Black, 1.55% Asian.

What This Means for You

For homebuyers, ZIP 80120 offers a stable, affluent community with high property values. The median home price of $596,400 means you’ll need a strong budget, but the investment could pay off with potential appreciation over time. Renters should prepare for costs around $1,607 monthly, which may suit those with higher incomes seeking quality housing.

For investors and real estate agents, the slight surplus of housing units (14,252 vs. 13,578 households) hints at opportunities to acquire properties for rental or resale. The high median income of $91,162 suggests tenants or buyers in this area can afford premium pricing, making it a potentially lucrative market.

For small-business owners, the population of nearly 30,000 and the income levels provide a solid customer base, especially for businesses catering to middle- and upper-income households. The demographic breakdown can guide marketing strategies—focus on the majority White population while exploring opportunities to serve the growing Hispanic community.

For analysts, these metrics highlight ZIP 80120 as a financially strong area with a competitive housing market. The data can inform broader studies on suburban growth, housing affordability, or demographic trends in Colorado.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 80120? 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 make informed decisions, whether you’re buying a home, investing, or planning a business venture.