ZIP 80204 - 860Z200US80204 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80204, located in the heart of Denver, Colorado, understanding the area’s demographic and housing landscape is essential. This snapshot, based on 2023 data, offers a clear view of the population, income levels, housing costs, and cultural diversity in this dynamic urban area. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living, working, or investing in ZIP 80204.

Population & Households

ZIP 80204 is home to a vibrant community of 35,518 residents. This population size reflects a bustling, urban environment with a mix of families, professionals, and individuals. The area supports 16,993 households, indicating a strong residential base. With 18,378 total housing units, there’s a slight surplus of homes compared to occupied households, which could suggest some availability for new residents or investors looking for rental opportunities. This balance between population and housing units paints a picture of a neighborhood that’s active yet potentially accessible for newcomers.

Income & Housing Costs

The median household income in ZIP 80204 stands at $79,265, which points to a relatively solid economic foundation for many residents. This income level can support a comfortable lifestyle in an urban setting, though costs of living should be weighed carefully. On the housing front, the median home value is $579,900, reflecting the premium placed on real estate in this desirable Denver area. For renters, the median rent is $1,724 per month, which aligns with the urban market but may require budgeting for those with tighter finances. These figures highlight both the opportunities and challenges of entering the housing market in ZIP 80204.

Race & Ethnicity

ZIP 80204 boasts a diverse cultural makeup, which adds to its appeal as a vibrant and inclusive community. The racial composition includes 47.14% White residents, 37.69% Hispanic or Latino residents, 5.79% Black or African American residents, and 1.92% Asian residents. This diversity fosters a rich blend of perspectives, traditions, and community events, making the area attractive to those who value a multicultural environment. For businesses and investors, this mix can translate into varied customer bases and opportunities for culturally tailored services.

Key Facts

• Total population: 35,518 residents, indicating a lively urban community.
• Total households: 16,993, supporting a strong residential presence.
• Total housing units: 18,378, suggesting some availability for new occupants.
• Median household income: $79,265, reflecting a stable economic base.
• Median home value: $579,900, indicative of a competitive real estate market.
• Median rent: $1,724, aligning with urban rental trends.
• Diverse population: 47.14% White, 37.69% Hispanic, 5.79% Black, 1.92% Asian.

What This Means for You

For homebuyers, ZIP 80204 offers a dynamic urban lifestyle with a diverse community, but the median home value of $579,900 signals a competitive market—be prepared for a significant investment and consider working with a local agent to find value. Renters should note the median rent of $1,724, which may stretch budgets for some; exploring shared housing or nearby areas could provide relief. Real estate investors and agents will find potential in the slight surplus of housing units (18,378 vs. 16,993 households), which may indicate opportunities for rentals or flips, especially given the area’s strong median income of $79,265. Small-business owners can leverage the diverse population of 35,518 to target varied customer needs, from cultural foods to specialized services, while the urban density supports foot traffic. Analysts can use these metrics to benchmark ZIP 80204 against other Denver areas, focusing on income and housing trends for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 80204? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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