ZIP 80207 - 860Z200US80207 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80207, located in the heart of Denver, Colorado, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, offers a clear picture of the area’s population, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can guide your next steps in this dynamic community.

Population & Households

ZIP 80207 is home to a population of 22,382 residents, making it a moderately sized urban area with a vibrant community feel. These individuals are distributed across 9,071 households, reflecting a mix of family units, singles, and shared living arrangements. With 9,291 total housing units in the area, there’s a tight balance between available homes and occupied residences, which suggests a competitive housing market for prospective buyers or renters.

Income & Housing Costs

The median household income in ZIP 80207 stands at $112,325, indicating a relatively affluent community compared to national averages. This income level supports a strong local economy, which can be a draw for businesses looking to tap into disposable income. On the housing front, the median home value is $661,900, reflecting the premium placed on real estate in this desirable Denver area. For renters, the median monthly rent is $1,819, which aligns with the higher cost of living and suggests that rental properties could be a viable investment for landlords.

Race & Ethnicity

ZIP 80207 boasts a diverse population, which contributes to a rich cultural tapestry. The racial and ethnic composition breaks down as follows: 46.39% White, 26.38% Black, 1.43% Asian, and 16.16% Hispanic. This diversity can be a significant asset for businesses aiming to serve a broad customer base or for families seeking an inclusive community with varied perspectives and experiences.

Key Facts

• Total population: 22,382 residents, offering a sizable market for businesses and services.
• Total households: 9,071, indicating a strong base of potential customers or clients.
• Median household income: $112,325, suggesting above-average purchasing power.
• Median home value: $661,900, pointing to a high-demand real estate market.
• Median rent: $1,819 per month, reflecting a competitive rental landscape.
• Diverse demographics: 46.39% White, 26.38% Black, 1.43% Asian, 16.16% Hispanic.
• Total housing units: 9,291, with limited availability for new occupants.

What This Means for You

For homebuyers, ZIP 80207 offers a thriving, diverse community with a strong economic base, but be prepared for a competitive market with median home values at $661,900. Working with a local real estate agent to act quickly on listings could be key to securing a property. For investors and agents, the high median income and home values suggest opportunities for substantial returns, particularly in rental properties where median rents are $1,819. However, the tight housing supply means you’ll need to move fast on potential deals. For small-business owners, the area’s 22,382 residents and above-average income levels create a promising customer base, especially for businesses that cater to diverse cultural needs or premium services. Finally, for analysts, these metrics highlight ZIP 80207 as a stable, affluent, and growing urban area worth deeper exploration for market trends or investment potential.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 80207? 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 specific needs.
• Use the insights to inform your decisions, whether you’re buying a home, investing, or planning a business venture.