ZIP 80209 - 860Z200US80209 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80209, located in the heart of Denver, Colorado, this demographic and housing snapshot offers a clear picture of the area’s population, income levels, and real estate landscape. Based on 2023 data, this analysis provides actionable insights for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the numbers to help you understand what makes this ZIP code unique and whether it aligns with your goals.

Population & Households

ZIP 80209 is home to a population of 26,794 residents, making it a moderately sized community within the Denver metro area. These residents are distributed across 14,907 households, reflecting a vibrant and active neighborhood. With 16,045 total housing units in the area, 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 or turnover, depending on your perspective as a buyer or business owner.

Income & Housing Costs

One of the standout metrics for ZIP 80209 is its median household income of $118,759, which points to a relatively affluent population. This income level supports a strong local economy, potentially benefiting small businesses and real estate investors. On the housing front, the median home value stands at an impressive $971,500, reflecting a high-demand area with significant property appreciation potential. For renters, the median rent is $1,981 per month, indicating a premium rental market that aligns with the area’s upscale housing profile. These figures suggest that ZIP 80209 is a desirable location, but it comes with a higher cost of entry for both buyers and renters.

Race & Ethnicity

The demographic makeup of ZIP 80209 shows a predominantly white population at 85.34%, with smaller percentages of other racial and ethnic groups. Black residents account for 1.07%, Asian residents make up 2.27%, and Hispanic or Latino individuals represent 7.23% of the population. This composition reflects a less diverse community compared to broader urban averages, which may influence cultural dynamics, business offerings, or community initiatives. For businesses or investors, understanding this demographic profile can help tailor services or marketing strategies to the predominant resident base while considering opportunities to appeal to underrepresented groups.

Key Facts

• Total population in ZIP 80209: 26,794 residents.
• Total households: 14,907, indicating a mix of family and individual living arrangements.
• Total housing units: 16,045, suggesting some availability for new occupants.
• Median household income: $118,759, reflecting a high-earning community.
• Median home value: $971,500, positioning this as a premium real estate market.
• Median rent: $1,981, indicative of a competitive rental landscape.
• Racial composition: 85.34% white, 7.23% Hispanic, 2.27% Asian, 1.07% Black.

What This Means for You

For homebuyers, ZIP 80209 offers a prestigious address with high property values, ideal if you’re seeking a long-term investment in a stable, affluent area. However, the median home price of nearly $1 million means you’ll need substantial financial readiness or a strategic financing plan. Real estate investors and agents can capitalize on the area’s high demand and property values, though the limited surplus of housing units (just over 1,100 unoccupied) suggests a competitive market with fewer distressed or undervalued properties. Rental investors might find opportunities given the high median rent, but tenant turnover and maintenance costs should be factored in.

For small-business owners, the high median income of residents indicates strong purchasing power, making this an attractive spot for boutique shops, upscale dining, or professional services. However, the less diverse demographic profile might limit the appeal of niche cultural businesses unless tailored to the majority population. Analysts can use these metrics to benchmark ZIP 80209 against other Denver-area ZIP codes, identifying trends in income growth, housing demand, or demographic shifts over time. Whatever your role, these insights provide a foundation for informed decision-making.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into ZIP 80209? 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 costs, and more, tailored to your specific needs.
• Use the insights to compare areas, identify opportunities, and make data-driven decisions for your next move, investment, or business venture.