ZIP 80216 - 860Z200US80216 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in the Denver area, understanding the demographics and housing landscape of ZIP code 80216 can provide valuable clarity. Located in a dynamic part of the city, this area offers a mix of residential and commercial potential. This snapshot, based on 2023 data, breaks down population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers and uncover what makes ZIP 80216 unique.

Population & Households

In 2023, ZIP 80216 is home to a population of 16,610 residents. This community is supported by 6,485 households, reflecting a moderate density of living arrangements. The total number of housing units in the area stands at 6,924, indicating a slight surplus of available homes compared to occupied households. For those exploring residential or investment opportunities, this balance suggests potential availability for new residents or rental properties, though demand and local market trends should also be considered.

Income & Housing Costs

The median household income in ZIP 80216 is $86,869, a figure that positions this area as a relatively strong earner within the broader Denver metro region. This income level can support a comfortable lifestyle for many families and individuals, making it an appealing spot for homebuyers seeking affordability with access to urban amenities. On the housing front, the median house value is $392,500, reflecting a competitive yet accessible entry point for buyers in a growing market. For renters, the median rent is $1,934 per month, which aligns with the income levels but may require careful budgeting for some households. Investors and business owners can use these figures to gauge purchasing power and rental demand in the area.

Race & Ethnicity

The demographic makeup of ZIP 80216 is notably diverse, offering a cultural richness that can appeal to a wide range of residents and businesses. The population identifies as 51.46% Hispanic, making it the largest ethnic group in the area. White residents account for 36.72%, while Black residents make up 5.69%, and Asian residents represent 1.27%. This diversity can be a significant draw for small-business owners looking to cater to varied customer bases or for families seeking an inclusive community environment.

Key Facts

• Total population in ZIP 80216: 16,610 residents in 2023.
• Total households: 6,485, with 6,924 total housing units available.
• Median household income: $86,869, supporting a stable economic base.
• Median house value: $392,500, offering a competitive entry for buyers.
• Median rent: $1,934 per month, reflecting rental market trends.
• Racial composition: 51.46% Hispanic, 36.72% White, 5.69% Black, 1.27% Asian.
• Diverse community with potential for broad cultural and business appeal.

What This Means for You

For homebuyers, ZIP 80216 presents a promising opportunity with a median house value of $392,500, which is accessible compared to other Denver-area ZIP codes, paired with a solid median income of $86,869. This suggests a financially stable community where homeownership is within reach for many. Investors and real estate agents will note the slight surplus of housing units (6,924) over households (6,485), hinting at potential for rental properties or future sales as demand grows. The high median rent of $1,934 also indicates a strong rental market for those considering income properties. Small-business owners can leverage the area’s diversity—especially the significant Hispanic population (51.46%)—to tailor products or services to a multicultural audience, potentially tapping into unmet needs. Analysts can use this data as a baseline to track economic and demographic shifts in this evolving Denver neighborhood.

Run This Study Yourself

Curious to explore more about ZIP 80216 or compare it with other areas? You can dive deeper into demographic and housing insights with these simple steps:

• Visit ZipcodeGPT to access a powerful tool for ZIP code analysis.
• Enter any ZIP code to generate a detailed report tailored to your needs.
• Use the insights to inform your homebuying, investment, or business decisions with confidence.