ZIP 80221 - 860Z200US80221 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80221, located in the Denver metro area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a diverse population, robust household income, and a competitive housing market, this area presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, working, or investing in 80221.

Population & Households

ZIP 80221 is home to a vibrant community of 40,938 residents as of 2023. This sizable population supports a dynamic local economy and a variety of cultural influences. The area comprises 14,654 households, reflecting a mix of family structures, young professionals, and established residents. With 15,165 total housing units, there’s a slight surplus of homes relative to households, which could indicate some availability for new buyers or renters, though competition remains a factor in this active market.

Income & Housing Costs

The median household income in ZIP 80221 stands at $84,425, suggesting a relatively strong earning capacity among residents. This income level supports a comfortable lifestyle for many and indicates potential purchasing power for local businesses. On the housing front, the median home value is $449,700, reflecting a significant investment for prospective buyers but also pointing to strong property appreciation potential for investors. For renters, the median rent is $1,642 per month, which aligns with the area’s income levels but may pose affordability challenges for some. These figures highlight the need for careful financial planning when entering this market.

Race & Ethnicity

ZIP 80221 boasts a richly diverse population, with a racial and ethnic composition that shapes its cultural landscape. The breakdown includes 57.77% Hispanic residents, making this the largest demographic group, followed by 36.22% White, 1.53% Asian, and 1.15% Black residents. This diversity fosters a welcoming environment for people from various backgrounds and offers unique opportunities for businesses catering to multicultural needs or niche markets. Understanding this composition can help homebuyers find a community that aligns with their values and help businesses tailor their offerings effectively.

Key Facts

• Total population: 40,938 residents in 2023, indicating a substantial community with diverse needs.
• Total households: 14,654, reflecting a mix of family sizes and living arrangements.
• Total housing units: 15,165, suggesting limited but present availability for new occupants.
• Median household income: $84,425, pointing to solid earning potential in the area.
• Median home value: $449,700, a significant but potentially rewarding investment.
• Median rent: $1,642, a notable cost for renters to consider.
• Ethnic diversity: 57.77% Hispanic, 36.22% White, 1.53% Asian, and 1.15% Black, showcasing a multicultural community.

What This Means for You

For homebuyers, ZIP 80221 offers a diverse and vibrant community with a median home value of $449,700. While this price point requires a substantial investment, the area’s median household income of $84,425 suggests a stable economic base, potentially easing mortgage burdens for qualified buyers. The slight surplus of housing units may provide some negotiation room, but acting quickly in this competitive market is key.

For real estate investors and agents, the strong median home value and population size of 40,938 signal a market with growth potential. The diversity of the area, particularly the significant Hispanic population (57.77%), offers opportunities to cater to specific cultural preferences in property listings or marketing strategies. Additionally, the rental market, with a median rent of $1,642, could attract tenants seeking proximity to Denver’s urban amenities.

For small-business owners, the sizable and diverse population, coupled with a solid median income, creates a promising customer base. Tailoring products or services to the cultural makeup—especially the Hispanic majority—could build strong community ties and loyalty. The income levels also suggest disposable income for non-essential goods and services, a boon for retail or hospitality ventures.

For analysts, these metrics provide a foundation for deeper market studies, whether assessing housing trends, economic stability, or demographic shifts. The data points to a balanced yet competitive area worth monitoring for future growth patterns.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 80221? 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 needs.
• Use the insights to make informed decisions for buying, investing, or launching a business with confidence.