ZIP 80223 - 860Z200US80223 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 80223 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in the heart of Denver, Colorado, this area offers a dynamic mix of residents and economic activity. This 2023 snapshot provides a clear, data-driven look at population, income, housing costs, and cultural diversity in 80223, helping you make informed decisions whether you’re a homebuyer, real estate investor, small-business owner, or analyst.

Population & Households

ZIP code 80223 is home to a population of 19,624 residents as of 2023. This community supports 8,692 households, reflecting a vibrant and active area with a mix of family and individual living arrangements. The total number of housing units stands at 9,532, indicating a slight surplus of available properties relative to occupied households. This balance suggests potential opportunities for buyers or renters looking to move into the area, as well as for investors eyeing vacant units.

Income & Housing Costs

The median household income in ZIP 80223 is $80,461, positioning this area as a moderately affluent community within the Denver metro region. For homebuyers and investors, the median house value of $497,900 reflects a competitive real estate market with significant appreciation potential. Meanwhile, renters face a median monthly rent of $1,650, which aligns with the area’s income levels but may pose affordability challenges for some. These figures highlight the importance of financial planning for prospective residents and the potential for steady rental income for property owners.

Race & Ethnicity

ZIP 80223 boasts a diverse cultural makeup, enriching the community with varied perspectives and experiences. The racial composition includes 45.14% White, 41.72% Hispanic, 5.42% Black, and 2.72% Asian residents. This diversity creates a welcoming environment for families and businesses alike, offering a blend of traditions and opportunities for cultural engagement. For small-business owners, this mix can translate into a broad customer base with unique needs and preferences.

Key Facts

• Total population: 19,624 residents in 2023, indicating a sizable community.
• Total households: 8,692, reflecting a mix of family and solo living arrangements.
• Total housing units: 9,532, suggesting some availability for new occupants.
• Median household income: $80,461, supporting a stable economic base.
• Median house value: $497,900, pointing to a strong real estate market.
• Median rent: $1,650 per month, relevant for renters and landlords.
• Diverse demographics: Nearly balanced White (45.14%) and Hispanic (41.72%) populations.

What This Means for You

For homebuyers, ZIP 80223 offers a competitive yet promising housing market with a median home value of nearly $500,000. The slight surplus of housing units could mean less intense bidding wars, but budgeting for the median rent of $1,650 is crucial if you’re considering renting before buying. Investors and real estate agents will find value in the area’s income stability and diversity, which support consistent demand for both rentals and purchases. The median income of over $80,000 suggests tenants can afford competitive rents, while home values indicate room for long-term growth. Small-business owners can leverage the diverse population of nearly 20,000 to tailor products or services to a wide audience, from cultural foods to community-focused offerings. Finally, analysts can use these metrics to benchmark 80223 against neighboring ZIP codes for deeper market or demographic studies.

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