ZIP 80224 - 860Z200US80224 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80224, located in the Denver area, this demographic and housing snapshot offers a clear picture of the community in 2023. With data on population, income, housing values, and racial composition, this analysis equips homebuyers, real estate investors, small-business owners, and analysts with actionable insights. Whether you're eyeing a family home, a rental property, or a commercial space, understanding ZIP 80224’s makeup is the first step to making informed decisions.

Population & Households

ZIP 80224 is home to a population of 19,265 residents as of 2023. This mid-sized community supports 8,474 households, reflecting a mix of family and individual living arrangements. With 9,200 total housing units in the area, there’s a slight surplus of properties over occupied households, which could indicate availability for new residents or investors looking for opportunities. This balance suggests a stable residential base, appealing to those seeking a settled yet dynamic neighborhood.

Income & Housing Costs

The median household income in ZIP 80224 stands at $82,013, pointing to a relatively affluent community with solid earning potential. This income level supports a robust local economy, which can be a draw for businesses and investors. On the housing front, the median house value is $565,400, reflecting a competitive real estate market that may appeal to buyers looking for long-term value appreciation. For renters, the median rent is $1,636 per month, indicating a significant cost for leasing but also potential for landlords to secure steady rental income. These figures highlight ZIP 80224 as a location with strong financial underpinnings for both residents and investors.

Race & Ethnicity

The demographic composition of ZIP 80224 offers a glimpse into its cultural diversity. The population identifies as 60.45% White, 13.44% Black, 4.62% Asian, and 13.63% Hispanic. This mix suggests a community with varied perspectives and backgrounds, which can enrich the social fabric and create opportunities for businesses catering to diverse needs. For homebuyers and investors, this diversity may translate into a welcoming environment with broad appeal, while small-business owners might find niche markets to serve within these demographic segments.

Key Facts

• Total population: 19,265 residents in ZIP 80224 as of 2023.
• Total households: 8,474, indicating a stable residential community.
• Total housing units: 9,200, suggesting potential availability for new occupants.
• Median household income: $82,013, reflecting strong local earning power.
• Median house value: $565,400, pointing to a valuable real estate market.
• Median rent: $1,636 per month, offering opportunities for rental investments.
• Racial composition: 60.45% White, 13.44% Black, 4.62% Asian, 13.63% Hispanic, showcasing diversity.

What This Means for You

For homebuyers, ZIP 80224 presents a promising market with a median house value of $565,400, suggesting potential for equity growth in a financially stable area. The diverse population and moderate size of the community make it a great fit for families or individuals seeking a vibrant yet manageable neighborhood. Real estate investors and agents will note the slight surplus of housing units over households, which could mean opportunities for rentals or flips, especially with a median rent of $1,636 indicating strong demand. Small-business owners can leverage the area’s diversity and solid median income of $82,013 to target a range of customer needs, from cultural goods to everyday services. Analysts studying market trends will find ZIP 80224’s balanced demographics and housing metrics a useful case study for urban-suburban dynamics. Whatever your goal, these insights provide a foundation for strategic planning.

Run This Study Yourself

• Want to dive deeper into ZIP 80224 or explore another area? Start by visiting ZipcodeGPT for a user-friendly platform to analyze demographic and housing data.
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• Use the insights to inform your homebuying, investment, or business decisions with confidence and precision.