ZIP 80229 - 860Z200US80229 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80229, located in the Thornton area of Colorado, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 57,000 and a diverse cultural makeup, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down key metrics on population, income, housing costs, and racial composition to help you make informed decisions.

Population & Households

ZIP 80229 is home to 57,274 residents, making it a sizable and vibrant community. These individuals are distributed across 19,498 households, with an average household size that reflects a mix of families and individuals. The total number of housing units stands at 20,130, indicating a slight surplus of available homes compared to occupied households. This balance could signal opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing potential rental properties.

Income & Housing Costs

The median household income in ZIP 80229 is $83,450, a figure that suggests a relatively stable economic base for many residents. This income level supports a housing market where the median home value is $382,900, reflecting a competitive yet accessible entry point for homebuyers in the Denver metro region. For renters, the median monthly rent is $1,719, which aligns with the area’s cost of living and income levels. These figures provide a benchmark for assessing affordability, whether you’re planning to buy, rent, or invest in property here.

Race & Ethnicity

ZIP 80229 stands out for its diverse population, with a racial and ethnic composition that enriches the community’s cultural fabric. Hispanic residents make up the largest group at 57.03%, followed by White residents at 34.15%. Asian residents account for 3.17% of the population, while Black residents represent 1.43%. This diversity can be a draw for businesses seeking to serve a wide customer base or for families looking for an inclusive environment to call home.

Key Facts

• Total population: 57,274 residents in 2023, indicating a robust community size.
• Total households: 19,498, with a mix of family and individual living arrangements.
• Total housing units: 20,130, suggesting some availability for new occupants.
• Median household income: $83,450, supporting a stable local economy.
• Median home value: $382,900, competitive for the region’s housing market.
• Median rent: $1,719 per month, reflecting rental affordability relative to income.
• Diverse demographics: 57.03% Hispanic, 34.15% White, 3.17% Asian, and 1.43% Black.

What This Means for You

For homebuyers, ZIP 80229 offers a promising mix of affordability and community diversity. With a median home value of $382,900 and a slight surplus of housing units, there may be room to negotiate or find a property that fits your budget. The median income of $83,450 also suggests that many residents have the financial stability to maintain a comfortable lifestyle, which can contribute to neighborhood stability.

Real estate investors and agents will find potential in the area’s housing dynamics. The gap between total housing units (20,130) and occupied households (19,498) hints at opportunities for rental properties or fixer-uppers. Additionally, the diverse population could attract tenants from varied backgrounds, broadening your market reach.

Small-business owners can leverage the area’s diversity and population size. With over 57,000 residents, there’s a substantial customer base to tap into, especially if your products or services cater to Hispanic or multicultural communities, which form the majority here. The median income level also indicates disposable income for local spending.

For analysts, these metrics provide a foundation for deeper research into market trends, housing demand, or economic growth in ZIP 80229. The data points to a balanced community with growth potential, worth monitoring for future opportunities.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 80229? 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, and more, tailored to your needs.
• Use the insights to inform your next move, whether you’re buying a home, investing, or planning a business venture.