ZIP 80237 - 860Z200US80237 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80237, located in the Denver area, this demographic and housing snapshot offers a clear picture of the community. Based on 2023 data, this analysis covers 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 to understand what makes this area unique and how it can meet your needs.

Population & Households

ZIP 80237 is home to a population of 22,764 residents, making it a moderately sized community with a mix of urban and suburban characteristics. These individuals are distributed across 11,734 households, reflecting a diverse range of family structures and living arrangements. With 12,620 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to settle here.

Income & Housing Costs

The median household income in ZIP 80237 stands at $86,723, suggesting 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 home value is $587,400, positioning this area as a higher-end market within the Denver metro region. For renters, the median rent is $1,845 per month, reflecting the premium cost of living in this ZIP code. These figures highlight the need for careful financial planning for prospective residents or investors evaluating affordability and return on investment.

Race & Ethnicity

The demographic makeup of ZIP 80237 offers insight into the community’s diversity. The population is predominantly White at 70.44%, with significant representation from Hispanic or Latino residents at 16.8%. Black or African American individuals account for 5.62%, while Asian residents make up 3.34%. This blend of backgrounds contributes to a culturally rich environment, which can be appealing for those seeking an inclusive community or a diverse customer base for business ventures.

Key Facts

• Total population: 22,764 residents, offering a balanced community size.
• Total households: 11,734, indicating a mix of family and individual living arrangements.
• Total housing units: 12,620, suggesting some availability for new residents or investors.
• Median household income: $86,723, reflecting a strong economic base.
• Median home value: $587,400, indicative of a premium housing market.
• Median rent: $1,845, aligning with the area’s higher cost of living.
• Racial composition: 70.44% White, 16.8% Hispanic, 5.62% Black, 3.34% Asian, fostering diversity.

What This Means for You

For homebuyers, ZIP 80237 presents a stable, affluent community with a median home value of $587,400. While the price point is on the higher side, the area’s income levels suggest a financially secure neighborhood, potentially reducing risks of economic downturns affecting property values. If you’re a buyer, consider the slight surplus of housing units as a chance to negotiate or find a property that fits your needs.

For investors and real estate agents, the combination of high home values and a median rent of $1,845 signals strong rental demand and potential for solid returns. The population size and diversity also indicate a steady pool of prospective tenants or buyers. Focus on properties that cater to the area’s demographic mix to maximize appeal.

For small-business owners, the median household income of $86,723 points to disposable income among residents, which could translate to strong customer spending. The diverse population offers opportunities to tailor products or services to varied cultural preferences, while the community’s size ensures a sizable local market. Consider locations near residential hubs to capture foot traffic.

For analysts, these metrics provide a foundation for deeper market studies. The income and housing cost data can inform economic forecasts, while the racial composition offers a lens into social dynamics. Use this as a starting point for comparative analyses with neighboring ZIP codes.

Run This Study Yourself

• Curious about another area or want updated insights for ZIP 80237? Start by visiting ZipcodeGPT to access powerful demographic tools.
• Enter any ZIP code to generate a detailed report tailored to your interests, from housing trends to population stats.
• Use the data to make confident decisions for your home purchase, investment, or business strategy with ease.