ZIP 80238 - 860Z200US80238 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 80238 in Denver, Colorado, as a place to live, invest, or start a business, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the area’s population, income levels, housing costs, and racial composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in 80238.

Population & Households

ZIP code 80238 is home to a vibrant community of 29,448 residents. This population is distributed across 11,261 households, reflecting a mix of family units, couples, and individuals. With 11,741 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking to acquire property. The average household size can be inferred as roughly 2.6 people, suggesting a community with a balanced mix of smaller and larger households.

Income & Housing Costs

One of the standout metrics for ZIP 80238 is its median household income of $166,191, which points to a relatively affluent community. This high income level supports strong purchasing power, making the area attractive for businesses targeting higher-income consumers. On the housing front, the median home value stands at $806,400, reflecting a premium real estate market. For renters, the median rent is $2,071 per month, which aligns with the area’s elevated cost of living. These figures suggest that 80238 is a desirable, upscale location, but affordability may be a consideration for some prospective residents or investors.

Race & Ethnicity

The demographic makeup of ZIP 80238 offers a glimpse into the area’s cultural diversity. The population is predominantly White at 65.72%, followed by Hispanic or Latino residents at 14.3%. Black or African American individuals make up 6.9% of the population, while Asian residents account for 5.69%. This composition indicates a primarily White community with notable representation from other racial and ethnic groups, contributing to a diverse social fabric. For businesses and investors, this diversity can inform marketing strategies and community engagement efforts.

Key Facts

• Total population in ZIP 80238: 29,448 residents.
• Total households: 11,261, with an average size of approximately 2.6 people.
• Total housing units: 11,741, suggesting limited vacancy or availability.
• Median household income: $166,191, indicating a high-income community.
• Median home value: $806,400, reflecting a premium real estate market.
• Median rent: $2,071 per month, consistent with upscale living costs.
• Racial composition: 65.72% White, 14.3% Hispanic, 6.9% Black, 5.69% Asian.

What This Means for You

For homebuyers, ZIP 80238 offers a high-quality living environment with a strong community feel, but the median home value of $806,400 means you’ll need significant financial resources or a robust mortgage plan to enter this market. The high median income suggests neighbors with stable finances, which can contribute to a secure, well-maintained area.

For real estate investors and agents, the slight surplus of housing units (11,741 total vs. 11,261 households) may present opportunities for rentals or flips, though the high median home value indicates a competitive market. The $2,071 median rent also supports potential for strong rental income, especially for properties catering to affluent tenants.

For small-business owners, the $166,191 median household income signals a customer base with disposable income, ideal for premium products or services. The diverse racial and ethnic makeup also suggests an opportunity to tailor offerings to varied cultural preferences, enhancing community connection.

For analysts, these metrics provide a foundation for deeper studies into economic trends, housing demand, and demographic shifts in 80238, helping to predict future growth or investment potential.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 80238? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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