ZIP 80246 - 860Z200US80246 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 80246, understanding the local demographics and housing landscape is essential. Located in the Denver area, this ZIP code offers a mix of urban convenience and residential appeal. With a population of over 13,000 and a diverse community, ZIP 80246 presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, investing, or operating in this area.

Population & Households

ZIP 80246 is home to 13,028 residents, making it a moderately sized community within the Denver metro region. These individuals are spread across 7,457 households, reflecting a vibrant and active area. The total number of housing units stands at 8,148, indicating a slight surplus of available properties compared to occupied households. This gap could signal opportunities for buyers or investors looking to enter the market, as well as potential rental demand for landlords.

Income & Housing Costs

The median household income in ZIP 80246 is $66,503, which suggests a stable economic base for many residents. This income level supports a range of lifestyles and spending capacities, making the area attractive for small businesses targeting middle-income consumers. On the housing front, the median home value is $659,700, reflecting a competitive real estate market with significant investment potential. For renters, the median monthly rent is $1,661, 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 buyers or tenants in this ZIP code.

Race & Ethnicity

ZIP 80246 boasts a diverse population, with a racial and ethnic composition that enriches the community's cultural fabric. White residents make up 58.22% of the population, followed by Hispanic or Latino residents at 21.15%. Black or African American individuals account for 10.58%, while Asian residents represent 2.1%. This diversity can be a draw for businesses seeking to cater to varied customer bases and for families looking for an inclusive environment. Understanding these demographics can help tailor marketing strategies or community engagement efforts to resonate with local residents.

Key Facts

• Total population: 13,028 residents in ZIP 80246.
• Total households: 7,457, indicating a strong residential presence.
• Total housing units: 8,148, suggesting some availability for new occupants.
• Median household income: $66,503, supporting a middle-income community.
• Median home value: $659,700, reflecting a robust real estate market.
• Median rent: $1,661 per month, relevant for renters and landlords.
• Diverse population: 58.22% White, 21.15% Hispanic, 10.58% Black, 2.1% Asian.

What This Means for You

For homebuyers, ZIP 80246 offers a competitive market with a median home value of $659,700. This price point suggests a need for solid financing, but the area's diversity and household stability could make it a rewarding long-term investment. Real estate investors and agents should note the surplus of housing units (8,148 total) compared to households (7,457), which may indicate opportunities for rentals or flips, especially given the median rent of $1,661. The income level of $66,503 also supports a tenant base with reasonable purchasing power.

For small-business owners, the diverse demographic makeup and median income of $66,503 present a promising customer pool. Tailoring products or services to reflect the cultural diversity—such as offerings that appeal to Hispanic or Black communities—could enhance market fit. Finally, analysts can use these metrics to benchmark ZIP 80246 against nearby areas, identifying trends in housing demand or economic growth that could influence future planning or investment decisions.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 80246? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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