ZIP 80524 - 860Z200US80524 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80524, located in the vibrant Fort Collins area of Colorado, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on 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 what makes ZIP 80524 unique and how it might align with your goals.

Population & Households

ZIP 80524 is home to a population of 39,111 residents, making it a moderately sized community with a mix of urban and suburban vibes. These individuals are distributed across 16,619 households, reflecting a diverse range of family structures and living arrangements. With 17,548 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market.

Income & Housing Costs

The financial landscape of ZIP 80524 shows a median household income of $84,440, suggesting a relatively strong economic base for many residents. This income level supports a robust housing market, where the median home value stands at $527,700. For those considering renting, the median rent is $1,623 per month, which aligns with the area’s higher property values. These figures indicate that ZIP 80524 is a market with significant investment potential, though affordability may be a concern for some buyers or renters.

Race & Ethnicity

The demographic makeup of ZIP 80524 reflects a predominantly white population at 76.69%, with a notable Hispanic or Latino presence at 16.84%. Other racial groups include Black or African American at 0.89% and Asian at 1.45%. This composition points to a community with a strong cultural mix, particularly influenced by Hispanic heritage, which could appeal to businesses or individuals seeking diversity in their surroundings.

Key Facts

• Total population: 39,111 residents in 2023.
• Total households: 16,619, indicating a variety of family and living setups.
• Total housing units: 17,548, suggesting some availability for new occupants.
• Median household income: $84,440, reflecting a solid economic foundation.
• Median home value: $527,700, positioning this as a higher-end market.
• Median rent: $1,623 per month, consistent with property values.
• Racial composition: 76.69% white, 16.84% Hispanic, with smaller percentages of other groups.

What This Means for You

For homebuyers, ZIP 80524 offers a community with a strong economic base, as evidenced by the median income of $84,440. However, with a median home value of $527,700, you’ll need to budget accordingly or explore financing options to make this area accessible. The slight surplus of housing units (17,548 vs. 16,619 households) might provide some negotiation room.

For real estate investors and agents, the high median home value and rent ($1,623) signal a market with strong return potential, especially for rental properties or flips. The population size and diversity also suggest sustained demand for housing, making this ZIP code a promising area for long-term investments.

For small-business owners, the demographic diversity, particularly the significant Hispanic population (16.84%), offers opportunities to cater to varied cultural needs. With nearly 40,000 residents and a solid income level, there’s a sizable customer base to tap into for retail, services, or dining ventures.

For analysts, these metrics provide a foundation for deeper market studies. The income-to-housing cost ratio and racial composition can inform broader trends in Fort Collins and surrounding areas, helping to predict future growth or shifts in demand.

Run This Study Yourself

• Curious about other ZIP codes or want updated data for ZIP 80524? Start by visiting ZipcodeGPT to access powerful demographic and housing insights.
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