ZIP 80640 - 860Z200US80640 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 80640 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in Colorado, this area offers a blend of suburban appeal and economic opportunity. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural diversity in 80640. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about this vibrant community.

Population & Households

As of 2023, ZIP 80640 is home to a population of 14,073 residents. This mid-sized community is spread across 4,844 households, indicating a strong residential base. The total number of housing units stands at 4,889, suggesting a tight housing market with limited vacancy. For families and individuals looking to settle here, this data points to a stable, established area with a significant number of residents already calling it home. For businesses, the population size offers a sizable customer base to tap into.

Income & Housing Costs

One of the standout metrics for ZIP 80640 is its median household income, which sits at an impressive $111,145. This figure reflects a financially robust community, likely attracting professionals and families with above-average earning potential. For homebuyers, this suggests that 80640 is a place where quality of life and economic stability go hand in hand. However, housing costs align with this higher income bracket. The median house value is $464,400, indicating a competitive real estate market where properties hold significant value. For those renting, the median rent is $2,138 per month, which may require a solid budget but reflects the premium nature of the area. Investors and agents will note that these figures signal strong demand and potential for appreciation in property values.

Race & Ethnicity

The cultural makeup of ZIP 80640 is notably diverse, offering a rich community fabric. According to 2023 data, the racial composition is as follows: 51.46% White, 0.14% Black, 1.41% Asian, and a significant 44.11% Hispanic. This diversity is a key strength of the area, fostering an inclusive environment that appeals to a wide range of residents and businesses. For homebuyers, this mix can mean a welcoming neighborhood with varied cultural influences. For small-business owners, it presents opportunities to cater to diverse customer needs and preferences, from food to services.

Key Facts

• Total population in ZIP 80640: 14,073 residents.
• Total households: 4,844, supporting a strong residential community.
• Total housing units: 4,889, indicating limited vacancy.
• Median household income: $111,145, reflecting economic strength.
• Median house value: $464,400, a competitive real estate market.
• Median rent: $2,138, aligning with the area’s premium housing costs.
• Diversity: 51.46% White, 44.11% Hispanic, with smaller Asian and Black populations.

What This Means for You

For homebuyers, ZIP 80640 offers a financially stable community with a high median income and valuable properties. The median house value of $464,400 suggests you’ll need a strong budget, but it also indicates a market where homes are likely to retain or grow in value over time. The diverse population adds to the area’s appeal, promising a vibrant neighborhood to call home.

For investors and real estate agents, the tight housing market (with just 4,889 units for 4,844 households) and high property values point to a low-risk, high-reward opportunity. The strong median income of residents suggests tenants or buyers will have the means to afford premium rents or purchase prices, ensuring steady returns.

For small-business owners, the population of over 14,000 and diverse demographic makeup provide a solid customer base. The high median income also means residents likely have disposable income for goods and services, making 80640 a promising spot for retail, dining, or professional offerings tailored to a multicultural audience.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 80640? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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