ZIP 80831 - 860Z200US80831 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80831, located in the Peyton area of Colorado, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 33,000 and a strong median household income, this area presents unique opportunities for homebuyers, real estate investors, agents, small-business owners, and analysts. Drawing from the latest data, this article breaks down population trends, income levels, housing costs, and racial composition to help you make informed decisions about living or working in ZIP 80831.

Population & Households

ZIP 80831 is home to a sizable population of 33,287 residents as of 2023. This figure reflects a community that’s large enough to support local businesses and amenities while maintaining a suburban or semi-rural feel. The area comprises 10,640 households, indicating a strong base of families and individuals contributing to the local economy. Additionally, there are 11,148 total housing units, suggesting a slight surplus of available homes or potential for future occupancy growth. For those eyeing this ZIP code, these numbers point to a stable and growing community with room for new residents or developments.

Income & Housing Costs

One of the standout metrics for ZIP 80831 is its median household income of $128,900, which signals a relatively affluent population. This income level positions the area as attractive for businesses targeting middle- to upper-income consumers and for homebuyers seeking a financially secure community. On the housing front, the median home value stands at $495,800, reflecting a robust real estate market with significant investment potential. For renters, the median rent is $2,388 per month, which aligns with the higher cost of living and suggests a demand for quality rental properties. These figures highlight ZIP 80831 as a premium location for both owning and renting property.

Race & Ethnicity

The racial and ethnic composition of ZIP 80831 provides insight into the community’s diversity. The majority of residents, 72.9%, identify as White, forming the largest demographic group. Hispanic or Latino residents make up 12.32% of the population, adding cultural richness to the area. Black or African American residents account for 4.17%, while Asian residents represent 1.7%. This breakdown indicates a predominantly White community with notable Hispanic representation, which could influence local culture, businesses, and community events. For those considering relocation or investment, understanding this mix can help tailor decisions to the area’s social fabric.

Key Facts

• Total population in ZIP 80831: 33,287 residents in 2023.
• Total households: 10,640, supporting a strong local consumer base.
• Total housing units: 11,148, indicating potential availability for new residents.
• Median household income: $128,900, reflecting economic strength.
• Median home value: $495,800, a sign of a valuable real estate market.
• Median rent: $2,388, suggesting high demand for rental properties.
• Racial composition: 72.9% White, 12.32% Hispanic, 4.17% Black, 1.7% Asian.

What This Means for You

For homebuyers, ZIP 80831 offers a financially stable community with a median income of $128,900 and home values averaging $495,800. This suggests a solid investment in a neighborhood likely to retain or grow in value, though the higher price point may require careful budgeting. Real estate investors and agents will find opportunity in the slight gap between total households and housing units, hinting at potential for flipping homes or developing rentals, especially with median rents at $2,388. Small-business owners can leverage the affluent population and sizable community of over 33,000 to target products or services for middle- to upper-income households, particularly in family-oriented or premium markets. Analysts can use this data to track growth trends or assess market saturation in this ZIP code, especially given its demographic diversity and economic indicators. Across all groups, ZIP 80831 stands out as a promising area for personal or professional growth.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 80831? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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