ZIP 80917 - 860Z200US80917 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80917, located in Colorado Springs, Colorado, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 30,000 and a diverse community, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 80917 is home to a population of 30,988 residents as of 2023. This sizable community is spread across 13,493 households, indicating a mix of family and individual living arrangements. With 13,656 total housing units in the area, there’s a small buffer of available properties, which could signal moderate competition for housing. Whether you’re a homebuyer looking for a place to settle or an investor assessing demand, understanding the balance of population and housing units is critical to gauging market dynamics in this area.

Income & Housing Costs

The median household income in ZIP 80917 stands at $72,805, reflecting a solid economic base for many residents. This income level suggests that the area supports a middle-class lifestyle, which could be appealing for businesses targeting this demographic. On the housing front, the median house value is $353,100, positioning ZIP 80917 as a moderately priced market within the Colorado Springs region. For renters, the median rent is $1,435 per month, which aligns with the income levels but may pose affordability challenges for some. These figures provide a benchmark for homebuyers assessing value and investors calculating potential returns.

Race & Ethnicity

The demographic makeup of ZIP 80917 offers insight into the community’s diversity. The racial composition includes 70.6% White, 4.59% Black, 2.15% Asian, and 17.42% Hispanic residents. This blend indicates a predominantly White area with significant Hispanic representation, fostering a culturally varied environment. For small-business owners, this diversity can inform marketing strategies or product offerings, while homebuyers might appreciate the mix of perspectives and community vibes that come with such a population.

Key Facts

• Total population: 30,988 residents in 2023.
• Total households: 13,493, supporting a range of family and individual setups.
• Total housing units: 13,656, with slight availability over household count.
• Median household income: $72,805, indicative of a stable middle-class base.
• Median house value: $353,100, reflecting a moderate real estate market.
• Median rent: $1,435 per month, a key consideration for renters and landlords.
• Racial diversity: 70.6% White, 17.42% Hispanic, with smaller Black and Asian populations.

What This Means for You

For homebuyers, ZIP 80917 offers a balanced market with a median home value of $353,100, which could be within reach for those earning near the area’s median income of $72,805. The slight surplus of housing units over households suggests you might have some negotiating power, though competition could still arise in desirable neighborhoods. Investors and real estate agents will find potential in the rental market, with a median rent of $1,435 indicating steady demand—ideal for buy-to-rent strategies. The population size and income levels also support long-term value growth. For small-business owners, the diverse demographic profile and solid income base mean a customer pool with varied needs and purchasing power—perfect for tailored services or products. Analysts can use these metrics to benchmark ZIP 80917 against neighboring areas, identifying trends in housing affordability or demographic shifts.

Run This Study Yourself

• Curious about diving deeper into ZIP 80917 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make data-driven decisions, whether you’re buying a home, investing, or planning a business venture.