ZIP 80919 - 860Z200US80919 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 80919, located in the Colorado Springs area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 27,000 and a robust housing market, this area presents unique opportunities for homebuyers, real estate investors, 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.

Population & Households

ZIP 80919 is home to 27,539 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 11,564 households, reflecting a mix of family units, singles, and retirees. The total number of housing units stands at 12,033, indicating a slight surplus of available properties compared to occupied households. This balance suggests a stable housing market with room for growth or turnover, which could be appealing to prospective buyers or investors looking for opportunities in this area.

Income & Housing Costs

One of the standout metrics for ZIP 80919 is its median household income, which sits at an impressive $116,316. This figure points to a relatively affluent community, likely attracting professionals and families with higher earning potential. When it comes to housing, the median home value is $570,200, reflecting a premium market where properties hold significant value. For renters, the median monthly rent is $1,800, which aligns with the area’s higher cost of living but also suggests a strong rental demand. These numbers indicate that ZIP 80919 is a desirable location, though affordability may be a consideration for some buyers or tenants.

Race & Ethnicity

The demographic makeup of ZIP 80919 offers insight into the community’s diversity. The population is predominantly White, accounting for 74.89% of residents. Hispanic or Latino individuals make up 13.4%, while Black and Asian populations are smaller, at 2.44% and 2.21%, respectively. This composition reflects a primarily White area with a notable Hispanic presence, which could influence cultural dynamics, local businesses, and community events. For business owners or investors, understanding this mix can help tailor services or marketing strategies to the local population.

Key Facts

• Total population in ZIP 80919: 27,539 residents.
• Total households: 11,564, with 12,033 total housing units available.
• Median household income: $116,316, indicating a high-earning community.
• Median home value: $570,200, reflecting a premium real estate market.
• Median monthly rent: $1,800, suggesting strong rental demand.
• Racial composition: 74.89% White, 13.4% Hispanic, 2.44% Black, 2.21% Asian.

What This Means for You

For homebuyers, ZIP 80919 offers a stable, affluent community with high property values. The median home price of $570,200 means you’ll need a solid budget, but the investment could pay off given the area’s desirability and potential for appreciation. If you’re renting, expect to pay around $1,800 monthly, which may suit professionals or families comfortable with higher costs for a quality location.

For investors and real estate agents, the slight surplus of housing units (12,033 vs. 11,564 households) hints at opportunities for flipping properties or catering to incoming residents. The high median income of $116,316 suggests tenants or buyers in this area have purchasing power, making it a promising spot for rental properties or luxury listings.

For small-business owners, the demographic profile and income levels indicate a customer base with disposable income. Whether you’re opening a retail store, restaurant, or service-based business, tailoring offerings to a predominantly White and Hispanic clientele while considering the area’s higher cost of living could drive success.

For analysts, these metrics provide a foundation for deeper studies into market trends, housing demand, or economic growth in ZIP 80919. The data suggests stability and affluence, but further research into employment sectors or migration patterns could uncover additional insights.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 80919? 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 inform your next move, investment, or business strategy with confidence.