ZIP 81005 - 860Z200US81005 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 81005 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 mix of suburban charm and economic opportunity. With a population of over 31,000 and a diverse community, ZIP 81005 presents unique advantages for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living or working in this region.

Population & Households

ZIP 81005 is home to a population of 31,104 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 12,990 households, reflecting a stable and established area. The total number of housing units stands at 13,578, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to move into the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

The median household income in ZIP 81005 is $67,500, which points to a solid economic foundation for many residents. This income level supports a comfortable lifestyle in the context of local housing costs. The median home value is $282,100, positioning the area as a reasonably priced market for Colorado, where home prices can vary widely. For renters, the median rent is $990 per month, offering an affordable alternative to homeownership. These figures provide a clear picture of affordability and potential return on investment for those considering property in this ZIP code.

Race & Ethnicity

The demographic makeup of ZIP 81005 reflects a diverse community with a rich cultural tapestry. White residents account for 51.21% of the population, while Hispanic or Latino individuals make up a significant 43.85%. Black residents represent 1.5% of the population, and Asian residents comprise 0.35%. This diversity can be a draw for businesses seeking a broad customer base or for families looking for an inclusive environment to call home. Understanding this composition helps stakeholders anticipate community needs and preferences.

Key Facts

• Total population: 31,104 residents, offering a sizable community for engagement.
• Total households: 12,990, indicating a strong residential presence.
• Total housing units: 13,578, with some availability for new occupants.
• Median household income: $67,500, supporting a stable local economy.
• Median home value: $282,100, reflecting a competitive housing market.
• Median rent: $990, providing affordable rental options.
• Diverse population: 51.21% White, 43.85% Hispanic, 1.5% Black, 0.35% Asian.

What This Means for You

For homebuyers, ZIP 81005 offers a balanced market with median home values at $282,100 and reasonable rental costs at $990 per month. The slight surplus of housing units (13,578 total versus 12,990 households) suggests you may have room to negotiate or find a property that fits your needs without intense competition. The median income of $67,500 indicates a community with financial stability, which can translate to well-maintained neighborhoods.

For investors and real estate agents, the data highlights potential in both buying and renting markets. With a diverse population and a median home value that’s accessible for the region, there’s opportunity to cater to a wide range of buyers or tenants. The income levels suggest tenants can afford rents around the median, making rental properties a viable investment.

For small-business owners, the population of 31,104 and diverse demographic profile mean a varied customer base. Whether you’re opening a retail store, restaurant, or service-based business, the cultural mix and income stability can support tailored offerings that resonate with local needs.

For analysts, these metrics provide a foundation for deeper research into market trends, housing demand, and economic growth potential in ZIP 81005. The diversity and income data can inform studies on consumer behavior or community development.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 81005? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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