ZIP 81504 - 860Z200US81504 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 81504 for your next home, investment, or business venture, understanding the area’s demographics and housing landscape is essential. Located in Colorado, this ZIP code offers a mix of suburban appeal and economic opportunity. With a population of over 31,000 and a median household income of $67,907, it’s a community worth exploring for homebuyers, real estate investors, small-business owners, and data analysts. This snapshot, based on 2023 data, breaks down the key metrics to help you make informed decisions about living, investing, or operating in 81504.

Population & Households

ZIP 81504 is home to 31,949 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 12,611 households, reflecting a diverse mix of family structures and living arrangements. The total number of housing units stands at 13,042, indicating a slight surplus of available homes compared to occupied households. This could signal opportunities for buyers or renters looking to move into the area, as well as for investors eyeing potential rental properties.

Income & Housing Costs

The median household income in ZIP 81504 is $67,907, which suggests a stable economic foundation for many residents. This income level supports a housing market where the median home value is $290,300—a price point that may appeal to first-time buyers or those seeking affordability in Colorado’s competitive real estate landscape. For renters, the median monthly rent is $1,414, which aligns with the area’s income levels but could be a consideration for those budgeting for housing costs. These figures provide a clear picture of affordability and potential return on investment for property owners.

Race & Ethnicity

The demographic makeup of ZIP 81504 reflects a predominantly White population at 72.89%, with a significant Hispanic or Latino presence at 21.25%. Other racial groups include Black or African American at 0.27% and Asian at 0.66%. This composition points to a community with a notable cultural diversity, particularly influenced by Hispanic heritage. For businesses and investors, understanding this mix can help tailor services, marketing strategies, or community engagement efforts to resonate with local residents.

Key Facts

• Total population: 31,949 residents in ZIP 81504 as of 2023.
• Total households: 12,611, indicating a strong residential community.
• Total housing units: 13,042, with a small surplus of available homes.
• Median household income: $67,907, reflecting economic stability.
• Median home value: $290,300, an accessible entry point for buyers.
• Median rent: $1,414 per month, a key figure for renters and landlords.
• Racial composition: 72.89% White, 21.25% Hispanic, with smaller percentages of other groups.

What This Means for You

For homebuyers, ZIP 81504 offers a promising opportunity with a median home value of $290,300, which is relatively affordable compared to other Colorado markets. The slight surplus of housing units (13,042 total versus 12,611 households) suggests you might have some negotiating power or selection in this area. Real estate investors and agents can leverage the rental market, where a median rent of $1,414 indicates demand and potential for steady returns, especially given the area’s population size and income stability. Small-business owners should note the diverse demographic profile, particularly the significant Hispanic population (21.25%), which could influence product offerings, hiring, or marketing to better serve the community. Finally, analysts can use these metrics as a baseline for deeper studies into housing trends or economic growth in 81504, helping to predict future shifts in demand or value.

Run This Study Yourself

• Want to dive deeper into ZIP 81504 or compare it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to access detailed demographic and housing data.
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