ZIP 83404 - 860Z200US83404 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 83404, located in the heart of Idaho Falls, Idaho, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 26,000 and a robust housing market, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, this article breaks down key metrics on population, income, housing costs, and diversity to help you make informed decisions.

Population & Households

ZIP 83404 is home to 26,103 residents, making it a moderately sized community with a strong local presence. These individuals are distributed across 9,108 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 9,606, indicating a slight surplus of available homes relative to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

The median household income in ZIP 83404 is $79,211, a figure that points to a relatively affluent community with solid earning power. This income level supports a housing market where the median home value is $355,200, reflecting a strong demand for property in the area. For renters, the median monthly rent is $1,013, which is notably lower than the cost of owning, making renting an attractive option for those not ready to buy. These figures suggest a stable economic environment, appealing to both residents and investors seeking predictable returns.

Race & Ethnicity

The demographic makeup of ZIP 83404 is predominantly White, with 83.52% of the population identifying as such. Hispanic or Latino residents make up 11.85%, while smaller percentages include Asian at 1.39% and Black at 0.19%. This composition reflects a community with a strong cultural majority but enough diversity to foster a varied social fabric. For businesses and investors, understanding this breakdown can help tailor services or marketing strategies to the predominant demographic while also addressing the needs of minority groups.

Key Facts

• Total population: 26,103 residents in 2023.
• Total households: 9,108, indicating a mix of family and solo living.
• Total housing units: 9,606, with a small surplus of available homes.
• Median household income: $79,211, suggesting strong local earning capacity.
• Median home value: $355,200, reflecting a competitive real estate market.
• Median rent: $1,013 per month, offering a more affordable alternative to buying.
• Racial composition: 83.52% White, 11.85% Hispanic, 1.39% Asian, 0.19% Black.

What This Means for You

For homebuyers, ZIP 83404 offers a stable housing market with a median home value of $355,200, backed by a median household income of $79,211. This suggests that many residents can afford to invest in property, and the slight surplus of housing units (9,606 total vs. 9,108 occupied) may provide negotiating room. If you’re not ready to buy, renting at a median of $1,013 per month is a cost-effective way to join the community.

For investors and real estate agents, the data points to a healthy market with potential for growth. The income levels support sustained demand for housing, and the small gap between total and occupied units could mean opportunities for flipping or renting properties. Focus on properties near local amenities to attract buyers or tenants.

For small-business owners, the population of 26,103 and the predominantly White demographic with a notable Hispanic presence offer a clear target audience. Tailor your products or services to family-oriented needs, given the household count, and consider bilingual marketing to engage the 11.85% Hispanic population. The solid median income also suggests disposable income for local spending.

For analysts, these metrics provide a baseline for tracking trends in Idaho Falls. Compare ZIP 83404’s income and housing costs to neighboring areas to identify growth patterns or investment risks.

Run This Study Yourself

• Curious about other ZIP codes or deeper insights into ZIP 83404? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing stats tailored to your needs.
• Use the detailed breakdowns to inform your next move, investment, or business strategy with confidence.