ZIP 83501 - 860Z200US83501 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 83501, understanding the local demographics and housing landscape is essential. Located in a vibrant community, this area offers a mix of stability and opportunity for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest 2023 data, this snapshot provides a clear picture of population trends, income levels, housing costs, and cultural diversity in ZIP 83501. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 83501 is home to a population of 37,478 residents, making it a moderately sized community with a strong residential base. This population is distributed across 15,286 households, reflecting a solid foundation for local businesses and services. With 16,143 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate availability for new residents or investors looking to enter the market. These figures suggest a stable community with room for growth, ideal for those seeking a balanced lifestyle or business environment.

Income & Housing Costs

The median household income in ZIP 83501 stands at $71,909, pointing to a relatively comfortable economic standing for many residents. This income level supports a housing market where the median home value is $297,300—a figure that offers potential for both first-time buyers and seasoned investors. For renters, the median rent is $948 per month, which is reasonably aligned with local income levels, making this area accessible for a range of budgets. These metrics highlight ZIP 83501 as a place where affordability and value intersect, providing opportunities across different financial profiles.

Race & Ethnicity

The demographic makeup of ZIP 83501 shows a predominantly White population at 88.77%, with smaller representations of other groups: Black at 0.05%, Asian at 0.86%, and Hispanic at 4.54%. This composition reflects a community with limited diversity, which may influence cultural dynamics, business offerings, and community engagement. For businesses and investors, understanding this breakdown can help tailor services or marketing strategies to resonate with the majority demographic while exploring niches for underserved groups.

Key Facts

• Total population: 37,478 residents, offering a robust community base.
• Total households: 15,286, indicating a strong residential presence.
• Total housing units: 16,143, suggesting some availability for new occupants.
• Median household income: $71,909, reflecting economic stability.
• Median home value: $297,300, a competitive price point for buyers and investors.
• Median rent: $948, providing affordable options for renters.
• Racial composition: 88.77% White, 4.54% Hispanic, with minimal Black and Asian representation.

What This Means for You

For homebuyers, ZIP 83501 offers a promising market with median home values at $297,300 and a median income of $71,909, suggesting that purchasing a home here is within reach for many. The slight surplus of housing units could mean less competition when finding the right property. Investors and real estate agents will find value in the stable population and income levels, which support consistent demand for both rentals (at $948 median rent) and purchases. The limited diversity may narrow tenant or buyer pools, but it also allows for targeted investment strategies. Small-business owners can leverage the sizable population of 37,478 and household base of 15,286 to build a loyal customer base, particularly by aligning offerings with the predominant demographic. Finally, analysts can use these metrics to assess growth potential, housing trends, and economic health, providing a foundation for deeper market studies in ZIP 83501.

Run This Study Yourself

Want to explore ZIP 83501 or another area in greater detail? Follow these steps to uncover tailored insights:

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter any ZIP code to generate a comprehensive report with the latest data.
• Use the insights to make informed decisions for your home purchase, investment, or business strategy.