ZIP 83616 - 860Z200US83616 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 83616, located in the vibrant Eagle, Idaho area, this demographic and housing snapshot offers a clear picture of the community. Based on the latest 2023 data, this analysis covers population trends, household dynamics, income levels, housing costs, and racial composition. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, these insights can help you make informed decisions about living or working in this area.

Population & Households

ZIP 83616 is home to a population of 34,736 residents, making it a moderately sized community with a suburban feel. This area supports 13,178 households, reflecting a strong base of families and individuals. With 13,756 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. Understanding these numbers helps gauge the scale of the community and the potential demand for housing or services.

Income & Housing Costs

One of the standout metrics for ZIP 83616 is its median household income of $118,013, which suggests a relatively affluent population with significant purchasing power. This income level positions the area as attractive for businesses targeting higher-income consumers. On the housing front, the median home value stands at $720,300, reflecting a premium real estate market that could appeal to buyers seeking long-term value or investors eyeing appreciation. For renters, the median rent is $1,752 per month, indicating a competitive rental market that aligns with the area’s elevated property values. These figures highlight both opportunities and challenges for affordability, depending on your financial goals.

Race & Ethnicity

The demographic makeup of ZIP 83616 shows a predominantly White population at 85.67%, with smaller percentages of other racial and ethnic groups: Hispanic at 8.94%, Asian at 1.78%, and Black at 0.3%. This composition reflects a community with limited diversity compared to national averages, which may influence cultural dynamics, business offerings, or community initiatives. For businesses or investors, understanding this breakdown can help tailor services or marketing strategies to the local population’s needs and preferences.

Key Facts

• Total population: 34,736 residents in 2023, indicating a mid-sized suburban community.
• Total households: 13,178, supporting a stable residential base.
• Total housing units: 13,756, suggesting potential availability for new occupants.
• Median household income: $118,013, reflecting strong economic capacity.
• Median home value: $720,300, positioning this as a high-value real estate market.
• Median rent: $1,752, indicating a competitive rental landscape.
• Racial composition: 85.67% White, 8.94% Hispanic, 1.78% Asian, 0.3% Black.

What This Means for You

For homebuyers, ZIP 83616 offers a prosperous community with high home values, suggesting a stable investment but requiring substantial financial readiness due to the $720,300 median price. The slight surplus of housing units may provide some negotiation leverage, though competition could still be stiff given the area’s appeal. Real estate investors and agents will find a lucrative market here, with strong income levels supporting premium pricing and potential for appreciation; however, the high entry cost may limit short-term rental yields unless targeting upscale tenants. Small-business owners can capitalize on the affluent demographic, with a median household income of $118,013 signaling room for premium products or services, though understanding the predominantly White and less diverse population can help refine your offerings. Analysts can use these metrics as a benchmark to compare with neighboring ZIP codes or track trends over time, especially in housing supply and income growth.

Run This Study Yourself

• Curious about diving deeper into ZIP 83616 or comparing it with another area? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
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