ZIP 83651 - 860Z200US83651 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 83651, located in the heart of Idaho's Treasure Valley, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of nearly 37,000 and a diverse community, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Using the latest data, we’ll break down population trends, income levels, housing costs, and cultural composition to help you make informed decisions.

Population & Households

ZIP 83651 is home to 36,997 residents as of 2023, making it a moderately sized community with a strong local presence. These individuals are spread across 13,679 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 14,031, indicating a slight surplus of available homes compared 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 83651 is $66,895, which points to a stable economic base for many residents. This income level supports a range of lifestyles and purchasing power, making the area attractive for businesses targeting middle-income consumers. On the housing front, the median home value is $312,500, offering a relatively accessible entry point for homebuyers compared to larger metropolitan areas. For renters, the median rent is $1,334 per month, reflecting a rental market that aligns with the area’s income demographics. These figures provide a solid foundation for understanding affordability and investment potential in this ZIP code.

Race & Ethnicity

The cultural makeup of ZIP 83651 is predominantly White, with 70.18% of the population identifying as such. Hispanic or Latino residents make up a significant 24.22%, adding to the area’s diversity and cultural richness. Smaller proportions include Asian residents at 0.93% and Black residents at 0.32%. This diversity can influence community dynamics, local businesses, and market demands, offering unique opportunities for culturally tailored services or products.

Key Facts

• Total population: 36,997 residents in 2023.
• Total households: 13,679, indicating a mix of family and solo living.
• Total housing units: 14,031, with a small surplus of available homes.
• Median household income: $66,895, supporting a middle-income lifestyle.
• Median home value: $312,500, accessible for many prospective buyers.
• Median rent: $1,334, reflecting a balanced rental market.
• Racial composition: 70.18% White, 24.22% Hispanic, 0.93% Asian, 0.32% Black.

What This Means for You

For homebuyers, ZIP 83651 offers a promising market with a median home value of $312,500, which could be within reach for many middle-income families or individuals. The slight surplus of housing units (14,031 total vs. 13,679 households) suggests you might find options without intense competition, though acting quickly on desirable properties is still wise.

For real estate investors and agents, the combination of stable median income ($66,895) and reasonable home values indicates potential for steady appreciation or rental income. The rental market, with a median rent of $1,334, also shows demand that could support investment properties catering to the area’s growing population of 36,997.

For small-business owners, the diverse demographic profile—especially the significant Hispanic population (24.22%)—presents opportunities to cater to varied cultural needs. With a solid middle-income base, businesses offering affordable goods or services could thrive here, whether in retail, dining, or professional services.

For analysts, the data highlights a balanced community with moderate growth potential. The interplay of income, housing costs, and diversity in ZIP 83651 provides a rich dataset for deeper market studies or trend forecasting.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 83651? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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