ZIP 83705 - 860Z200US83705 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 83705, located in Boise, Idaho, this demographic and housing snapshot offers a clear picture of the area based on 2023 data. With a population of over 27,000 and a diverse housing market, this ZIP code presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, investing, or operating in this community.

Population & Households

ZIP 83705 is home to a population of 27,542 residents as of 2023. This sizable community is spread across 12,406 households, indicating a mix of family and individual living arrangements. With 13,228 total housing units in the area, there’s a modest buffer of available properties, which could signal opportunities for buyers or renters looking to settle here. Understanding the population size and household distribution is crucial for gauging local demand for housing, services, and amenities.

Income & Housing Costs

The median household income in ZIP 83705 stands at $62,605, reflecting a moderate earning capacity for residents. This income level can help potential homebuyers assess affordability and guide businesses in targeting their customer base. On the housing front, the median house value is $378,800, which positions this area as a potentially accessible entry point into the Boise real estate market, depending on broader regional trends. For renters, the median rent is $1,166 per month, offering a more affordable alternative to homeownership for those not ready to buy. These figures provide a baseline for evaluating whether this ZIP code aligns with your financial goals or investment strategy.

Race & Ethnicity

The demographic makeup of ZIP 83705 shows a predominantly white population at 76.45%, with smaller but notable representation from other groups: Hispanic residents make up 12.96%, while Black and Asian populations account for 2.89% and 2.98%, respectively. This composition suggests a community with a degree of cultural diversity, which can influence local businesses, schools, and community services. For investors and business owners, understanding these demographics can help tailor offerings or marketing strategies to resonate with the area’s residents.

Key Facts

• Total population: 27,542 residents in 2023.
• Total households: 12,406, supporting a mix of family and solo living.
• Total housing units: 13,228, indicating some availability for new occupants.
• Median household income: $62,605, reflecting moderate earning potential.
• Median house value: $378,800, a potential entry point for buyers in Boise.
• Median rent: $1,166, offering a viable option for renters.
• Racial composition: 76.45% White, 12.96% Hispanic, 2.98% Asian, 2.89% Black.

What This Means for You

For homebuyers, ZIP 83705 offers a median house value of $378,800, which may be attractive compared to other parts of Boise, paired with a median rent of $1,166 for those exploring rental options. The slight surplus of housing units (13,228 vs. 12,406 households) suggests some availability, though competition could still exist depending on market dynamics.

For investors and real estate agents, the population size and income levels indicate a stable demand for housing, while the diversity in housing costs could appeal to a range of buyers or renters. The median income of $62,605 also provides insight into the purchasing power of potential tenants or buyers you might target.

For small-business owners, the demographic breakdown and population of 27,542 signal a sizable customer base with varied needs. The diversity in ethnicity (notably 12.96% Hispanic) could guide product offerings or marketing campaigns to better serve the community. Additionally, the income data suggests a customer base with moderate spending capacity, useful for pricing strategies.

For analysts, these metrics offer a foundation for deeper research into housing trends, economic stability, or community growth in ZIP 83705, especially when paired with historical data or regional comparisons.

Run This Study Yourself

• Want to dive deeper into ZIP 83705 or explore another area? Use ZipcodeGPT to access detailed demographic and housing insights tailored to your needs.
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