ZIP 83706 - 860Z200US83706 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 83706, located in Boise, Idaho, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 36,000 and a robust housing market, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, agents, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, investing, or operating in 83706.

Population & Households

ZIP 83706 is home to 36,183 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 14,841 households, reflecting a mix of family units, singles, and shared living arrangements. With 15,992 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters seeking options in this market.

Income & Housing Costs

The median household income in ZIP 83706 stands at $81,101, suggesting a relatively strong economic base for many residents. This income level supports a housing market where the median home value is $488,900—a significant investment that reflects the area’s desirability and potential for appreciation. For renters, the median rent is $1,378 per month, which aligns with the income levels but may pose affordability challenges for some. These figures highlight a market where both owning and renting come with notable costs, but also potential long-term value for investors and homeowners.

Race & Ethnicity

The demographic makeup of ZIP 83706 is predominantly White, with 80.65% of the population identifying as such. Hispanic or Latino residents make up 9.13%, while Asian residents account for 4.49%. Black or African American residents represent a smaller portion at 0.64%. This composition indicates a community with a strong majority demographic, yet with meaningful diversity that can enrich the cultural fabric and influence local business and community dynamics.

Key Facts

• Total population: 36,183 residents in 2023.
• Total households: 14,841, indicating a mix of living arrangements.
• Total housing units: 15,992, suggesting some availability for new occupants.
• Median household income: $81,101, reflecting a solid economic foundation.
• Median home value: $488,900, pointing to a high-value real estate market.
• Median rent: $1,378, a notable cost for renters in the area.
• Racial composition: 80.65% White, 9.13% Hispanic, 4.49% Asian, 0.64% Black.

What This Means for You

For homebuyers, ZIP 83706 offers a stable, desirable market with median home values near $489,000. The slight surplus of housing units (15,992 total vs. 14,841 households) could mean less competition for available properties, but the price point requires financial readiness. With a median income of $81,101, many residents can sustain these costs, suggesting a community with economic stability—ideal for settling down.

For investors and agents, the high median home value and reasonable rental rates ($1,378 median rent) indicate potential for strong returns, whether through property appreciation or rental income. The population size and household count also suggest consistent demand for housing, making 83706 a market worth exploring for long-term investments or listings.

For small-business owners, the demographic profile and income levels point to a customer base with disposable income. A predominantly White population with growing diversity (9.13% Hispanic, 4.49% Asian) means you can tailor offerings to a broad yet specific audience. The population of over 36,000 ensures a sizable local market for goods and services, especially in residential-heavy areas.

For analysts, these metrics provide a foundation for deeper research into housing trends, economic disparities, or community needs in 83706. The balance of income to housing costs and the slight housing surplus are data points that could inform broader regional studies or targeted reports.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 83706? Start by visiting ZipcodeGPT for a user-friendly way to access detailed demographic and housing data.
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• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture in any area.