ZIP 83709 - 860Z200US83709 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 83709, located in Boise, Idaho, this demographic and housing snapshot offers a clear picture of the area in 2023. With a sizable population, strong median income, and a competitive housing market, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the latest data to help you make informed decisions about living, investing, or operating in 83709.

Population & Households

ZIP 83709 is home to 58,631 residents, making it a vibrant and populous area within the Boise region. This population is spread across 21,567 households, reflecting a community with a mix of families, singles, and retirees. The total number of housing units stands at 22,262, indicating a slight surplus of available homes compared to occupied households. This could suggest opportunities for buyers or renters looking to settle in the area, as well as potential inventory for investors to consider.

Income & Housing Costs

The median household income in ZIP 83709 is $88,893, a figure that points to a relatively affluent community with solid earning potential. This income level supports a robust housing market, where the median house value is $440,700. For homebuyers, this price point reflects a competitive market, likely driven by demand in the Boise area. Meanwhile, the median rent of $1,743 per month indicates a strong rental market, which could appeal to investors seeking steady cash flow or small-business owners looking for affordable commercial lease options. Balancing these costs with income levels suggests that 83709 offers a stable economic environment for residents and businesses alike.

Race & Ethnicity

The demographic makeup of ZIP 83709 is predominantly White, with 81.6% of the population identifying as such. Hispanic or Latino residents make up 8.41%, while Asian residents account for 3.07%, and Black residents represent 1.99%. This composition reflects a community with a majority White population but with notable diversity that could influence cultural amenities, local businesses, and community dynamics. For business owners, understanding this mix can help tailor offerings to meet the needs of different groups, while investors and buyers may appreciate the area’s evolving cultural landscape.

Key Facts

• Total population: 58,631 residents in 2023, indicating a sizable community.
• Total households: 21,567, supporting a mix of family and individual living arrangements.
• Total housing units: 22,262, suggesting some availability for new residents or investors.
• Median household income: $88,893, reflecting strong earning potential.
• Median house value: $440,700, pointing to a competitive real estate market.
• Median rent: $1,743, indicating a robust rental market for tenants and landlords.
• Racial composition: 81.6% White, 8.41% Hispanic, 3.07% Asian, 1.99% Black, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 83709 offers a stable yet competitive housing market. With a median home value of $440,700, you’ll need to budget accordingly, but the area’s median income of $88,893 suggests a community with financial stability, potentially reducing the risk of neighborhood decline. The slight surplus of housing units (22,262 vs. 21,567 households) may give you some negotiating room if inventory remains available.

For investors and real estate agents, the strong median rent of $1,743 signals a promising rental market, ideal for buy-and-hold strategies or short-term leasing. The population size and income levels also support demand for housing, making 83709 a potential hotspot for long-term appreciation or steady rental income.

For small-business owners, the demographic diversity and solid household income provide a customer base with disposable income. Whether you’re opening a retail shop, restaurant, or service-based business, tailoring your offerings to the majority White population while addressing the needs of Hispanic, Asian, and Black residents can help you build a loyal clientele.

For analysts, the data highlights a balanced community with growth potential. The interplay of income, housing costs, and population diversity offers fertile ground for deeper market studies or trend forecasting in the Boise area.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 83709? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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