ZIP 83843 - 860Z200US83843 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 83843, understanding the local demographics and housing landscape is essential. Located in a vibrant area with a population of over 25,000, this ZIP code offers a mix of residential stability and economic potential. This snapshot, based on 2023 data, breaks down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers for ZIP 83843 and uncover what they mean for you.

Population & Households

ZIP 83843 is home to a population of 25,372 residents, making it a moderately sized community with a diverse range of needs and opportunities. These residents are distributed across 11,317 households, reflecting a strong residential base. With 12,089 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new buyers or renters. This balance between population and housing suggests a stable community, ideal for those looking to settle or invest in a place with established roots.

Income & Housing Costs

The median household income in ZIP 83843 stands at $59,907, positioning it as a middle-income area with reasonable earning potential for families and individuals. When it comes to housing, the median home value is $354,100, reflecting a significant investment opportunity for buyers or real estate professionals. For renters, the median rent is $903 per month, which is relatively affordable compared to the home values, making this ZIP code an attractive option for those not yet ready to buy. These figures highlight a market where both owning and renting are viable, depending on your financial goals.

Race & Ethnicity

The demographic makeup of ZIP 83843 shows a predominantly White population at 84.39%, with smaller but notable representation from other groups. Black residents account for 1.3% of the population, while Asian residents make up 2.59%. Hispanic or Latino individuals represent 4.84% of the community. This composition indicates a primarily homogeneous area with some diversity, which could influence cultural amenities, community events, and business opportunities tailored to specific groups. Understanding this breakdown helps in assessing the social fabric of the area for personal or professional purposes.

Key Facts

• Total population: 25,372 residents in ZIP 83843.
• Total households: 11,317, supporting a strong residential community.
• Total housing units: 12,089, suggesting potential availability for new occupants.
• Median household income: $59,907, indicative of a middle-income area.
• Median home value: $354,100, a significant figure for real estate investment.
• Median rent: $903, offering affordable rental options.
• Racial composition: 84.39% White, 1.3% Black, 2.59% Asian, 4.84% Hispanic.

What This Means for You

For homebuyers, ZIP 83843 offers a stable market with a median home value of $354,100, which could be a worthwhile long-term investment given the area’s population size and household density. The slight surplus of housing units (12,089 total units versus 11,317 households) might mean less competition for available properties, potentially giving buyers an edge. Renters can benefit from the reasonable median rent of $903, which aligns well with the median household income of $59,907, ensuring affordability for many.

Real estate investors and agents will find opportunity in the balanced housing market of ZIP 83843. The data suggests room for growth, especially with a population of over 25,000 supporting demand for both rentals and purchases. Small-business owners can leverage the middle-income demographic and diverse, yet predominantly White, population to tailor products or services—think family-oriented businesses or niche cultural offerings for smaller ethnic groups. Analysts can use these metrics to benchmark ZIP 83843 against neighboring areas, identifying trends in income, housing costs, or demographic shifts.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 83843? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture.