ZIP 84015 - 860Z200US84015 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 84015, located in Utah, this demographic and housing snapshot offers a clear picture of the area in 2023. With a robust population, strong median income, and a diverse community, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the data to help you understand what makes ZIP 84015 stand out and how it can align with your goals.

Population & Households

ZIP 84015 is home to a sizable population of 70,730 residents, making it a vibrant and active community. This population is distributed across 22,317 households, indicating a strong residential base. The total number of housing units stands at 23,058, suggesting a slight surplus of available homes relative to occupied households. This balance could mean opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing potential rental properties.

Income & Housing Costs

Financial stability is a key consideration for anyone moving to or investing in a new area, and ZIP 84015 offers a promising outlook. The median household income here is $92,634, reflecting a solid economic foundation for many families and individuals. When it comes to housing, the median home value is $377,200, which aligns with a market that supports long-term value for homeowners and investors. For renters, the median rent is $1,385 per month, indicating a competitive rental market that could appeal to those not yet ready to buy or to landlords seeking steady returns.

Race & Ethnicity

Understanding the cultural makeup of a community is essential for fitting in or tailoring business offerings. In ZIP 84015, the population is predominantly White at 74.99%, with a significant Hispanic or Latino presence at 15.59%. Other groups include Asian residents at 2.4% and Black residents at 1.28%. This diversity creates a multifaceted community, offering a blend of perspectives and opportunities for cultural engagement, whether you’re a resident, business owner, or investor looking to connect with varied demographics.

Key Facts

• Total population: 70,730 residents, indicating a large and active community.
• Total households: 22,317, showing a strong residential foundation.
• Total housing units: 23,058, suggesting some availability for new occupants.
• Median household income: $92,634, reflecting economic stability.
• Median home value: $377,200, a solid investment potential.
• Median rent: $1,385, competitive for renters and landlords.
• Racial diversity: 74.99% White, 15.59% Hispanic, 2.4% Asian, 1.28% Black.

What This Means for You

For homebuyers, ZIP 84015 offers a financially stable community with a median income of $92,634 and home values at $377,200, suggesting a market where properties hold value over time. The slight surplus of housing units (23,058 vs. 22,317 households) could mean less competition for available homes. For investors and real estate agents, the combination of a strong rental market ($1,385 median rent) and a growing population of 70,730 makes this area ripe for rental property investments or flipping opportunities. Small-business owners can benefit from the diverse demographic mix and sizable population, tailoring products or services to a broad audience, especially the significant Hispanic community (15.59%). Lastly, analysts will find this data useful for tracking trends in housing availability and economic health in a dynamic Utah ZIP code.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 84015? 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 costs, 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.