ZIP 84037 - 860Z200US84037 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 84037, located in Kaysville, Utah, this demographic and housing snapshot offers a clear picture of the area in 2023. With a robust population, strong income levels, 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 or working in this community.

Population & Households

ZIP 84037 is home to a sizable population of 39,316 residents as of 2023. This figure reflects a vibrant community with a significant number of families and individuals contributing to the local economy and culture. The area comprises 11,193 households, indicating a strong residential base. With 11,370 total housing units, the supply of homes is closely aligned with demand, suggesting a stable but potentially competitive market for those looking to buy or rent in this region.

Income & Housing Costs

One of the standout metrics for ZIP 84037 is its median household income of $130,258. This figure points to a relatively affluent community, where residents have considerable purchasing power—a key consideration for businesses targeting higher-income demographics. On the housing front, the median home value stands at $603,500, reflecting a premium market that may appeal to investors seeking long-term appreciation or buyers looking for quality properties. For renters, the median rent is $1,482 per month, which aligns with the area’s higher cost of living but offers opportunities for landlords to cater to a stable tenant base.

Race & Ethnicity

The demographic composition of ZIP 84037 provides insight into the cultural makeup of the area. The population is predominantly White, accounting for 89.21% of residents. Hispanic or Latino individuals make up 5.04%, while Asian residents represent 1.19%, and Black residents comprise 0.46%. This relatively homogenous community may influence the types of cultural amenities, businesses, and social dynamics present in the area, which could be a factor for those prioritizing diversity or specific community vibes in their relocation or business planning.

Key Facts

• Total population: 39,316 residents, indicating a sizable and active community.
• Total households: 11,193, reflecting a strong residential foundation.
• Total housing units: 11,370, showing a balanced housing supply.
• Median household income: $130,258, highlighting significant local purchasing power.
• Median home value: $603,500, pointing to a high-value real estate market.
• Median rent: $1,482, suggesting a competitive rental landscape.
• Racial composition: 89.21% White, 5.04% Hispanic, 1.19% Asian, 0.46% Black.

What This Means for You

For homebuyers, ZIP 84037 offers a premium housing market with a median home value of $603,500. This suggests that while entry costs are high, you’re investing in a community with strong economic stability and potential for property value growth. Be prepared for competition, as housing units are closely matched to household numbers. For real estate investors and agents, the high median income and home values indicate a market ripe for luxury or family-oriented properties, though you’ll need to account for the significant upfront investment. Rental properties could also yield solid returns given the $1,482 median rent, appealing to a financially secure tenant pool.

For small-business owners, the affluent demographic with a median household income of $130,258 presents an opportunity to cater to consumers with disposable income. Consider businesses that align with family needs or upscale services to match the community’s profile. Finally, for analysts, the data underscores a stable, high-income area with limited housing turnover, which could signal long-term growth but also potential barriers to entry for new residents or businesses due to cost.

Run This Study Yourself

• Want to dive deeper into ZIP 84037 or compare it with other areas? Start by visiting ZipcodeGPT for a user-friendly platform to analyze demographics 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 data-driven decisions for your next home purchase, investment, or business venture with confidence.