ZIP 84041 - 860Z200US84041 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 84041 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in Utah, this area offers a blend of suburban appeal and economic opportunity. With a population of over 54,000 and a robust housing market, ZIP 84041 presents unique advantages for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, investing, or operating in this community.

Population & Households

ZIP 84041 is home to a sizable population of 54,750 residents, making it a vibrant and active community. These individuals are distributed across 18,455 households, reflecting a strong residential base. With 19,171 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate opportunities for buyers or investors looking for available properties. This balance suggests a stable yet growing community, ideal for families and businesses seeking a solid customer base or neighborhood to call home.

Income & Housing Costs

The financial profile of ZIP 84041 is particularly noteworthy. The median household income stands at $87,608, indicating a relatively affluent area with strong earning potential. This income level supports a healthy local economy, which can be a draw for small businesses and investors. On the housing front, the median home value is $395,800, reflecting a competitive yet accessible market for buyers in Utah’s real estate landscape. For renters, the median rent is $1,404 per month, which aligns with the area’s income levels and suggests a balanced rental market. These figures highlight ZIP 84041 as a place where both homeownership and renting are viable options depending on your goals.

Race & Ethnicity

The demographic makeup of ZIP 84041 offers insight into its cultural diversity. The population is predominantly White at 75.2%, with a significant Hispanic or Latino presence at 16.81%. Other groups include Black residents at 1.31% and Asian residents at 1.86%. This diversity contributes to a rich community fabric, which can be a key consideration for businesses aiming to cater to varied customer needs or for families seeking an inclusive environment. Understanding this composition helps stakeholders anticipate cultural preferences and tailor their strategies accordingly.

Key Facts

• Total population: 54,750 residents, indicating a substantial community size.
• Total households: 18,455, showing a strong residential foundation.
• Total housing units: 19,171, suggesting potential availability for new occupants.
• Median household income: $87,608, reflecting economic stability.
• Median home value: $395,800, positioning the area as a competitive housing market.
• Median rent: $1,404, offering a reasonable option for non-homeowners.
• Racial diversity: 75.2% White, 16.81% Hispanic, with smaller Black and Asian populations.

What This Means for You

For homebuyers, ZIP 84041 offers a promising market with a median home value of $395,800, which, paired with a median income of $87,608, suggests affordability for many families. The slight surplus of housing units could mean less competition for available properties, giving you an edge in negotiations. Investors and real estate agents will find value in the area’s stable population and income levels, which support long-term property appreciation and rental demand, especially with a median rent of $1,404. Small-business owners can leverage the diverse population of over 54,000 and the area’s economic strength to build a loyal customer base, particularly in sectors like retail or services that cater to varied demographics. Analysts can use these metrics to benchmark ZIP 84041 against other regions, identifying trends in housing and income that inform broader market strategies. Whether you’re settling down, investing, or launching a venture, this data equips you to act with confidence.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 84041? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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