ZIP 84054 - 860Z200US84054 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 84054, located in North Salt Lake, Utah, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 22,000 and a robust median household income, this ZIP code presents a dynamic community with strong economic indicators. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, understanding these metrics can help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 84054 is home to 22,201 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 7,442 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 7,658, 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 for investors eyeing vacant properties.

Income & Housing Costs

One of the standout features of ZIP 84054 is its strong economic profile, with a median household income of $107,889. This figure points to a relatively affluent community, which can support local businesses and attract professionals seeking a comfortable lifestyle. Housing costs align with this income level, as the median house value is $472,300—a significant investment that reflects the area’s desirability. For renters, the median rent is $1,648 per month, which, while on the higher side, offers access to a well-resourced community. These numbers suggest that both owning and renting in this area require a solid financial foundation, but the return could be a high quality of life.

Race & Ethnicity

The demographic makeup of ZIP 84054 is predominantly White, with 70.79% of the population identifying as such. Hispanic or Latino residents make up 18.45%, adding a notable cultural diversity to the community. Asian residents account for 4.38%, while Black residents represent a smaller share at 0.17%. This composition indicates a primarily White area with a significant Hispanic presence, which could influence local culture, businesses, and community events. For business owners or investors, understanding this diversity can help tailor offerings or marketing strategies to resonate with the population.

Key Facts

• Total population in ZIP 84054: 22,201 residents.
• Total households: 7,442, indicating a mix of family and solo living.
• Total housing units: 7,658, with some availability for new occupants.
• Median household income: $107,889, reflecting strong earning potential.
• Median house value: $472,300, a substantial investment in a desirable area.
• Median rent: $1,648, catering to a higher-income rental market.
• Racial composition: 70.79% White, 18.45% Hispanic, 4.38% Asian, 0.17% Black.

What This Means for You

For homebuyers, ZIP 84054 offers a stable, affluent community with homes valued at a median of $472,300. The slight surplus of housing units (7,658 total vs. 7,442 households) might mean less competition for available properties, but the price point requires careful financial planning. Real estate investors and agents can see potential in this area’s strong median income of $107,889, which supports higher property values and rental rates of $1,648 per month—ideal for targeting upscale tenants or buyers. Small-business owners should note the diverse demographic, especially the significant Hispanic population (18.45%), which could guide product offerings or culturally relevant marketing. Additionally, the high income levels suggest disposable income for local spending. Analysts can use these metrics to benchmark ZIP 84054 against nearby areas, focusing on economic strength and housing trends to predict future growth or shifts.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 84054? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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