ZIP 84057 - 860Z200US84057 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 84057, located in Utah County, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 37,000 and a diverse community, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down population trends, household dynamics, income levels, housing costs, and ethnic composition to help you make informed decisions about living or working in 84057.

Population & Households

ZIP 84057 is home to 37,620 residents, making it a moderately sized community with a vibrant local presence. This population is distributed across 11,779 households, reflecting a strong residential base. The total number of housing units stands at 12,246, indicating a slight surplus of available homes relative to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

The median household income in ZIP 84057 is $80,184, which points to a relatively stable economic environment for families and individuals. This income level supports a comfortable lifestyle in many parts of Utah County, though housing costs are a key factor to consider. The median house value is $398,400, reflecting a robust real estate market that may appeal to investors seeking appreciation potential. For renters, the median rent is $1,408 per month, which aligns with the area’s income levels but could pose affordability challenges for some. These figures provide a benchmark for assessing whether 84057 fits your financial goals as a buyer, renter, or business owner.

Race & Ethnicity

The demographic makeup of ZIP 84057 offers insight into the community’s cultural diversity. The population is predominantly White at 65.76%, with a significant Hispanic or Latino presence at 25.13%. Other groups include Asian residents at 1.6% and Black residents at 0.55%. This diversity shapes the social fabric of the area, influencing local businesses, schools, and community events. For small-business owners, understanding this mix can help tailor products or services to meet the needs of a varied customer base, while homebuyers may appreciate the cultural richness of the neighborhood.

Key Facts

• Total population in ZIP 84057: 37,620 residents.
• Total households: 11,779, supporting a strong community base.
• Total housing units: 12,246, with some availability for new occupants.
• Median household income: $80,184, indicating economic stability.
• Median house value: $398,400, reflecting a competitive housing market.
• Median rent: $1,408 per month, a key consideration for renters.
• Racial composition: 65.76% White, 25.13% Hispanic, 1.6% Asian, 0.55% Black.

What This Means for You

For homebuyers, ZIP 84057 offers a promising market with a median home value of $398,400, suggesting potential for long-term value growth. The slight surplus of housing units (12,246 total vs. 11,779 households) could mean less competition for available properties. However, with a median rent of $1,408, renting might be less attractive unless income aligns with these costs.

For investors and real estate agents, the data highlights a stable market with a sizable population base of 37,620. The median household income of $80,184 indicates that residents have purchasing power, which could support rental demand or property flips. The diversity in the area also suggests a broad tenant pool.

For small-business owners, the demographic diversity (25.13% Hispanic, 65.76% White) and population size offer a chance to cater to varied customer needs. The income level supports discretionary spending, which could benefit retail or service-based businesses in 84057.

For analysts, these metrics provide a foundation for deeper studies on housing trends, economic health, or community planning in this Utah County ZIP code.

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