ZIP 84074 - 860Z200US84074 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 84074 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in a dynamic region, this ZIP code offers a blend of suburban appeal and economic opportunity. With data from 2023, this article breaks down the population, income, housing costs, and racial composition of ZIP 84074, providing actionable insights for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 84074 is home to a substantial population of 57,470 residents as of 2023, making it a sizable community with a strong local market. This population is distributed across 17,627 households, reflecting a vibrant residential base. Whether you’re a business owner looking for customer density or a homebuyer seeking a lively neighborhood, the scale of this community suggests ample opportunities for connection and growth. Additionally, with 18,128 total housing units in the area, there’s a clear foundation for both current residents and potential newcomers.

Income & Housing Costs

One of the standout metrics for ZIP 84074 is its median household income of $102,313, which indicates a relatively affluent community with significant purchasing power. For small-business owners, this suggests a customer base that can support a range of goods and services. For homebuyers and investors, this income level often correlates with stable property values and demand for quality housing.

On the housing front, the median home value in ZIP 84074 stands at $383,300, reflecting a competitive yet accessible real estate market for a region with such a strong income profile. Meanwhile, the median rent is $1,197 per month, offering a more affordable option for those not ready to buy. These figures provide a balanced view of housing affordability and investment potential, catering to diverse financial goals.

Race & Ethnicity

The demographic makeup of ZIP 84074 offers a glimpse into its cultural diversity. The population is predominantly White at 78.16%, with Hispanic or Latino residents making up 14.41% of the community. Black or African American residents account for 1.04%, while Asian residents comprise 0.54%. This composition points to a primarily homogeneous area with a notable Hispanic presence, which could influence local culture, businesses, and community dynamics. For business owners, understanding these demographics can help tailor offerings to meet the needs of the majority while also addressing niche markets.

Key Facts

• Total population in ZIP 84074: 57,470 residents, indicating a robust community size.
• Total households: 17,627, supporting a strong residential foundation.
• Total housing units: 18,128, suggesting availability for growth or turnover.
• Median household income: $102,313, reflecting economic strength.
• Median home value: $383,300, a competitive price point for the income level.
• Median rent: $1,197, offering affordability for renters.
• Racial composition: 78.16% White, 14.41% Hispanic, 1.04% Black, 0.54% Asian.

What This Means for You

For homebuyers, ZIP 84074 presents a promising opportunity with a median home value of $383,300 and a strong median household income of $102,313. These numbers suggest a stable market where property values are likely to hold or appreciate over time, especially in a community of over 57,000 residents. The availability of 18,128 housing units also means there’s room to find a home that fits your needs.

For investors and real estate agents, the data points to a healthy rental market with a median rent of $1,197, alongside a solid homeowner base. With nearly 18,000 households, there’s potential for both rental income and property sales, especially given the area’s economic strength.

For small-business owners, the population size and income levels in ZIP 84074 signal a market with disposable income and demand for diverse services. Tailoring your offerings to the cultural makeup—predominantly White with a significant Hispanic presence—can help you connect with the community effectively.

Run This Study Yourself

Want to explore ZIP 84074 or any other area in greater detail? Follow these simple steps to get customized insights:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter the ZIP code of interest to pull up the latest data tailored to your needs.
• Use the insights to make informed decisions for your home purchase, investment, or business strategy.