ZIP 84075 - 860Z200US84075 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 84075, understanding the local demographics and housing landscape is essential. Located in a vibrant and growing area, this ZIP code offers a snapshot of a community with strong economic indicators and a diverse population. This article breaks down the latest 2023 data on population, households, income, housing costs, and racial composition to help homebuyers, real estate investors, agents, small-business owners, and analysts make informed decisions. Let’s dive into the numbers for ZIP 84075 and uncover what they mean for you.

Population & Households

ZIP 84075 is home to a population of 34,118 residents, making it a moderately sized community with room for growth and engagement. This population is distributed across 9,251 households, reflecting a strong residential base. With 9,575 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate availability for new residents or investors looking to enter the market. The balance between population and housing units suggests a stable community with potential for both personal and commercial development.

Income & Housing Costs

One of the standout metrics for ZIP 84075 is its median household income of $132,459, which points to a financially robust community. This higher-than-average income level supports a strong local economy, making it an attractive area for businesses and investors. On the housing front, the median home value stands at $532,800, reflecting a premium market that aligns with the income levels of residents. For renters, the median rent is $2,006 per month, indicating a significant cost for leasing in this area. These figures suggest that ZIP 84075 is a high-value location where both owning and renting come with a notable price tag, but the income levels support such investments.

Race & Ethnicity

The demographic makeup of ZIP 84075 shows a predominantly White population at 85.5%, with smaller but notable percentages of other racial and ethnic groups. Hispanic residents make up 8.49% of the population, while Asian residents account for 1.84%, and Black residents represent 0.76%. This composition reflects a community with a majority demographic but also a degree of diversity that can enrich cultural and social interactions. For businesses and investors, understanding this mix can help tailor services or marketing strategies to resonate with the local population.

Key Facts

• Total population in ZIP 84075: 34,118 residents.
• Total households: 9,251, supporting a strong residential community.
• Total housing units: 9,575, indicating slight availability for new occupants.
• Median household income: $132,459, showcasing economic strength.
• Median home value: $532,800, reflecting a premium housing market.
• Median rent: $2,006, a significant cost for renters in the area.
• Racial composition: 85.5% White, 8.49% Hispanic, 1.84% Asian, 0.76% Black.

What This Means for You

For homebuyers, ZIP 84075 offers a stable, affluent community with high home values and incomes, making it a solid long-term investment if you can meet the entry costs. The median home value of $532,800 suggests appreciation potential, but be prepared for competitive pricing. Real estate investors and agents will find opportunities in the slight surplus of housing units (9,575 vs. 9,251 households), which could mean available properties for flipping or renting, though the high median rent of $2,006 indicates a strong rental market as well. Small-business owners should note the high median income of $132,459, which signals disposable income among residents—ideal for premium products or services. Analysts can use this data to benchmark ZIP 84075 against neighboring areas, focusing on income and housing trends to predict future growth. Across all groups, the demographic diversity, while moderate, offers a chance to connect with varied customer or client bases.

Run This Study Yourself

• Curious about diving deeper into ZIP 84075 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Input any ZIP code to access detailed metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture.