ZIP 84087 - 860Z200US84087 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 84087 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in a vibrant part of Utah, this area offers a mix of suburban appeal and economic opportunity. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and cultural composition in 84087. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions tailored to your goals.

Population & Households

As of 2023, ZIP code 84087 is home to a population of 17,028 residents. This sizable community is distributed across 5,169 households, indicating a strong residential base. With 5,254 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could suggest some availability for new residents or investors looking to enter the market. The average household size can be inferred as roughly 3.3 people, pointing to a family-oriented community with a mix of small and larger households.

Income & Housing Costs

One of the standout metrics for ZIP 84087 is its robust median household income of $122,201. This figure reflects a financially stable community, likely attractive to businesses seeking a customer base with disposable income. On the housing front, the median home value stands at $489,100, positioning 84087 as a higher-end market compared to many national averages. For renters, the median rent is $1,520 per month, which aligns with the area’s elevated property values. These numbers suggest that while entry costs are significant, the economic strength of the area could justify the investment for the right buyer or business.

Race & Ethnicity

The demographic makeup of ZIP code 84087 shows a predominantly White population at 86.97%, with smaller percentages of other racial and ethnic groups. Hispanic or Latino residents account for 7.15% of the population, while Black and Asian communities represent 0.65% and 0.55%, respectively. This composition indicates a relatively homogenous area with some diversity, which may influence community dynamics, cultural offerings, and business opportunities. For those prioritizing cultural fit or market segmentation, these figures provide a starting point for deeper exploration.

Key Facts

• Total population in ZIP 84087: 17,028 residents as of 2023.
• Total households: 5,169, with an average size of approximately 3.3 people.
• Total housing units: 5,254, suggesting limited vacancy or growth potential.
• Median household income: $122,201, indicating strong local earning power.
• Median home value: $489,100, reflecting a premium real estate market.
• Median rent: $1,520, consistent with the area’s housing costs.
• Racial composition: 86.97% White, 7.15% Hispanic, with smaller Black and Asian populations.

What This Means for You

For homebuyers, ZIP 84087 offers a stable, family-friendly environment with a high median income and home values that suggest long-term appreciation potential. However, the $489,100 median price tag means you’ll need to budget accordingly or explore financing options to enter this market. Real estate investors and agents can find opportunities in the slight surplus of housing units (5,254 vs. 5,169 households), which may indicate room for rentals or flips, especially given the strong rental demand at $1,520 median rent. Keep an eye on turnover rates and local development plans to maximize returns. Small-business owners should note the affluent demographic—$122,201 median income signals a customer base with purchasing power, ideal for retail, services, or dining ventures. Finally, analysts can use this data as a benchmark to compare 84087 with neighboring ZIP codes or track trends over time, especially in housing affordability and demographic shifts.

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