ZIP 84092 - 860Z200US84092 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 84092, located in the heart of Utah’s Salt Lake County, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 28,000 and a robust median household income, this ZIP code presents a stable and affluent community. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the population dynamics, income levels, and housing market here can guide your next steps. Let’s break down the key metrics to help you make informed decisions.

Population & Households

ZIP 84092 is home to 28,162 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 9,198 households, reflecting a strong family or multi-person household presence. With 9,942 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for rental opportunities. The average household size, derived from population and household counts, suggests around 3.06 people per home, pointing to a community likely composed of families or shared living arrangements.

Income & Housing Costs

One of the standout features of ZIP 84092 is its impressive median household income of $153,333, which signals a high-earning community with significant purchasing power. This income level positions the area as an attractive market for businesses catering to mid-to-upper-income consumers. On the housing front, the median home value stands at $706,400, reflecting a premium real estate market that aligns with the income demographics. For renters, the median rent is $2,146 per month, indicating a costly rental market as well, though it remains a viable option for those not ready to buy. These figures suggest that both owning and renting in 84092 require substantial financial resources, but the high income levels support such costs for many residents.

Race & Ethnicity

The demographic composition of ZIP 84092 is predominantly White, with 85.3% of the population identifying as such. Hispanic or Latino residents make up 6.06% of the population, while Asian individuals account for 2.82%, and Black or African American residents represent just 0.65%. This racial and ethnic breakdown points to a relatively homogenous community with a majority White population, though there is some diversity present. For businesses and investors, this composition may influence marketing strategies or community engagement approaches, while homebuyers might consider the cultural makeup when evaluating the area’s fit for their lifestyle.

Key Facts

• Total population in ZIP 84092: 28,162 residents.
• Total households: 9,198, with an average of about 3.06 people per household.
• Total housing units: 9,942, suggesting potential availability for new occupants.
• Median household income: $153,333, indicating a high-earning community.
• Median home value: $706,400, reflecting a premium real estate market.
• Median rent: $2,146 per month, a significant cost for renters.
• Racial composition: 85.3% White, 6.06% Hispanic, 2.82% Asian, 0.65% Black.

What This Means for You

For homebuyers, ZIP 84092 offers a stable, affluent community with high home values at $706,400 on average, which could mean long-term value appreciation but requires a substantial upfront investment. The high median income of $153,333 suggests neighbors with financial stability, often correlating with well-maintained properties and strong local schools. Investors and real estate agents will note the slight surplus of housing units (9,942 total vs. 9,198 occupied), which could signal opportunities for rentals or flips, especially given the high rental rates of $2,146 monthly. Small-business owners should see the high income levels as a green light for premium products or services, though the demographic homogeneity (85.3% White) might require tailored marketing to resonate with the majority. Analysts can use these metrics to benchmark 84092 against nearby ZIP codes for deeper market studies. Across all groups, the data points to a prosperous but expensive area where strategic planning is key.

Run This Study Yourself

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