ZIP 84094 - 860Z200US84094 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 84094, located in Sandy, Utah, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 28,000 and a strong median household income, this ZIP code presents a stable and appealing community for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, this article breaks down key metrics on population, income, housing costs, and diversity to help you make informed decisions.

Population & Households

ZIP 84094 is home to 28,277 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 9,545 households, reflecting a solid base of families and individuals. The total number of housing units stands at 9,715, indicating a slight surplus of available homes compared to occupied households. This balance suggests a stable housing market with room for growth or turnover, which could be attractive for buyers or investors looking for opportunities in the area.

Income & Housing Costs

One of the standout features of ZIP 84094 is its strong economic foundation, with a median household income of $102,881. This figure points to a relatively affluent community, where residents have significant purchasing power—ideal for small businesses targeting a higher-income demographic. On the housing front, the median home value is $474,700, reflecting a robust real estate market that could offer good long-term value for buyers and investors. For renters, the median rent is $1,851 per month, which aligns with the area’s higher income levels and suggests a demand for quality rental properties.

Race & Ethnicity

The demographic makeup of ZIP 84094 is predominantly White, with 76.59% of the population identifying as such. Hispanic or Latino residents make up 9.67% of the community, while Asian residents account for 3.97%, and Black or African American residents represent 0.92%. This composition indicates a primarily homogenous area with pockets of diversity, which may influence community dynamics, cultural offerings, and business opportunities. For businesses or investors, understanding this mix can help tailor services or marketing strategies to resonate with the local population.

Key Facts

• Total population in ZIP 84094: 28,277 residents.
• Total households: 9,545, supporting a family-oriented community.
• Total housing units: 9,715, with a small surplus of available homes.
• Median household income: $102,881, indicating strong economic stability.
• Median home value: $474,700, reflecting a valuable real estate market.
• Median rent: $1,851, appealing to higher-income renters.
• Racial composition: 76.59% White, 9.67% Hispanic, 3.97% Asian, 0.92% Black.

What This Means for You

For homebuyers, ZIP 84094 offers a financially stable community with a median home value of $474,700, suggesting a solid investment for long-term growth. The slight surplus of housing units (9,715 total versus 9,545 households) may provide some negotiating power in a competitive market. Real estate investors and agents can capitalize on the area’s strong median income of $102,881, which supports demand for both purchase and rental properties, with median rents at $1,851 indicating a lucrative rental market. Small-business owners will find a promising customer base in this affluent area, where disposable income could drive sales for retail, services, or dining establishments. Finally, analysts can use these metrics to benchmark ZIP 84094 against neighboring areas, identifying trends in housing demand or demographic shifts for deeper market studies. Whether you’re buying, investing, or building a business, this data equips you with a clear starting point.

Run This Study Yourself

Want to dive deeper into ZIP 84094 or explore another area? Follow these steps to get tailored insights:

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter any ZIP code to generate a detailed report with the latest data.
• Use the insights to make informed decisions for your home purchase, investment, or business strategy.