ZIP 84405 - 860Z200US84405 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 84405, located in the Ogden area of Utah, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 34,000 and a robust housing market, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes ZIP 84405 stand out and how it can align with your goals.

Population & Households

ZIP 84405 is home to 34,931 residents, making it a moderately sized community with a diverse mix of families, professionals, and individuals. The area supports 12,214 households, reflecting a strong residential base. With 12,645 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests a stable community with room for growth, ideal for those seeking a place to settle or expand.

Income & Housing Costs

The median household income in ZIP 84405 is $84,488, pointing to a relatively affluent population with solid earning power. This income level supports a healthy local economy, which can be a draw for businesses and investors. On the housing front, the median home value stands at $386,500, reflecting a competitive yet accessible market for buyers in the region. For renters, the median rent is $1,266 per month, which aligns with the income levels and suggests a balanced cost of living. These figures highlight ZIP 84405 as a financially stable area with housing options for a range of budgets.

Race & Ethnicity

The demographic makeup of ZIP 84405 offers insight into the community’s diversity. The population is predominantly White at 78.61%, with Hispanic or Latino residents making up 12.92%. Other groups include Black residents at 1.34% and Asian residents at 1.61%. This composition indicates a primarily White community with a notable Hispanic presence, contributing to a culturally varied environment. For businesses and investors, this diversity can inform marketing strategies or community engagement efforts tailored to the area’s unique blend of residents.

Key Facts

• Total population: 34,931 residents in ZIP 84405 as of 2023.
• Total households: 12,214, supporting a strong residential foundation.
• Total housing units: 12,645, with a small surplus of available homes.
• Median household income: $84,488, indicating solid economic stability.
• Median home value: $386,500, reflecting a competitive housing market.
• Median rent: $1,266, offering a balanced rental option for residents.
• Racial composition: 78.61% White, 12.92% Hispanic, 1.61% Asian, 1.34% Black.

What This Means for You

For homebuyers, ZIP 84405 offers a promising market with a median home value of $386,500, which is attainable for many given the median household income of $84,488. The slight surplus of housing units could mean less competition when searching for your ideal home. Real estate investors and agents will find value in the area’s stability and growth potential, as the income levels support sustained demand for both rentals and purchases. The median rent of $1,266 also suggests a viable rental market for property owners. Small-business owners can benefit from the community’s economic strength and diversity, tailoring offerings to a predominantly White and Hispanic customer base while tapping into a household income that supports discretionary spending. Analysts can use these metrics to benchmark ZIP 84405 against neighboring areas, identifying trends in housing affordability and demographic shifts for deeper market insights.

Run This Study Yourself

Want to dive deeper into ZIP 84405 or explore another area? Follow these steps to get customized demographic and housing insights:

• Visit ZipcodeGPT to access a powerful tool for ZIP code analysis.
• Enter any ZIP code to retrieve the latest population, income, and housing data.
• Use the insights to make informed decisions for buying, investing, or business planning.