ZIP 84651 - 860Z200US84651 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 84651, understanding the local demographic and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of residential stability and economic potential. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living or working in the 84651 area.

Population & Households

The total population of ZIP 84651 stands at 29,502, making it a moderately sized community with room for growth and engagement. This population is distributed across 8,647 households, reflecting a strong residential base. Additionally, there are 8,956 total housing units in the area, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in this region, as well as for investors eyeing vacant properties.

Income & Housing Costs

Economically, ZIP 84651 demonstrates solid earning power with a median household income of $94,152. This figure positions the area as a relatively affluent community, offering financial stability for families and businesses alike. On the housing front, the median home value is $423,200, reflecting a robust real estate market that could appeal to investors seeking long-term appreciation. For renters, the median rent is $1,398 per month, which aligns with the income levels and suggests a manageable cost of living for many residents. These metrics highlight 84651 as a location with strong economic fundamentals for both homeowners and tenants.

Race & Ethnicity

The cultural composition of ZIP 84651 is predominantly White, with 80.56% of the population identifying as such. Hispanic residents make up 14.64% of the population, adding a notable layer of diversity to the community. Other groups, including Black (0.15%) and Asian (0.52%) residents, represent smaller portions of the population. This demographic makeup points to a primarily homogeneous area with emerging multicultural influences, which could shape community dynamics, business offerings, and local culture. For businesses and investors, understanding this mix can help tailor services or marketing strategies to the majority while addressing the needs of growing minority groups.

Key Facts

• Total population: 29,502 residents in ZIP 84651.
• Total households: 8,647, supporting a stable community base.
• Total housing units: 8,956, with a small surplus of available properties.
• Median household income: $94,152, indicating strong earning potential.
• Median home value: $423,200, reflecting a valuable real estate market.
• Median rent: $1,398, offering a balanced rental cost for residents.
• Racial composition: 80.56% White, 14.64% Hispanic, with smaller Black and Asian populations.

What This Means for You

For homebuyers, ZIP 84651 offers a promising market with a median home value of $423,200, suggesting potential for property value growth over time. The slight surplus of housing units (8,956 total versus 8,647 households) may provide negotiating leverage when purchasing. Investors and real estate agents can capitalize on this stable market, targeting both buyers and renters, with median rents at $1,398 indicating a steady demand for rental properties. Small-business owners will find a financially secure customer base, thanks to the $94,152 median household income, ideal for retail, services, or family-oriented ventures. Analysts can use these demographics to assess growth trends, particularly noting the area’s cultural composition for market segmentation. Whether you’re settling down or scaling up, 84651 presents a balanced environment to achieve your goals.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 84651? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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• Use the insights to make data-driven decisions for your next home purchase, investment, or business strategy.