ZIP 85009 - 860Z200US85009 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 85009, located in the Phoenix, Arizona area, understanding the local demographics and housing landscape is essential. This 2023 snapshot provides a clear, data-driven look at the population, income levels, housing costs, and cultural composition of this vibrant community. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions tailored to your goals.

Population & Households

ZIP 85009 is home to a substantial population of 52,116 residents as of 2023. This area supports 14,046 households, reflecting a community with a mix of family structures and living arrangements. With 14,873 total housing units, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to settle in this area. The population density and household distribution suggest a bustling, active neighborhood with potential for both residential and commercial growth.

Income & Housing Costs

The median household income in ZIP 85009 stands at $51,615, offering a glimpse into the economic profile of the area. For homebuyers and investors, the median house value of $215,300 presents a relatively accessible entry point into the Phoenix metro housing market, especially when compared to higher-priced neighboring ZIP codes. Meanwhile, renters face a median rent of $1,128 per month, which aligns with the income levels and suggests a balanced cost of living for those not ready to buy. These figures can help you gauge affordability and potential returns on investment in this market.

Race & Ethnicity

The cultural fabric of ZIP 85009 is notably diverse, with a strong Hispanic presence making up 81.28% of the population. White residents account for 9.35%, Black residents 5.25%, and Asian residents 0.67%. This demographic composition highlights a predominantly Hispanic community, which could influence local businesses, cultural events, and community dynamics. For business owners and investors, this diversity offers a unique opportunity to cater to specific cultural needs or preferences, while homebuyers may appreciate the rich cultural heritage embedded in the area.

Key Facts

• Total population: 52,116 residents in 2023, indicating a sizable community.
• Total households: 14,046, reflecting a mix of family and individual living arrangements.
• Total housing units: 14,873, suggesting some availability for new residents or investors.
• Median household income: $51,615, providing insight into local economic conditions.
• Median house value: $215,300, an accessible price point for the Phoenix area.
• Median rent: $1,128, offering a reasonable renting option for non-buyers.
• Hispanic population: 81.28%, shaping the cultural identity of ZIP 85009.

What This Means for You

For homebuyers, ZIP 85009 offers a chance to enter the housing market at a median value of $215,300, which may be more affordable than other parts of the Phoenix metro area. The slight surplus of housing units could mean less competition for available properties. Real estate investors and agents might find value in the area’s growth potential, especially given the accessible home prices and diverse population that could drive demand for rental properties or culturally tailored housing developments. Small-business owners can leverage the strong Hispanic demographic to offer products or services that resonate with the majority of the community, potentially building a loyal customer base. Lastly, analysts can use these metrics to track trends in affordability, diversity, and housing availability, providing deeper insights for clients or stakeholders. This ZIP code presents a blend of opportunity and cultural richness worth exploring.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 85009? Start by visiting ZipcodeGPT for a user-friendly platform to analyze local data.
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