ZIP 85014 - 860Z200US85014 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 85014, located in the heart of Phoenix, Arizona, understanding the area’s demographic and housing landscape is essential. This 2023 snapshot provides a clear, data-driven look at the population, income levels, housing metrics, and racial composition of this vibrant community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living, working, or investing in ZIP 85014.

Population & Households

ZIP 85014 is home to a population of 26,215 residents as of 2023. This mid-sized community supports 13,239 households, reflecting a diverse mix of family structures and living arrangements. With 14,778 total housing units in the area, there’s a noticeable spread between occupied and vacant properties, which could signal opportunities for buyers or investors looking to enter the market. The ratio of households to population suggests an average household size of roughly two individuals, pointing to a blend of singles, couples, and smaller families in this area.

Income & Housing Costs

The median household income in ZIP 85014 stands at $69,995, indicating a moderate earning capacity that aligns with many urban and suburban areas. This income level supports a housing market where the median house value is $447,500—a figure that reflects a competitive yet accessible market for potential buyers. For renters, the median rent is $1,339 per month, which is reasonable given the area’s proximity to Phoenix’s urban amenities. These numbers suggest that ZIP 85014 offers a balanced cost of living, appealing to a range of budgets and financial goals.

Race & Ethnicity

The demographic makeup of ZIP 85014 showcases a diverse community. White residents account for 52.06% of the population, while Hispanic or Latino individuals make up 28.69%, contributing significantly to the area’s cultural fabric. Black residents represent 5.36%, and Asian residents comprise 3.67%. This diversity fosters a rich, multicultural environment, which can be a draw for families, businesses, and investors seeking inclusive and dynamic neighborhoods.

Key Facts

• Total population: 26,215 residents in ZIP 85014 as of 2023.
• Total households: 13,239, supporting a mix of living arrangements.
• Total housing units: 14,778, with potential availability for new occupants.
• Median household income: $69,995, reflecting moderate earning power.
• Median house value: $447,500, indicating a competitive housing market.
• Median rent: $1,339 per month, offering options for renters.
• Racial diversity: 52.06% White, 28.69% Hispanic, 5.36% Black, 3.67% Asian.

What This Means for You

For homebuyers, ZIP 85014 presents a promising market with a median home value of $447,500, which could be within reach for those with stable incomes near or above the area’s median of $69,995. The diversity and moderate population size suggest a welcoming community with access to urban conveniences in Phoenix. If you’re a renter, the median rent of $1,339 offers a viable alternative to buying while still enjoying the area’s amenities.

For real estate investors and agents, the gap between total housing units (14,778) and occupied households (13,239) hints at potential vacancies or underutilized properties. This could translate into opportunities for flipping homes, rentals, or new developments, especially given the area’s solid median home values and rental rates.

For small-business owners, the diverse population of 26,215 and a median income of nearly $70,000 suggest a customer base with disposable income and varied needs. Establishing a business in ZIP 85014 could tap into a multicultural market, particularly if your offerings cater to the significant Hispanic and White demographics.

For analysts, these metrics provide a foundation for deeper research into housing trends, economic stability, and community growth in ZIP 85014, especially when paired with historical data or neighboring ZIP code comparisons.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 85014? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to guide your next home purchase, investment decision, or business strategy with confidence.