ZIP 85019 - 860Z200US85019 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 85019, located in the heart of Phoenix, Arizona, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, offers a clear view of the area's population, income levels, housing costs, and cultural diversity. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about this dynamic community.

Population & Households

ZIP 85019 is home to a population of 26,974 residents, making it a moderately sized community within the Phoenix metro area. These individuals are distributed across 7,697 households, reflecting a mix of family and individual living arrangements. With 8,127 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking for rental opportunities.

Income & Housing Costs

The median household income in ZIP 85019 stands at $58,767, which provides a solid economic foundation for many residents. This income level suggests a working-class community with moderate purchasing power, relevant for businesses targeting local consumers. On the housing front, the median home value is $255,700, offering a relatively accessible entry point for buyers compared to higher-priced areas in Phoenix. For renters, the median monthly rent is $1,342, which aligns with the income levels and reflects a balanced rental market. These figures are critical for assessing affordability and investment potential in the area.

Race & Ethnicity

ZIP 85019 boasts a richly diverse population, with a racial and ethnic composition that shapes its cultural fabric. The largest demographic group is Hispanic, comprising 69.43% of the population, followed by White residents at 17.35%. Black residents make up 5.25%, and Asian residents account for 3.71%. This diversity suggests a vibrant, multicultural environment, which can be a draw for families, businesses, and investors seeking inclusive communities with varied perspectives and consumer needs.

Key Facts

• Total population: 26,974 residents in ZIP 85019.
• Total households: 7,697, indicating a mix of family and solo living.
• Total housing units: 8,127, with some potential vacancy for new occupants.
• Median household income: $58,767, reflecting moderate economic stability.
• Median home value: $255,700, an accessible price point in Phoenix.
• Median rent: $1,342 per month, aligning with local income levels.
• Dominant ethnicity: Hispanic at 69.43%, showcasing significant cultural diversity.

What This Means for You

For homebuyers, ZIP 85019 offers a chance to enter the Phoenix housing market at a median value of $255,700, which is competitive for the region. The slight surplus of housing units may also mean less competition for available properties. Investors and real estate agents should note the rental market’s stability, with a median rent of $1,342, suggesting consistent demand from a diverse tenant base. The area’s moderate median income of $58,767 indicates a reliable pool of potential renters or buyers. Small-business owners can benefit from the cultural diversity, especially the large Hispanic population (69.43%), by tailoring products or services to meet specific community needs—think authentic cuisine, bilingual services, or culturally relevant marketing. Analysts can use these metrics to benchmark ZIP 85019 against neighboring areas for deeper market studies. Across all groups, the data points to a community with accessible housing, economic stability, and a vibrant cultural mix.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 85019? 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 costs, and more, tailored to your needs.
• Use the insights to make smarter decisions, whether you're buying a home, investing in property, or planning a business venture.