ZIP 85035 - 860Z200US85035 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 85035 for your next home purchase, real estate investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in the Phoenix, Arizona metro area, this ZIP code offers a diverse community and a range of opportunities for homebuyers, investors, agents, and small-business owners. Using the latest 2023 data, this snapshot provides a clear, data-driven look at population, income, housing costs, and racial composition to help you make informed decisions.

Population & Households

ZIP 85035 is home to a substantial population of 52,002 residents, making it a vibrant and active community. These individuals are distributed across 15,279 households, reflecting a mix of family sizes and living arrangements. With 15,868 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market. This balance between population and housing stock suggests a community with room for growth, particularly for those seeking to settle or invest in a dynamic area.

Income & Housing Costs

The median household income in ZIP 85035 stands at $57,790, which provides a solid economic foundation for many families and individuals in the area. When it comes to housing, the median house value is $244,300, offering a relatively accessible entry point for homebuyers compared to other parts of the Phoenix metro area. For renters, the median rent is $1,390 per month, reflecting a rental market that caters to a range of budgets. These figures suggest that ZIP 85035 strikes a balance between affordability and value, making it an attractive option for those looking to buy or rent without stretching their finances too thin.

Race & Ethnicity

The demographic makeup of ZIP 85035 is notably diverse, with a strong Hispanic presence at 76.91% of the population. Other racial groups include White residents at 7.05%, Black residents at 10.02%, and Asian residents at 1.41%. This rich cultural diversity shapes the community’s character, offering a welcoming environment for people from various backgrounds. For businesses and investors, this diversity can translate into opportunities to cater to a wide range of cultural preferences and needs, while homebuyers may appreciate the inclusive atmosphere.

Key Facts

• Total population: 52,002 residents, indicating a sizable and active community.
• Total households: 15,279, reflecting a mix of family and individual living arrangements.
• Total housing units: 15,868, suggesting slight availability for new residents or investors.
• Median household income: $57,790, supporting a stable economic base.
• Median house value: $244,300, offering affordability in the Phoenix metro area.
• Median rent: $1,390, catering to a variety of renter budgets.
• Hispanic population: 76.91%, highlighting significant cultural diversity.

What This Means for You

For homebuyers, ZIP 85035 presents an opportunity to purchase a home at a median value of $244,300, which is competitive within the broader Phoenix market. The slight surplus of housing units could mean less competition when searching for your ideal property. Investors and real estate agents might find value in the area’s growth potential, as the population size and diversity suggest steady demand for housing and rental properties, with median rents at $1,390 providing a reasonable return. Small-business owners can benefit from the diverse demographic, tailoring products or services to a predominantly Hispanic community while tapping into a population of over 52,000 potential customers. Analysts will appreciate the balanced economic indicators, with a median income of $57,790 supporting local spending power. Whether you’re buying, investing, or starting a business, ZIP 85035 offers a promising foundation to build on.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 85035? Start by visiting ZipcodeGPT to access powerful demographic and housing data tools.
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• Use the insights to make informed decisions for your home purchase, investment strategy, or business plan.