ZIP 85043 - 860Z200US85043 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 85043, located in the Phoenix, Arizona area, understanding the local demographics and housing landscape is essential. This snapshot provides a detailed look at the population, income levels, housing costs, and cultural composition of this vibrant community based on the latest 2023 data. 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 85043 is home to a population of 39,603 residents, making it a moderately sized community with a dynamic mix of families and individuals. These residents are distributed across 11,141 households, reflecting a strong residential base. With 11,564 total housing units in the area, there’s a slight surplus of available homes, which could indicate opportunities for buyers or renters looking to settle in this region. The balance between population and housing units suggests a stable community with room for growth.

Income & Housing Costs

The median household income in ZIP 85043 stands at $70,051, positioning it as a middle-income area with reasonable earning potential for residents. This income level supports a housing market where the median house value is $288,900—a figure that may appeal to first-time homebuyers or investors seeking affordable entry points in the Phoenix metro area. For renters, the median rent is $1,496 per month, which aligns with the income levels and reflects a competitive but accessible rental market. These metrics suggest that ZIP 85043 offers a balance of affordability and value for both homeowners and tenants.

Race & Ethnicity

The cultural fabric of ZIP 85043 is notably diverse, with a significant Hispanic population making up 75.17% of residents. This is complemented by smaller but meaningful representation from other groups: 10.88% White, 10.51% Black, and 0.45% Asian. This diversity shapes the community’s identity, influencing local businesses, schools, and social dynamics. For those looking to connect with or serve a predominantly Hispanic demographic, ZIP 85043 presents a unique opportunity to engage with a rich cultural heritage.

Key Facts

• Total population: 39,603 residents, offering a sizable community for engagement or investment.
• Total households: 11,141, indicating a strong residential foundation.
• Total housing units: 11,564, suggesting potential availability for new residents or investors.
• Median household income: $70,051, reflecting a stable economic base for families and businesses.
• Median house value: $288,900, an accessible price point in the Phoenix area.
• Median rent: $1,496, competitive for renters in a growing market.
• Hispanic population: 75.17%, highlighting a culturally rich and diverse community.

What This Means for You

For homebuyers, ZIP 85043 offers a promising mix of affordability and community vibrancy. With a median home value of $288,900, it’s an attractive option for those looking to enter the Phoenix housing market without breaking the bank. The slight surplus of housing units could mean less competition for available properties, giving you leverage in negotiations.

For real estate investors and agents, the data points to potential in both buying and renting markets. The median rent of $1,496 suggests steady demand from tenants, while the population size and income levels indicate a reliable pool of prospective renters or buyers. Consider targeting properties that cater to families, given the household numbers.

For small-business owners, the diverse population—especially the large Hispanic demographic—offers a chance to tailor products or services to cultural preferences. A median household income of $70,051 also means there’s disposable income for local spending, making this ZIP code a viable spot for retail, dining, or service-based ventures.

For analysts, these metrics provide a clear baseline for deeper research into market trends, community needs, or economic forecasts. The balance of income, housing costs, and diversity can inform studies on growth potential or social impact initiatives.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 85043? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code of interest to access up-to-date metrics tailored to your needs, whether for personal, investment, or business purposes.
• Use the insights to compare areas, identify opportunities, and make data-driven decisions with confidence.