ZIP 85120 - 860Z200US85120 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 85120, located in Arizona, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of nearly 30,000 and a mix of affordable housing and rental options, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand the community and make informed decisions.

Population & Households

ZIP 85120 is home to 29,308 residents, making it a moderately sized community with a stable population base. These individuals are distributed across 14,054 households, reflecting a diverse mix of family structures and living arrangements. With 17,430 total housing units in the area, there’s a notable supply of homes, though not all are occupied, suggesting potential availability for new residents or investors looking to enter the market.

Income & Housing Costs

The median household income in ZIP 85120 stands at $53,921, which provides a solid economic foundation for many families and individuals. This income level supports a housing market where the median home value is $162,900—a relatively accessible price point for first-time buyers or investors seeking value. For renters, the median rent is $958 per month, offering an affordable alternative to homeownership in a market where costs remain reasonable compared to larger urban centers. These figures highlight ZIP 85120 as a practical choice for those balancing budget and lifestyle needs.

Race & Ethnicity

The demographic makeup of ZIP 85120 reflects a predominantly white population at 76.63%, with smaller but significant representation from other groups. Hispanic residents account for 15.89% of the population, while Asian and Black communities make up 1.29% and 0.82%, respectively. This composition suggests a community with a strong cultural core and some diversity, which can influence local businesses, schools, and community services. Understanding this mix is crucial for businesses tailoring offerings or investors assessing market demand.

Key Facts

• Total population: 29,308 residents in 2023.
• Total households: 14,054, indicating a mix of family and individual living arrangements.
• Total housing units: 17,430, with some unoccupied units potentially available.
• Median household income: $53,921, supporting a stable local economy.
• Median home value: $162,900, an accessible entry point for buyers.
• Median rent: $958, offering affordable rental options.
• Racial composition: 76.63% white, 15.89% Hispanic, 1.29% Asian, 0.82% Black.

What This Means for You

For homebuyers, ZIP 85120 offers a compelling mix of affordability and availability. With a median home value of $162,900 and a reasonable median income, this area could be ideal for first-time buyers or those seeking value in a growing market. The presence of unoccupied housing units also suggests room to negotiate or find deals.

For investors and real estate agents, the data points to potential in both rental and purchase markets. A median rent of $958 indicates a steady demand for rentals, while the gap between total housing units and occupied households hints at opportunities for flipping or long-term holds. Keeping an eye on local economic trends will be key to maximizing returns.

For small-business owners, the population size and income levels suggest a viable customer base, particularly for services catering to families or budget-conscious consumers. The demographic diversity, especially the significant Hispanic population, could guide product offerings or marketing strategies to resonate with local needs.

For analysts, these metrics provide a baseline for deeper research into economic stability, housing trends, or community development in ZIP 85120. Pairing this data with broader regional insights can uncover patterns or growth potential.

Run This Study Yourself

• Curious about other ZIP codes or want updated data for ZIP 85120? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
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• Use the insights to make data-driven decisions, from home purchases to market expansion, with confidence and ease.