ZIP 85140 - 860Z200US85140 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 85140, located in the San Tan Valley area of Arizona, this demographic and housing snapshot offers a clear picture of the community as of 2023. With a sizable population, strong median income, and a diverse housing market, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes ZIP 85140 stand out.

Population & Households

ZIP 85140 is home to a robust population of 51,078 residents, making it a vibrant and growing community. This area supports 16,340 households, reflecting a strong base of families and individuals. With 17,349 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for properties to purchase or rent out. This balance suggests a community with room to grow while maintaining a stable residential foundation.

Income & Housing Costs

The median household income in ZIP 85140 stands at $98,668, a figure that signals a relatively affluent community with solid earning potential. This income level supports a healthy local economy, making it attractive for businesses catering to middle- and upper-middle-class consumers. On the housing front, the median home value is $411,800, reflecting a competitive yet accessible real estate market for buyers with moderate to high budgets. For renters, the median rent is $1,883 per month, which aligns with the area’s income levels but may pose a challenge for those on tighter budgets. These figures highlight a market where both owning and renting come with significant financial considerations.

Race & Ethnicity

The demographic makeup of ZIP 85140 offers insight into its cultural diversity. The population is predominantly White at 67.21%, with a notable Hispanic presence at 20.39%. Black residents account for 3.8%, and Asian residents make up 1.85%. This mix suggests a community with a majority White population but with meaningful representation from other racial and ethnic groups, fostering a diverse environment. For businesses and investors, this diversity can translate into varied consumer needs and opportunities to cater to different cultural preferences.

Key Facts

• Total population: 51,078 residents, indicating a sizable and active community.
• Total households: 16,340, showing a strong base of family and individual units.
• Total housing units: 17,349, suggesting some availability for new occupants or investors.
• Median household income: $98,668, reflecting a financially stable population.
• Median home value: $411,800, positioning the area as a competitive housing market.
• Median rent: $1,883, indicating a premium rental market aligned with income levels.
• Racial composition: 67.21% White, 20.39% Hispanic, 3.8% Black, and 1.85% Asian, showcasing diversity.

What This Means for You

For homebuyers, ZIP 85140 offers a promising market with a median home value of $411,800, which, paired with a strong median income of $98,668, suggests a stable investment for those who can afford the entry point. The slight surplus of housing units may also mean less competition for available properties. Real estate investors and agents can find value in the area’s growth potential and diversity, with opportunities in both sales and rentals—especially given the $1,883 median rent that could yield solid returns. Small-business owners should note the affluent and diverse population, which supports a range of consumer demands, from everyday services to niche cultural offerings. Finally, analysts can use these metrics to track trends in suburban growth, housing affordability, and demographic shifts in Arizona’s expanding regions. Whether you’re buying, investing, or building a business, ZIP 85140 provides a strong foundation to work from.

Run This Study Yourself

Want to dive deeper into ZIP 85140 or explore another area? Follow these steps to get tailored insights:

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter any ZIP code to uncover detailed population, income, and real estate data.
• Use the insights to make informed decisions for your home purchase, investment, or business strategy.