ZIP 85142 - 860Z200US85142 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 85142, located in Arizona’s Maricopa County, this demographic and housing snapshot offers a clear picture of the area in 2023. With a sizable population, strong income levels, and a dynamic housing market, this ZIP code presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 85142 is home to a robust population of 87,201 residents as of 2023, making it a vibrant and growing community. This area supports 26,680 households, reflecting a strong base of families and individuals. With 27,701 total housing units, there’s a slight surplus of homes compared to households, which could indicate availability for new residents or investors looking to enter the market. These numbers suggest a well-established community with room for growth, ideal for those seeking a balance of suburban density and opportunity.

Income & Housing Costs

One of the standout metrics for ZIP 85142 is its median household income of $125,236, which points to a relatively affluent population. This income level supports a strong local economy, making the area attractive for businesses and retailers targeting middle- to upper-income consumers. On the housing front, the median home value stands at $521,300, reflecting a competitive real estate market. For renters, the median rent is $2,092 per month, indicating a premium rental market that aligns with the area’s higher income and property values. These figures suggest that while entry costs are significant, the financial stability of residents could translate to long-term value for investors and business owners.

Race & Ethnicity

The demographic makeup of ZIP 85142 offers insight into its cultural diversity. The population is predominantly White at 65.91%, with a significant Hispanic presence at 21.56%. Black residents account for 3.79%, and Asian residents make up 2.87%. This diversity shapes the community’s character, influencing local businesses, schools, and cultural offerings. For business owners, this mix presents opportunities to cater to varied consumer preferences, while homebuyers may appreciate the inclusive environment as they settle into the area.

Key Facts

• Total population: 87,201, indicating a sizable and active community.
• Total households: 26,680, supporting a strong residential base.
• Total housing units: 27,701, suggesting potential availability for new residents or investors.
• Median household income: $125,236, reflecting economic strength.
• Median home value: $521,300, pointing to a high-value real estate market.
• Median rent: $2,092, aligning with the area’s upscale housing profile.
• Racial composition: 65.91% White, 21.56% Hispanic, 3.79% Black, 2.87% Asian, showcasing diversity.

What This Means for You

For homebuyers, ZIP 85142 offers a prosperous community with a median home value of $521,300, which may require a substantial budget but promises a stable investment given the area’s high median income of $125,236. The slight surplus of housing units could mean less competition for available properties, though prices remain elevated. Real estate investors and agents will find a lucrative market here, with strong property values and rental rates averaging $2,092 monthly, ideal for buy-and-hold or rental strategies. The diverse population also suggests demand for varied housing types. Small-business owners can tap into a wealthy and diverse customer base, with disposable income to support retail, dining, and services—consider tailoring offerings to the cultural mix of the area. Analysts can use these metrics to benchmark growth trends or assess market potential, noting the balance of population size and economic indicators as drivers of opportunity.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 85142? 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, and more, tailored to your needs.
• Use the insights to inform your next home purchase, investment decision, or business strategy with confidence.