ZIP 85202 - 860Z200US85202 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 85202 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in the heart of Mesa, Arizona, this ZIP code is home to a diverse population and a dynamic housing market. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the key metrics of 85202 can help you make informed decisions. Let’s dive into the latest data to uncover what makes this area unique and how it might align with your goals.

Population & Households

ZIP code 85202 has a total population of 39,292 residents as of 2023, making it a moderately sized community with a mix of families, professionals, and individuals. These residents are distributed across 16,665 households, reflecting a vibrant and active local population. With 18,077 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate opportunities for buyers or investors looking for available properties.

Income & Housing Costs

The median household income in ZIP 85202 stands at $66,582, positioning it as a middle-income area with reasonable earning potential for residents. This income level supports a housing market where the median home value is $334,200—a figure that suggests a balanced market for both first-time buyers and seasoned investors. For renters, the median rent is $1,431 per month, which aligns with the income levels and offers a glimpse into the affordability of living in this area. These financial metrics provide a solid foundation for understanding the economic landscape of 85202.

Race & Ethnicity

ZIP 85202 is a culturally diverse community, with a racial and ethnic composition that reflects a blend of backgrounds. The population is 51.39% White, 32.38% Hispanic, 5.9% Black, and 2.22% Asian. This diversity contributes to a rich community fabric, offering a welcoming environment for residents and businesses alike. For those considering a move or investment, this mix can translate into varied cultural amenities, diverse customer bases, and a broad appeal for different demographics.

Key Facts

• Total population: 39,292 residents, offering a sizable community for engagement.
• Total households: 16,665, indicating a strong base of local families and individuals.
• Total housing units: 18,077, suggesting potential availability for new residents or investors.
• Median household income: $66,582, reflecting a stable economic environment.
• Median home value: $334,200, a competitive price point in the regional market.
• Median rent: $1,431, providing insight into rental affordability.
• Racial diversity: 51.39% White, 32.38% Hispanic, 5.9% Black, 2.22% Asian, showcasing a multicultural community.

What This Means for You

For homebuyers, ZIP 85202 offers a balanced housing market with a median home value of $334,200, which could be within reach for many, especially with a median household income of $66,582 supporting local purchasing power. The slight surplus of housing units (18,077 total units versus 16,665 households) might mean less competition for available homes, giving you room to negotiate.

For investors and real estate agents, the data points to potential in both buying and renting markets. With a median rent of $1,431, rental properties could yield steady returns, especially given the area’s population size and diversity. The availability of housing units also suggests opportunities for flipping or long-term holds.

For small-business owners, the diverse population of 39,292 and the cultural mix (over 32% Hispanic and a blend of other backgrounds) mean a wide customer base with varied needs. A median income of $66,582 indicates reasonable disposable income for goods and services, making 85202 a promising spot for retail, dining, or service-based businesses.

For analysts, these metrics provide a snapshot of a stable, diverse, and economically viable area, ideal for deeper market studies or comparative analyses with neighboring ZIP codes.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 85202? Start by visiting ZipcodeGPT to access powerful demographic and housing data tools.
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• Use the insights to make data-driven decisions for your home purchase, investment, or business strategy.