ZIP 85203 - 860Z200US85203 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 85203, located in the heart of Mesa, Arizona, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, offers a clear view of the area's population, income levels, housing costs, and cultural diversity. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living or working in this dynamic community.

Population & Households

ZIP 85203 is home to a population of 37,435 residents, making it a moderately sized community with a vibrant mix of families, professionals, and individuals. The area supports 13,125 households, reflecting a strong residential base. With 14,020 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests a stable yet accessible housing environment for those considering a move to ZIP 85203.

Income & Housing Costs

The median household income in ZIP 85203 stands at $72,851, positioning it as a community with solid earning potential. This income level supports a comfortable lifestyle for many residents and indicates a market with purchasing power for local businesses. On the housing front, the median home value is $388,300, reflecting a competitive yet attainable real estate market for buyers and investors. For renters, the median rent is $1,388 per month, which aligns with the area’s income levels and offers a viable option for those not ready to buy. These figures highlight ZIP 85203 as a balanced market for both owning and renting.

Race & Ethnicity

ZIP 85203 boasts a diverse population, which adds to the cultural richness of the area. The racial composition includes 55.88% White, 27.75% Hispanic, 4.69% Black, and 2.18% Asian residents, among others. This diversity creates a welcoming environment for people from various backgrounds, making it an appealing choice for families and individuals seeking an inclusive community. For businesses, this mix offers opportunities to cater to a wide range of cultural preferences and needs, enhancing market potential in ZIP 85203.

Key Facts

• Total population: 37,435 residents, offering a sizable community for engagement.
• Total households: 13,125, indicating a strong residential foundation.
• Total housing units: 14,020, suggesting some availability for new occupants.
• Median household income: $72,851, reflecting a stable economic base.
• Median home value: $388,300, competitive for the region.
• Median rent: $1,388, providing affordable rental options.
• Diverse demographics: 55.88% White, 27.75% Hispanic, with smaller Black and Asian populations.

What This Means for You

For homebuyers, ZIP 85203 offers a promising mix of affordability and value with a median home price of $388,300. The slight surplus of housing units could mean less competition when searching for your ideal property. Investors and real estate agents will find opportunities in this stable market, where income levels support both homeownership and rental demand—consider properties for long-term appreciation or rental income with a median rent of $1,388. Small-business owners can tap into a diverse customer base of over 37,000 residents with solid disposable income, ideal for retail, services, or culturally tailored offerings. Analysts can use these metrics to benchmark ZIP 85203 against neighboring areas, identifying trends in housing or demographic shifts. Across all groups, the area’s diversity and economic stability make it a compelling location to explore.

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