ZIP 85233 - 860Z200US85233 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 85233, located in the heart of Gilbert, Arizona, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 37,000 and a robust median household income, this ZIP code presents a dynamic community with strong economic indicators. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding these metrics can help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 85233 is home to 37,841 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 14,719 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 15,080, indicating a slight surplus of available homes relative to occupied households. This balance suggests a stable housing market with room for growth or turnover, which could be appealing to prospective buyers or renters looking for options in this area.

Income & Housing Costs

Economically, ZIP 85233 stands out with a median household income of $105,154, pointing to a relatively affluent community with strong purchasing power. This income level supports a housing market where the median home value is $468,600—a figure that reflects a competitive yet attainable market for buyers with solid financial footing. For renters, the median monthly rent is $1,895, which aligns with the area’s higher cost of living but offers access to a desirable location. These numbers highlight ZIP 85233 as a place where residents enjoy a comfortable standard of living, though affordability may be a consideration for some.

Race & Ethnicity

The demographic makeup of ZIP 85233 showcases a diverse community, which can be a draw for those seeking an inclusive environment. The racial composition includes 61.65% White, 4.39% Black, 10.2% Asian, and 18.17% Hispanic residents. This blend of backgrounds contributes to a culturally rich area, offering varied perspectives and opportunities for community engagement. For businesses or investors, this diversity can translate into a broad customer base or a welcoming atmosphere for new residents from different walks of life.

Key Facts

• Total population: 37,841 residents in 2023, indicating a vibrant suburban community.
• Total households: 14,719, showing a strong base of family and individual units.
• Total housing units: 15,080, suggesting availability for new occupants or investors.
• Median household income: $105,154, reflecting economic stability and purchasing power.
• Median home value: $468,600, positioning the area as a competitive housing market.
• Median rent: $1,895 per month, indicative of a premium rental market.
• Diverse population: 61.65% White, 18.17% Hispanic, 10.2% Asian, and 4.39% Black.

What This Means for You

For homebuyers, ZIP 85233 offers a stable and prosperous community with a median home value of $468,600, ideal for those with the means to invest in a growing area. The slight surplus of housing units (15,080 total) compared to households (14,719) suggests you might find some flexibility in the market, though competition could still be stiff given the desirable location and income levels.

For investors and real estate agents, the data points to potential in both buying and renting properties. With a median rent of $1,895, rental properties could yield solid returns, especially for units catering to higher-income renters. The area’s economic strength (median income of $105,154) also supports long-term property value growth, making it a smart consideration for your portfolio.

For small-business owners, the diverse population of 37,841 and strong household income provide a promising customer base. Whether you’re opening a retail shop, service, or restaurant, the cultural mix and financial capacity of residents in ZIP 85233 could drive demand for varied offerings tailored to different tastes and needs.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 85233? 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 costs, and more, tailored to your specific interests.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture with confidence.