ZIP 85296 - 860Z200US85296 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 85296, understanding the area's demographic and housing landscape is essential. Located in a vibrant part of Arizona, this ZIP code offers a mix of suburban appeal and economic opportunity. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural diversity in 85296. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights can guide your next steps with confidence.

Population & Households

The total population of ZIP 85296 stands at 52,058 residents as of 2023, making it a sizable community with a strong residential base. This population is distributed across 17,238 households, indicating a robust demand for housing and local services. Additionally, there are 18,065 total housing units in the area, suggesting a slight surplus of properties that could offer opportunities for buyers or investors looking to enter the market. This balance between population and housing units paints a picture of a stable, family-oriented community with room for growth.

Income & Housing Costs

One of the standout metrics for ZIP 85296 is its median household income, which sits at $117,120 annually. This figure reflects a relatively affluent community with significant purchasing power, an attractive trait for businesses and investors alike. On the housing front, the median house value is $496,200, indicating a strong real estate market where properties hold substantial value. For renters, the median rent is $2,141 per month, which aligns with the area's higher income levels but may pose affordability challenges for some. These numbers suggest that 85296 is a market geared toward middle-to-upper-income households, with housing costs reflecting the area's desirability.

Race & Ethnicity

The demographic makeup of ZIP 85296 showcases a diverse yet predominantly white population. As of 2023, 66.46% of residents identify as white, followed by 17.02% identifying as Hispanic or Latino. Other groups include Black residents at 4.31% and Asian residents at 5.06%. This diversity contributes to a culturally rich community, offering a blend of perspectives and traditions. For businesses, this mix can translate into varied customer needs and opportunities to cater to different cultural preferences. For families and individuals, it signals an inclusive environment with a range of community events and social connections.

Key Facts

• Total population: 52,058 residents, indicating a substantial community size.
• Total households: 17,238, reflecting strong local demand for goods and services.
• Total housing units: 18,065, suggesting potential availability for new buyers or renters.
• Median household income: $117,120, highlighting significant economic strength.
• Median house value: $496,200, pointing to a robust real estate market.
• Median rent: $2,141, aligning with the area's higher income demographic.
• Racial composition: 66.46% white, 17.02% Hispanic, 5.06% Asian, 4.31% Black, showcasing diversity.

What This Means for You

For homebuyers, ZIP 85296 offers a stable and affluent community with median home values around $496,200, ideal for those seeking long-term value in a desirable area. However, with median rents at $2,141, renting might be less affordable for some budgets, so weigh your options carefully. Real estate investors and agents will find opportunity in the slight surplus of housing units (18,065 vs. 17,238 households), which could mean room to negotiate deals or attract new tenants. The high median income of $117,120 also suggests residents have disposable income, a boon for small-business owners looking to tap into a market with strong purchasing power. Analysts can use these metrics to benchmark 85296 against neighboring areas, identifying trends in housing demand or demographic shifts. Overall, this ZIP code presents a balanced mix of opportunity and stability for various stakeholders.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 85296? 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 needs.
• Use the insights to make informed decisions, whether you're buying a home, investing in property, or planning a business venture.