ZIP 85297 - 860Z200US85297 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 85297 for your next home, investment, or business venture, this detailed snapshot offers a clear picture of the area’s demographics and housing landscape. Located in a vibrant part of Arizona, ZIP 85297 boasts a growing population, strong household incomes, and a diverse community. Using the latest 2023 data, this analysis provides actionable insights for homebuyers, real estate investors, small-business owners, and analysts looking to understand the dynamics of this area.

Population & Households

ZIP 85297 is home to a population of 35,535 residents, making it a moderately sized community with room for growth and opportunity. These individuals are distributed across 10,750 households, reflecting a solid base of families and individuals. With 11,146 total housing units in the area, 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.

Income & Housing Costs

One of the standout features of ZIP 85297 is its strong economic profile. The median household income stands at an impressive $132,684, suggesting a community with significant purchasing power and financial stability. This income level positions the area as attractive for businesses seeking a well-off customer base and for homebuyers looking for a prosperous neighborhood.

On the housing front, the median house value in ZIP 85297 is $559,200, reflecting a robust real estate market with high demand. For renters, the median rent is $2,083 per month, indicating that rental properties are also priced at a premium. These figures suggest that while the cost of living is higher than average, the area offers quality housing and potential for long-term value appreciation.

Race & Ethnicity

The demographic makeup of ZIP 85297 is diverse, contributing to a rich cultural fabric that appeals to a wide range of residents and businesses. The racial composition includes 66.39% White, 2.85% Black, 7.81% Asian, and 15.38% Hispanic residents. This diversity can be a draw for families seeking an inclusive community and for businesses aiming to serve a varied customer base. It also reflects a welcoming environment for people from different backgrounds looking to settle in the area.

Key Facts

• Total population: 35,535 residents, indicating a thriving community.
• Total households: 10,750, showing a strong base of local families and individuals.
• Total housing units: 11,146, with some availability for new occupants or investors.
• Median household income: $132,684, highlighting economic strength.
• Median house value: $559,200, reflecting a high-demand real estate market.
• Median rent: $2,083, suggesting a premium rental market.
• Racial diversity: 66.39% White, 15.38% Hispanic, 7.81% Asian, 2.85% Black.

What This Means for You

For homebuyers, ZIP 85297 offers a financially stable community with high-quality housing options. The median home value of $559,200 indicates a strong investment, though it requires a significant budget. The area’s diversity and population size suggest a vibrant neighborhood with good schools and amenities likely nearby.

For real estate investors and agents, the slight surplus of housing units (11,146 total units versus 10,750 households) could signal opportunities for rentals or flips. The high median rent of $2,083 also points to a lucrative rental market for those looking to cater to affluent tenants.

For small-business owners, the high median household income of $132,684 means residents have disposable income to spend on local goods and services. The diverse population also offers a chance to tailor offerings to a broad audience, from cultural products to varied dining options.

For analysts, the data underscores ZIP 85297 as a growth-oriented area with economic vitality. The combination of income, housing costs, and diversity provides a solid foundation for deeper market studies or trend analysis.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 85297? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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