ZIP 85381 - 860Z200US85381 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 85381, located in the Peoria area of Arizona, this demographic and housing snapshot offers a clear picture of the community. Based on 2023 data, this area is home to a sizable population with strong income levels and a competitive housing market. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, understanding the makeup of ZIP 85381 can guide your next steps. Let’s break down the key metrics to help you make informed decisions.

Population & Households

ZIP 85381 is home to 26,895 residents, making it a moderately sized community with a stable residential base. These individuals are distributed across 10,553 households, reflecting a mix of family and individual living arrangements. With 11,393 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking for opportunities. This balance suggests a community that’s neither overcrowded nor underpopulated, offering a comfortable density for both living and business purposes.

Income & Housing Costs

The median household income in ZIP 85381 stands at $94,442, a figure that points to a relatively affluent community with solid earning potential. This income level supports a robust local economy, which can be a draw for businesses seeking a customer base with disposable income. On the housing front, the median home value is $407,900, reflecting a competitive real estate market that aligns with the area’s income demographics. For renters, the median rent is $1,726 per month, indicating a significant cost for those not ready to buy. These figures suggest that while homeownership is within reach for many, renting remains a substantial expense, which could influence decisions for prospective residents and investors alike.

Race & Ethnicity

The demographic composition of ZIP 85381 offers insight into the cultural fabric of the area. The population is predominantly White at 69.36%, with a significant Hispanic presence at 21.23%. Other groups include Black residents at 2.35% and Asian residents at 2.8%. This diversity creates a multifaceted community, which can be a strong asset for businesses aiming to cater to varied tastes and cultural preferences. For homebuyers and investors, this mix may also signal a welcoming environment with opportunities for community engagement across different backgrounds.

Key Facts

• Total population: 26,895 residents, offering a balanced community size.
• Total households: 10,553, indicating a mix of family and solo living.
• Total housing units: 11,393, suggesting some availability for new occupants.
• Median household income: $94,442, reflecting strong local earning power.
• Median home value: $407,900, pointing to a competitive housing market.
• Median rent: $1,726, a notable cost for renters in the area.
• Racial composition: 69.36% White, 21.23% Hispanic, 2.35% Black, 2.8% Asian.

What This Means for You

For homebuyers, ZIP 85381 presents a community with a strong median income and home values that reflect a stable, desirable market. The $407,900 median home price suggests you’ll need to budget accordingly, but the income levels indicate a financially secure area worth the investment. Real estate investors and agents will find potential in the slight surplus of housing units (11,393 vs. 10,553 households), which could mean opportunities for rentals or flips, especially with a median rent of $1,726 attracting steady demand. Small-business owners can leverage the diverse population and solid income base to target a range of customers, particularly in retail or service industries. Analysts studying market trends will appreciate the balanced demographics and housing metrics as indicators of a sustainable local economy. Across all groups, ZIP 85381 offers a foundation for growth and stability.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 85381? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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