ZIP 85383 - 860Z200US85383 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 85383, located in the vibrant Peoria area of Arizona, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family-friendly neighborhood or a strategic market for growth, understanding ZIP 85383’s profile is your first step.

Population & Households

ZIP 85383 is home to a substantial population of 72,101 residents as of 2023, making it a sizable and active community. This area supports 24,404 households, reflecting a strong residential base. With 25,570 total housing units, there’s a modest buffer of available properties, suggesting a balanced market where demand and supply are relatively aligned. For families and individuals looking to settle here, this indicates a community with room to grow while maintaining a stable, established feel.

Income & Housing Costs

One of the standout metrics for ZIP 85383 is its median household income of $138,671, which points to a prosperous area with significant earning power. This figure suggests that residents have the financial capacity to support local businesses and sustain a high quality of life. On the housing front, the median home value stands at $607,700, reflecting a premium market that could appeal to investors seeking long-term appreciation. For renters, the median rent of $2,371 indicates a competitive rental landscape, likely driven by demand for quality housing in this affluent zone. These numbers position ZIP 85383 as a desirable yet costly area to live or invest in.

Race & Ethnicity

The demographic makeup of ZIP 85383 offers insight into its cultural diversity. The population is predominantly White at 73.02%, with smaller but notable representation from other groups: Hispanic residents make up 9.92%, Asian residents account for 8.44%, and Black residents comprise 2.73%. This composition suggests a primarily homogeneous community with pockets of diversity, which could influence local culture, business offerings, and community dynamics. For businesses and investors, understanding this mix can help tailor services or marketing strategies to resonate with the area’s residents.

Key Facts

• Total population in ZIP 85383: 72,101 residents as of 2023.
• Total households: 24,404, indicating a strong residential foundation.
• Total housing units: 25,570, showing a slight surplus over occupied homes.
• Median household income: $138,671, reflecting high earning potential.
• Median home value: $607,700, positioning this as a premium housing market.
• Median rent: $2,371, suggesting a competitive rental environment.
• Racial composition: 73.02% White, 9.92% Hispanic, 8.44% Asian, 2.73% Black.

What This Means for You

For homebuyers, ZIP 85383 offers a prosperous community with high median incomes and home values, ideal for those seeking a long-term investment in a stable, family-oriented area. However, the elevated costs—both for buying ($607,700 median value) and renting ($2,371 median rent)—mean you’ll need to budget accordingly. For real estate investors and agents, the area’s income levels and housing metrics suggest strong potential for appreciation and rental demand, though the premium pricing may limit short-term flips. Focus on properties that cater to affluent families or professionals. For small-business owners, the high disposable income of residents ($138,671 median) creates opportunities for premium goods and services, while the diverse (yet predominantly White) population offers a chance to appeal to a broad but specific customer base. Finally, analysts can use these metrics to benchmark ZIP 85383 against neighboring areas, identifying trends in wealth distribution and housing affordability.

Run This Study Yourself

Want to dive deeper into ZIP 85383 or compare it with another area? Follow these steps to uncover detailed insights tailored to your needs:

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter any ZIP code to generate a comprehensive report with the latest data.
• Use the insights to make informed decisions for buying, investing, or starting a business.