ZIP 85395 - 860Z200US85395 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 85395, located in the vibrant Goodyear area of Arizona, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, agents, small-business owners, and analysts make informed decisions. Let’s dive into the numbers to understand what makes this area unique and how it can align with your goals.

Population & Households

ZIP 85395 is home to a population of 38,701 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 13,602 households, reflecting a strong base of families and individuals who call this area home. With 15,710 total housing units, there’s a mix of occupied and available properties, which could signal opportunities for buyers or investors looking to enter the market. The ratio of households to population suggests an average household size of about 2.8 people, pointing to a community that likely includes a blend of families and smaller households.

Income & Housing Costs

Financially, ZIP 85395 stands out with a median household income of $107,980, indicating a relatively affluent area compared to national averages. This income level supports a robust local economy, which can be a draw for businesses and investors. On the housing front, the median home value is $524,600, reflecting a strong real estate market that may appeal to buyers seeking long-term value or investors eyeing appreciation potential. For renters, the median rent is $1,912 per month, suggesting a competitive rental market that could cater to those not yet ready to buy or looking for flexibility. These figures highlight a community with significant purchasing power and housing demand.

Race & Ethnicity

The demographic makeup of ZIP 85395 showcases a diverse yet predominantly white community, with 60.39% of residents identifying as white. Hispanic or Latino residents make up a significant 23.95%, adding cultural richness to the area. Black or African American residents account for 5.49%, while Asian residents comprise 3.55%. This diversity can be a key consideration for businesses aiming to serve a varied customer base or for families seeking an inclusive environment. Understanding this composition helps paint a fuller picture of the social fabric in 85395 and how it might influence community dynamics or market needs.

Key Facts

• Total population: 38,701 residents, offering a sizable community for engagement or investment.
• Total households: 13,602, indicating a strong residential base.
• Total housing units: 15,710, with potential availability for new buyers or renters.
• Median household income: $107,980, reflecting economic strength.
• Median home value: $524,600, suggesting a premium real estate market.
• Median rent: $1,912, pointing to a competitive rental landscape.
• Racial diversity: 60.39% white, 23.95% Hispanic, 5.49% Black, 3.55% Asian, fostering a varied community.

What This Means for You

For homebuyers, ZIP 85395 offers a prosperous community with a median home value of $524,600, which could mean a solid investment if you’re looking for stability and potential growth. The median income of $107,980 suggests neighbors with financial security, often correlating with well-maintained properties and good schools. Investors and real estate agents will note the balance of 15,710 housing units against 13,602 households, hinting at vacancies or opportunities for flips or rentals, especially with a median rent of $1,912 attracting steady demand. Small-business owners can leverage the diverse population of 38,701 and their strong purchasing power to target a wide range of customers, particularly in retail or services. Analysts can use these metrics to benchmark 85395 against nearby ZIP codes for deeper market studies. Whether you’re settling down, investing, or launching a venture, this area’s data points to opportunity with a community-oriented backdrop.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 85395? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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