ZIP 85614 - 860Z200US85614 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 85614 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in a region with a diverse community and a stable housing market, this area offers unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest 2023 data, this snapshot provides a clear picture of population trends, income levels, housing costs, and racial composition in ZIP 85614. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 85614 is home to a population of 24,696 residents, making it a moderately sized community with a mix of families, retirees, and working professionals. This population is distributed across 13,861 households, reflecting a community with a strong residential base. With 16,985 total housing units in the area, there’s a notable presence of both occupied and vacant 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 that aligns with small to medium-sized families or shared living arrangements.

Income & Housing Costs

The median household income in ZIP 85614 stands at $62,599, indicating a community with a solid economic foundation. This income level supports a comfortable lifestyle for many residents and suggests a market where discretionary spending could benefit local businesses. On the housing front, the median house value is $272,900, which positions this area as a reasonably accessible market for first-time buyers or those seeking value compared to pricier regions. For renters, the median rent is $1,198 per month, reflecting a rental market that caters to a range of budgets but may require careful financial planning for some households.

Race & Ethnicity

The demographic makeup of ZIP 85614 is predominantly White, with 80.4% of the population identifying as such. Hispanic or Latino residents make up 14.99% of the population, contributing to the area’s cultural diversity. Black or African American residents account for 1.54%, while Asian residents represent 0.87%. This composition points to a community with a strong White majority but with meaningful representation from other racial and ethnic groups, fostering a blend of perspectives and traditions that can enrich local life and business interactions.

Key Facts

• Total population: 24,696 residents in 2023.
• Total households: 13,861, supporting a residential community.
• Total housing units: 16,985, with potential for both buyers and investors.
• Median household income: $62,599, reflecting economic stability.
• Median house value: $272,900, offering accessible homeownership options.
• Median rent: $1,198, indicating a moderate rental market.
• Racial composition: 80.4% White, 14.99% Hispanic, 1.54% Black, 0.87% Asian.

What This Means for You

For homebuyers, ZIP 85614 presents a promising opportunity with a median house value of $272,900, which is within reach for many looking to settle in a stable, mid-sized community. The income levels suggest neighbors with steady earning power, often a sign of a well-maintained area. Investors and real estate agents should note the gap between total housing units (16,985) and households (13,861), which could indicate vacant properties or seasonal homes ripe for investment or resale. Rental yields may also be attractive given the median rent of $1,198, though competition and tenant demand should be assessed. Small-business owners can leverage the population of nearly 25,000 and a median income of over $62,000 to target a customer base with disposable income for goods and services. Finally, analysts can use this data as a baseline to track demographic shifts or housing trends over time, especially given the area’s diverse racial makeup.

Run This Study Yourself

Curious to dive deeper into ZIP 85614 or compare it with another area? Uncover detailed insights tailored to your needs with these simple steps:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter any ZIP code to generate a comprehensive report with the latest data.
• Use the insights to make informed decisions for your home purchase, investment, or business strategy.