ZIP 85629 - 860Z200US85629 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business venture in ZIP 85629, located in Arizona, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 30,000 and a strong median household income, this ZIP code presents opportunities for homebuyers, real estate investors, agents, small-business owners, and analysts. Below, we break down key metrics on population, income, housing costs, and diversity to help you make informed decisions about living or working in this community.

Population & Households

ZIP 85629 is home to 30,989 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 9,584 households, reflecting a solid base of family and individual units. With 10,393 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. This balance suggests a stable yet growing community, ideal for those seeking a place to settle or expand their portfolio.

Income & Housing Costs

One of the standout features of ZIP 85629 is its robust median household income of $106,039, which points to a financially secure population. This figure is notably higher than many national averages, signaling strong earning potential and economic stability for residents and businesses alike. On the housing front, the median home value stands at $313,600, offering a reasonable entry point for buyers in a market with solid income levels. For renters, the median rent is $1,770 per month, reflecting a premium for leasing in this desirable area. These metrics suggest that both owning and renting come with costs that align with the area’s higher income bracket, making it a potentially lucrative spot for real estate investment or business development.

Race & Ethnicity

The demographic makeup of ZIP 85629 showcases a diverse community, which can be a draw for those seeking an inclusive environment. The racial composition includes 53.55% White, 36.97% Hispanic, 2.18% Black, and 1.26% Asian residents. This blend of backgrounds contributes to a culturally rich area, appealing to families, businesses, and investors who value diversity. The significant Hispanic population, in particular, highlights opportunities for culturally tailored services or businesses that cater to this demographic, while the majority White population provides a broad base for mainstream market appeal.

Key Facts

• Total population: 30,989 residents in ZIP 85629 as of 2023.
• Total households: 9,584, indicating a strong community base.
• Total housing units: 10,393, suggesting potential availability for new occupants.
• Median household income: $106,039, reflecting economic strength.
• Median home value: $313,600, a competitive price for the income level.
• Median rent: $1,770, aligning with the area’s higher cost of living.
• Racial diversity: 53.55% White, 36.97% Hispanic, 2.18% Black, 1.26% Asian.

What This Means for You

For homebuyers, ZIP 85629 offers a financially stable community with a median home value of $313,600, which is accessible given the high median income of $106,039. The slight surplus of housing units could mean less competition when searching for a property. Investors and agents will find potential in this market, as the income levels support higher property values and rental rates ($1,770 median rent), suggesting good returns on investment properties. The diversity of the area also means a broad tenant or buyer pool. For small-business owners, the strong income and diverse population present a promising customer base, especially for businesses that cater to Hispanic or family-oriented markets. Analysts can use these metrics to benchmark ZIP 85629 against other areas, noting its economic health and growth potential as key indicators for future studies or investments.

Run This Study Yourself

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