ZIP 85718 - 860Z200US85718 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 85718, located in the Tucson, Arizona area, this demographic and housing snapshot offers a clear picture of what to expect. Based on 2023 data, this area stands out with a sizable population, strong income levels, and high property values. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living, working, or investing in this community.

Population & Households

ZIP 85718 is home to a population of 27,721 residents, making it a moderately sized community with a diverse mix of individuals and families. The area supports 12,971 households, reflecting a strong residential base. With 15,138 total housing units, there’s a notable inventory of homes, though not all are occupied, suggesting potential opportunities for buyers or investors looking to enter the market. This balance of population and housing creates a stable environment for both residents and businesses seeking to establish roots.

Income & Housing Costs

One of the standout features of ZIP 85718 is its robust economic profile. The median household income here is $112,664, indicating a relatively affluent community with significant purchasing power. This income level supports a high quality of life and can attract businesses catering to upscale or professional demographics. On the housing front, the median home value is $677,400, positioning this area as a premium real estate market. For renters, the median rent is $1,224 per month, which is reasonable compared to home values but still reflects the area’s higher cost of living. These figures suggest that both owning and renting in this ZIP code require substantial financial planning.

Race & Ethnicity

The demographic makeup of ZIP 85718 offers a glimpse into its cultural diversity. The population is predominantly White at 69.28%, with smaller but significant representation from other groups: Hispanic residents make up 12.01%, Asian residents account for 8.5%, and Black residents comprise 2.42%. This mix indicates a community with varied cultural influences, which can be a draw for families seeking inclusive environments or businesses aiming to serve a broad customer base. Understanding this diversity can help tailor real estate strategies or marketing approaches to resonate with local residents.

Key Facts

• Total population: 27,721 residents, offering a substantial community base.
• Total households: 12,971, reflecting a strong residential presence.
• Total housing units: 15,138, with some unoccupied units potentially available for purchase or rental.
• Median household income: $112,664, indicating significant economic strength.
• Median home value: $677,400, positioning this as a high-value real estate market.
• Median rent: $1,224, a notable but manageable cost for renters.
• Racial composition: 69.28% White, 12.01% Hispanic, 8.5% Asian, 2.42% Black, showcasing diversity.

What This Means for You

For homebuyers, ZIP 85718 presents a premium market with high home values averaging $677,400, ideal for those seeking long-term investment in a stable, affluent area. Be prepared for a competitive market and ensure your budget aligns with these costs. Real estate investors and agents will find opportunities in the gap between total housing units (15,138) and occupied households (12,971), suggesting potential for flipping, rentals, or new listings. The high median income of $112,664 also signals that buyers in this area likely have strong financial backing. Small-business owners can leverage the community’s diversity and income levels to offer tailored products or services, especially in sectors like professional services, retail, or dining that cater to an upscale demographic. Analysts can use these metrics to benchmark ZIP 85718 against other areas, identifying trends in housing demand or economic growth. Across all groups, the data points to a community with strong fundamentals but a higher entry cost.

Run This Study Yourself

• Curious about diving deeper into ZIP 85718 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Input any ZIP code to access detailed population, income, and housing insights tailored to your needs.
• Use the generated reports to inform your next move, whether it’s buying a home, investing, or launching a business.