ZIP 85743 - 860Z200US85743 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 85743, located in the Tucson, Arizona area, 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 you make informed decisions. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in understanding this vibrant area.

Population & Households

ZIP 85743 is home to a population of 30,627 residents, making it a moderately sized community with a mix of families, professionals, and retirees. The area supports 12,149 households, reflecting a strong residential base. With 12,757 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for opportunities in this market.

Income & Housing Costs

The median household income in ZIP 85743 stands at $89,484, suggesting a relatively affluent community with solid earning potential. This income level supports a comfortable lifestyle and indicates purchasing power for local businesses. On the housing front, the median home value is $329,200, which aligns with a stable real estate market attractive to buyers seeking long-term value. For renters, the median rent is $1,661 per month, reflecting a premium rental market that could appeal to investors interested in rental properties. These figures highlight ZIP 85743 as a financially sound area for both living and investing.

Race & Ethnicity

The demographic makeup of ZIP 85743 showcases a diverse community with a blend of cultural backgrounds. The racial composition includes 62.97% White, 25.05% Hispanic, 4.87% Asian, and 1.73% Black residents, among others. This diversity creates a rich social fabric, offering opportunities for businesses to cater to varied cultural preferences and for residents to enjoy a multicultural environment. Understanding this mix can help tailor services, marketing, or community engagement strategies to resonate with the local population.

Key Facts

• Total population: 30,627 residents, offering a sizable community for engagement or customer base.
• Total households: 12,149, indicating a strong residential presence.
• Median household income: $89,484, reflecting economic stability and spending power.
• Median home value: $329,200, suggesting a solid real estate market for buyers and investors.
• Median rent: $1,661, pointing to a competitive rental market.
• Racial diversity: Predominantly White (62.97%) and Hispanic (25.05%), with smaller Asian (4.87%) and Black (1.73%) populations.
• Total housing units: 12,757, with a small surplus over occupied households, hinting at potential availability.

What This Means for You

For homebuyers, ZIP 85743 offers a stable housing market with a median home value of $329,200, ideal for those seeking a long-term investment in a community with strong income levels. The slight surplus of housing units may provide negotiating room or options to find the right property. Real estate investors and agents can capitalize on the rental market, where a median rent of $1,661 suggests demand for quality housing, as well as potential in purchasing properties for appreciation given the area’s economic health. Small-business owners will find a diverse and relatively affluent customer base of over 30,000 residents with a median household income of nearly $90,000, perfect for targeting products or services to a variety of cultural and economic segments. Analysts can use these metrics to benchmark ZIP 85743 against other areas, noting its diversity and financial stability as key drivers of growth potential.

Run This Study Yourself

• Curious about diving deeper into ZIP 85743 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to access detailed demographic data.
• Input any ZIP code to generate a comprehensive report tailored to your needs, covering population, housing, income, and more.
• Use the insights to inform your decisions, whether you’re buying a home, investing, or planning a business venture in the area.