ZIP 89120 - 860Z200US89120 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 89120, located in the Las Vegas area of Nevada, this demographic and housing snapshot offers a clear picture of the community as of 2023. With a population of nearly 24,000 and a diverse cultural makeup, this area presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, working, or investing in ZIP 89120.

Population & Households

ZIP 89120 is home to 23,797 residents, making it a moderately sized community within the broader Las Vegas metropolitan area. These individuals are distributed across 9,176 households, reflecting a mix of family and individual living arrangements. With 9,861 total housing units in the area, there’s a small buffer of unoccupied or available properties, which could indicate potential for growth or investment. Understanding the population and household dynamics in ZIP 89120 is essential for gauging demand for housing, services, and local businesses.

Income & Housing Costs

The median household income in ZIP 89120 stands at $75,813, suggesting a relatively stable economic base for many residents. This income level supports a housing market where the median home value is $364,800—a figure that reflects the area’s appeal within the competitive Las Vegas region. For renters, the median monthly rent is $1,467, which aligns with the income levels but may pose affordability challenges for some. These financial metrics are critical for homebuyers assessing purchasing power, investors evaluating return potential, and business owners gauging customer spending capacity in ZIP 89120.

Race & Ethnicity

ZIP 89120 boasts a diverse population, with a racial and ethnic composition that enriches the community’s cultural fabric. The breakdown shows 38.14% of residents identifying as White, 39.26% as Hispanic, 8.57% as Asian, and 4.58% as Black. This diversity can be a significant draw for businesses seeking a broad customer base or for families looking for an inclusive environment. Understanding the cultural makeup of ZIP 89120 helps stakeholders anticipate community needs, from tailored marketing strategies to culturally relevant services.

Key Facts

• Total population in ZIP 89120: 23,797 residents.
• Total households: 9,176, indicating a mix of family and solo living.
• Total housing units: 9,861, with some availability for new occupants.
• Median household income: $75,813, reflecting moderate economic stability.
• Median home value: $364,800, competitive for the Las Vegas area.
• Median rent: $1,467 per month, a key consideration for affordability.
• Diverse demographics: 39.26% Hispanic, 38.14% White, 8.57% Asian, 4.58% Black.

What This Means for You

For homebuyers, ZIP 89120 offers a balanced market with a median home value of $364,800, which is accessible for those earning around the area’s median income of $75,813. The diversity and population size suggest a vibrant community with access to varied amenities, though renters should note the $1,467 median rent when budgeting.

For investors and real estate agents, the slight surplus of housing units (9,861 total versus 9,176 households) hints at opportunities for rental properties or flips, especially given the area’s solid income base. The diverse demographic profile also supports demand for a range of housing types and price points in ZIP 89120.

For small-business owners, the population of nearly 24,000 and diverse cultural makeup provide a robust customer pool. The median income level indicates disposable income for goods and services, while the Hispanic plurality (39.26%) and other groups suggest value in culturally tailored offerings.

For analysts, these metrics offer a foundation for deeper studies into housing trends, economic shifts, or community development needs in ZIP 89120, helping to predict future growth or challenges.

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