ZIP 89131 - 860Z200US89131 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 89131, located in the Las Vegas area of Nevada, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 50,000 and a robust median household income, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes ZIP 89131 stand out.

Population & Households

ZIP 89131 is home to 50,578 residents, making it a sizable suburban community with a strong residential base. These individuals are distributed across 17,714 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 18,463, indicating a slight surplus of available homes relative to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

One of the standout features of ZIP 89131 is its median household income of $114,373, which positions it as an affluent area compared to many other regions. This strong earning power supports a housing market with a median home value of $498,600, reflecting a premium on property ownership. For renters, the median monthly rent is $1,920, which aligns with the area’s higher cost of living but also indicates a demand for quality rental options. These figures suggest that ZIP 89131 caters to a demographic with significant purchasing power, which could influence business and investment decisions.

Race & Ethnicity

The demographic makeup of ZIP 89131 is diverse, offering a glimpse into the cultural fabric of the community. The population is predominantly White at 60.73%, followed by Hispanic or Latino residents at 16.12%. Black or African American individuals make up 9.69% of the population, while Asian residents account for 4.49%. This diversity can be a draw for businesses seeking to serve a varied customer base or for families looking for an inclusive environment to call home.

Key Facts

• Total population: 50,578 residents in ZIP 89131 as of 2023.
• Total households: 17,714, supporting a strong community base.
• Total housing units: 18,463, with some availability for new occupants.
• Median household income: $114,373, indicating significant local earning power.
• Median home value: $498,600, reflecting a premium housing market.
• Median rent: $1,920 per month, catering to a higher-end rental demographic.
• Racial composition: 60.73% White, 16.12% Hispanic, 9.69% Black, 4.49% Asian.

What This Means for You

For homebuyers, ZIP 89131 offers a stable, affluent community with home values around $498,600, ideal for those seeking long-term value in a growing area. The slight surplus of housing units (18,463 total versus 17,714 households) may provide some negotiating room, though the median price point reflects a competitive market. Investors and real estate agents can capitalize on the area’s strong median income of $114,373, which supports demand for both purchase and rental properties—note the $1,920 median rent as a benchmark for potential returns. Small-business owners will find a diverse customer base of over 50,000 residents, with disposable income to support retail, services, or dining ventures. Finally, analysts can use these metrics to assess market trends, from housing availability to demographic shifts, in one of Las Vegas’s promising ZIP codes.

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