ZIP 89142 - 860Z200US89142 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 89142 in Las Vegas, Nevada, for your next home purchase, investment property, or business venture, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the area’s population, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in 89142.

Population & Households

ZIP code 89142 is home to a vibrant community of 35,298 residents. This population is spread across 10,531 households, indicating a mix of family sizes and living arrangements. With 11,708 total housing units in the area, there’s a noticeable gap between occupied and available units, which could signal opportunities for buyers or investors looking to fill vacant properties. The average household size here suggests a community that likely includes families, couples, and individuals seeking affordable living in the Las Vegas metro area.

Income & Housing Costs

The median household income in ZIP 89142 stands at $65,798, reflecting a moderate earning capacity that aligns with many working-class and middle-income families. When it comes to housing, the median home value is $323,200, which may appeal to buyers seeking relatively affordable entry points into the Las Vegas market compared to pricier neighboring areas. For renters, the median rent is $1,448 per month, indicating a significant cost for those not ready to buy. These figures suggest that 89142 offers a balance of affordability and accessibility, though housing costs could strain budgets for some income brackets.

Race & Ethnicity

ZIP 89142 boasts a richly diverse population, with a racial and ethnic composition that reflects a multicultural community. The largest group identifies as Hispanic, making up 58.9% of residents, followed by White residents at 18.82%. Asian individuals account for 10.54% of the population, while Black residents comprise 6.92%. This diversity shapes the cultural fabric of the area, offering a unique blend of traditions, languages, and community dynamics that can be a draw for businesses and residents alike.

Key Facts

• Total population: 35,298 residents in 2023.
• Total households: 10,531, supporting a mix of family and individual living.
• Total housing units: 11,708, with some vacancy potential for investors.
• Median household income: $65,798, indicative of a middle-income community.
• Median home value: $323,200, offering a competitive price point in Las Vegas.
• Median rent: $1,448, a notable expense for non-homeowners.
• Dominant ethnicity: Hispanic at 58.9%, highlighting significant cultural diversity.

What This Means for You

For homebuyers, ZIP 89142 presents an opportunity to enter the Las Vegas housing market at a median price of $323,200, which may be more accessible than other parts of the city. The area’s diversity and population size suggest a lively community with access to local amenities, though you’ll want to factor in the median rent of $1,448 if considering a rental property purchase. Investors and real estate agents should note the gap between total housing units and occupied households, as this could indicate potential for flipping or renting out properties in a growing area. Small-business owners can benefit from the diverse demographic, tailoring products or services to a predominantly Hispanic customer base while tapping into a population of over 35,000 potential clients. Analysts will find the income and housing data useful for market trend studies, especially when paired with the area’s unique cultural makeup.

Run This Study Yourself

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