ZIP 89146 - 860Z200US89146 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 89146 in Las Vegas, Nevada, as a place to live, invest, or start a business, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the community’s population, income levels, housing costs, and diversity. Whether you’re a homebuyer looking for affordability, an investor eyeing market potential, or a small-business owner seeking the right customer base, these insights will help you make informed decisions about ZIP 89146.

Population & Households

ZIP 89146 is home to a population of 20,727 residents, making it a moderately sized community within the Las Vegas area. These individuals are distributed across 7,749 households, reflecting a mix of family and individual living arrangements. With 8,385 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to purchase property in this ZIP code.

Income & Housing Costs

The median household income in ZIP 89146 stands at $64,330, positioning it as a middle-income area. This income level suggests a community with a stable economic base, appealing to families and professionals alike. On the housing front, the median home value is $432,700, which reflects a competitive real estate market in the Las Vegas region. For renters, the median rent is $1,407 per month, indicating a significant cost for those not ready to buy. These figures highlight the importance of budgeting carefully, whether you’re planning to purchase a home or lease in this area.

Race & Ethnicity

ZIP 89146 boasts a diverse population, which adds to the cultural richness of the area. The racial and ethnic composition breaks down as follows: 38.42% White, 9.58% Black, 11.64% Asian, and 36.39% Hispanic. This diversity creates a vibrant community, offering opportunities for businesses to cater to varied cultural preferences and for residents to enjoy a multicultural environment. For investors and small-business owners, this mix can translate into a broad customer base with unique needs and interests.

Key Facts

• Total population: 20,727 residents in ZIP 89146 as of 2023.
• Total households: 7,749, indicating a mix of family and solo living.
• Total housing units: 8,385, suggesting some availability for new occupants.
• Median household income: $64,330, reflecting a middle-income community.
• Median home value: $432,700, competitive for the Las Vegas market.
• Median rent: $1,407 per month, a notable cost for renters.
• Diversity: Significant Hispanic (36.39%) and White (38.42%) populations, with notable Asian (11.64%) and Black (9.58%) representation.

What This Means for You

For homebuyers, ZIP 89146 offers a chance to join a diverse, middle-income community with home values around $432,700. While the price point is competitive, it’s crucial to weigh this against the median household income of $64,330 to ensure affordability. Renters should note the $1,407 median rent, which may impact monthly budgets significantly.

Investors and real estate agents will find potential in the slight surplus of housing units (8,385 total units versus 7,749 households), which could signal opportunities for rentals or flips. The area’s diversity also suggests a steady demand for housing across different demographic groups, enhancing market stability.

Small-business owners can leverage the cultural diversity of ZIP 89146 to tailor products or services to a wide audience. With over 20,000 residents and a solid income base, there’s room to build a loyal customer base, especially for businesses that cater to family needs or cultural preferences.

Analysts studying this ZIP code will appreciate the balanced demographic profile and economic indicators, which point to a stable, growing community. These metrics can inform broader market trends or pinpoint specific investment opportunities in the Las Vegas area.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 89146? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, housing, and income data tailored to your needs.
• Use the insights to make smarter decisions, whether you’re buying a home, investing, or planning a business in the area.