ZIP 89147 - 860Z200US89147 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 89147 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 area’s population, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer looking for affordability, an investor seeking opportunities, or a small-business owner evaluating market potential, these insights will help you make informed decisions about 89147.

Population & Households

ZIP code 89147 is home to a substantial population of 56,108 residents as of 2023. This sizable community is distributed across 21,476 households, indicating a mix of family and individual living arrangements. With 22,831 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could suggest availability for new residents or investors looking to enter the market. This balance between population and housing stock offers a glimpse into the area’s capacity to accommodate growth or shifts in demand.

Income & Housing Costs

The median household income in ZIP 89147 stands at $73,025, reflecting a solid economic base for many residents. This income level supports a housing market where the median house value is $376,900—a figure that positions 89147 as a potentially accessible entry point for homebuyers in the Las Vegas region, depending on individual budgets. For renters, the median rent is $1,732 per month, which aligns with the income levels but may require careful budgeting for some households. These metrics suggest a market that balances affordability with value, appealing to a range of financial situations.

Race & Ethnicity

ZIP 89147 boasts a diverse cultural makeup, which adds to its vibrancy and appeal for residents and businesses alike. The racial and ethnic composition in 2023 breaks down as follows: 35.06% White, 13.92% Black, 19.41% Asian, and 24.07% Hispanic. This diversity creates a rich community fabric, offering opportunities for cultural exchange and a broad customer base for businesses. For investors and small-business owners, this mix can translate into a dynamic market with varied needs and preferences.

Key Facts

• Total population in ZIP 89147: 56,108 residents.
• Total households: 21,476, supporting a mix of family and solo living.
• Total housing units: 22,831, indicating potential availability for new occupants.
• Median household income: $73,025, reflecting a stable economic foundation.
• Median house value: $376,900, offering a balanced entry point for buyers.
• Median rent: $1,732, aligning with local income levels.
• Diverse demographics: 35.06% White, 13.92% Black, 19.41% Asian, 24.07% Hispanic.

What This Means for You

For homebuyers, ZIP 89147 presents a compelling option with a median house value of $376,900 and a median income of $73,025, suggesting a market where homeownership is within reach for many. The slight surplus of housing units (22,831 total versus 21,476 households) could mean less competition for available properties, though renters should note the median rent of $1,732 and plan accordingly. Investors and real estate agents will find opportunities in this balance of supply and demand, especially with a diverse population of 56,108 to drive rental or resale interest. Small-business owners can leverage the cultural diversity—spanning White, Black, Asian, and Hispanic communities—to tailor products or services to a wide audience, while the solid income levels indicate reasonable purchasing power. Analysts can use these metrics to benchmark 89147 against other ZIP codes for growth potential or market trends. Whatever your goal, these data points provide a foundation for strategic planning in this dynamic area.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 89147? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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