ZIP 89148 - 860Z200US89148 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 89148, located in the vibrant Las Vegas area, this demographic and housing snapshot offers a clear picture of what to expect. Based on 2023 data, this area is home to a growing population, diverse community, and a robust housing market. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living or working in 89148.

Population & Households

ZIP 89148 boasts a population of 64,013 residents, making it a sizable and dynamic community. This area supports 23,811 households, reflecting a strong residential base. With 25,232 total housing units, there’s a mix of occupied and available properties, which could signal opportunities for buyers or investors looking to enter the market. The balance between population and housing units suggests a community with room for growth while maintaining a stable residential foundation.

Income & Housing Costs

The median household income in ZIP 89148 stands at $94,926, indicating a relatively affluent area compared to national averages. This income level supports a strong local economy, which can be a draw for businesses and investors. On the housing front, the median home value is $443,600, reflecting a competitive real estate market that may appeal to those seeking long-term value appreciation. For renters, the median rent is $1,920 per month, which aligns with the area’s higher income and property values, suggesting a market geared toward middle- to upper-income households.

Race & Ethnicity

ZIP 89148 is a culturally diverse area, with a racial and ethnic composition that enriches the community. The population identifies as 38.68% White, 23.72% Asian, 12.7% Black, and 16.6% Hispanic. This diversity creates a vibrant social fabric, offering a welcoming environment for residents from various backgrounds. For businesses, this mix can translate into a broad customer base with varied needs and preferences, while homebuyers may appreciate the inclusive atmosphere.

Key Facts

• Total population: 64,013 residents, indicating a sizable community.
• Total households: 23,811, supporting a strong residential presence.
• Total housing units: 25,232, with potential availability for new occupants.
• Median household income: $94,926, reflecting economic stability.
• Median home value: $443,600, suggesting a competitive real estate market.
• Median rent: $1,920, aligning with the area’s income and property trends.
• Diverse population: 38.68% White, 23.72% Asian, 12.7% Black, 16.6% Hispanic.

What This Means for You

For homebuyers, ZIP 89148 offers a promising market with a median home value of $443,600, which could indicate strong future appreciation. The higher median income suggests neighbors with financial stability, often correlating with well-maintained communities. However, with a median rent of $1,920, renting might be a viable short-term option if you’re not ready to buy.

For investors and real estate agents, the balance of 25,232 housing units against 23,811 households hints at potential vacancies or opportunities for flipping or renting properties. The area’s diversity and income levels could attract a wide range of tenants or buyers, making it a strategic location for investment.

For small-business owners, the population of 64,013 and diverse demographic makeup provide a substantial and varied customer base. The median income of $94,926 suggests disposable income for goods and services, while the cultural diversity could inspire tailored offerings to meet unique community needs.

For analysts, these metrics offer a snapshot of a thriving area with economic and social indicators pointing to stability and growth. The data can serve as a benchmark for comparing other ZIP codes or tracking trends over time in 89148.

Run This Study Yourself

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