ZIP 90006 - 860Z200US90006 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 90006, located in the heart of Los Angeles, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 55,000 and a diverse cultural makeup, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down key metrics on population, income, housing costs, and racial composition to help you make informed decisions.

Population & Households

ZIP 90006 is home to 55,192 residents, making it a densely populated urban area. These individuals are spread across 19,268 households, reflecting a community with a mix of family and individual living arrangements. The total number of housing units stands at 21,475, indicating a slight surplus of available properties compared to occupied households. This could suggest opportunities for renters or buyers, though demand and pricing remain critical factors to consider in this competitive market.

Income & Housing Costs

The median household income in ZIP 90006 is $49,847, which is below the national average but reflective of the economic diversity found in many urban Los Angeles neighborhoods. Housing costs, however, tell a different story. The median home value is a striking $841,900, signaling a high barrier to entry for potential buyers. For renters, the median rent is $1,396 per month, which may be more accessible for some but still requires a significant portion of income for many households. These figures highlight the importance of financial planning for anyone looking to settle or invest in this area.

Race & Ethnicity

ZIP 90006 stands out for its rich cultural diversity. The racial and ethnic composition is predominantly Hispanic, accounting for 70.85% of the population. Asian residents make up 18.85%, while White and Black populations are smaller at 5.35% and 3.34%, respectively. This vibrant mix shapes the community’s identity, influencing local businesses, cultural events, and social dynamics. For businesses and investors, understanding this demographic makeup can guide marketing strategies and community engagement efforts.

Key Facts

• Total population: 55,192 residents, indicating a bustling urban area.
• Total households: 19,268, with a mix of family and solo living arrangements.
• Total housing units: 21,475, suggesting some availability for new occupants.
• Median household income: $49,847, reflecting economic challenges for some residents.
• Median home value: $841,900, a significant investment in a competitive market.
• Median rent: $1,396, a notable cost for renters in the area.
• Dominant ethnicity: Hispanic at 70.85%, contributing to a culturally rich community.

What This Means for You

For homebuyers, ZIP 90006 offers a vibrant, diverse community but comes with a steep price tag. With median home values near $842,000, securing financing or saving for a substantial down payment is essential. Renters may find more flexibility with a median rent of $1,396, though budgeting for other living expenses in an urban setting is critical.

For investors and real estate agents, the slight surplus of housing units (21,475 total vs. 19,268 occupied) could indicate potential for rental properties or flips, but high property values mean careful market analysis is necessary. The area’s diversity and population density also suggest demand for affordable housing options.

For small-business owners, the demographic profile—especially the large Hispanic population—offers a chance to tailor products, services, and marketing to cultural preferences. A median income of $49,847 suggests focusing on value-driven offerings to meet community needs.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing affordability, and community development in ZIP 90006, especially when compared to neighboring areas or historical data.

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