ZIP 90007 - 860Z200US90007 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 90007 for your next home, investment, or business venture, understanding the area’s demographics and housing landscape is essential. Located in the heart of Los Angeles, this ZIP code offers a diverse community and a dynamic real estate market. This snapshot, based on 2023 data, breaks down population trends, household income, housing costs, and ethnic composition to help homebuyers, investors, agents, small-business owners, and analysts make informed decisions. Let’s dive into the numbers and uncover what makes 90007 unique.

Population & Households

ZIP code 90007 is home to a vibrant population of 39,253 residents as of 2023. This sizable community is distributed across 12,451 households, reflecting a dense urban environment. The total number of housing units in the area stands at 14,153, indicating a mix of occupied and vacant properties. For those eyeing this area, the population density suggests a lively, active neighborhood with potential for both residential and commercial opportunities.

Income & Housing Costs

Financial metrics are critical when evaluating any area, and ZIP 90007 presents a contrasting picture. The median household income here is $36,032, which is relatively modest compared to broader Los Angeles County figures. This could signal affordability challenges for some residents but also opportunities for investors or businesses targeting budget-conscious consumers. On the housing front, the median house value is a striking $852,900, reflecting the high demand and limited supply typical of urban LA markets. Meanwhile, the median rent is $1,480 per month, offering a more accessible entry point for those not ready to buy. These figures highlight a market where property ownership comes at a premium, but rental options may suit a wider range of budgets.

Race & Ethnicity

Diversity defines ZIP 90007, with a rich cultural tapestry that shapes the community’s character. The largest demographic group is Hispanic, comprising 52.59% of the population, followed by Asian residents at 18.29%, White residents at 16.98%, and Black residents at 8.06%. This multicultural makeup creates a dynamic social environment, appealing to those who value inclusivity and varied perspectives. For businesses, this diversity offers a chance to cater to a wide array of cultural preferences and needs, while homebuyers may appreciate the vibrant, interconnected community.

Key Facts

• Total population in ZIP 90007: 39,253 residents.
• Total households: 12,451, indicating a dense living arrangement.
• Total housing units: 14,153, with some vacancy potential.
• Median household income: $36,032, reflecting a modest earning base.
• Median house value: $852,900, showcasing a high-cost real estate market.
• Median rent: $1,480, offering a more affordable housing option.
• Dominant ethnic group: Hispanic at 52.59%, highlighting significant diversity.

What This Means for You

For homebuyers, ZIP 90007 presents a high-barrier-to-entry market with median home values nearing $853,000. This suggests that purchasing property here is a significant investment, best suited for those with substantial budgets or seeking long-term value appreciation in a dense urban area. Renting, with a median cost of $1,480, might be a more feasible option for those looking to experience the area without committing to ownership.

Investors and real estate agents will note the gap between household income and housing costs, which could indicate opportunities for rental properties or multi-family units to meet demand from lower-to-middle-income residents. The population density and diversity also suggest a steady tenant pool, though high property costs require careful financial planning.

Small-business owners can leverage the diverse demographic profile of 90007 to offer tailored products or services, especially those appealing to Hispanic and Asian communities, which form a significant portion of the population. The modest median income suggests a focus on value-driven offerings could resonate well here.

Analysts studying urban trends will find 90007 a compelling case of economic disparity within a culturally rich setting, offering insights into housing affordability challenges and community dynamics in a major metropolitan area.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 90007? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your specific interests.
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