ZIP 90008 - 860Z200US90008 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 90008, 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 33,000 and a diverse community, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, this article breaks down key metrics on population, income, housing costs, and racial composition to help you make informed decisions.

Population & Households

ZIP 90008 is home to 33,443 residents, making it a moderately sized community within the broader Los Angeles area. These individuals are distributed across 14,740 households, reflecting a mix of family and individual living arrangements. With 16,245 total housing units in the area, there’s a slight surplus of units over households, which could indicate some vacancy or availability for new residents or investors. Understanding the population density and household makeup is crucial for assessing housing demand and community dynamics in this ZIP code.

Income & Housing Costs

The median household income in ZIP 90008 stands at $61,822, which provides insight into the economic profile of the area. This figure suggests a middle-income community, though it’s worth noting that income levels may vary widely across neighborhoods within the ZIP code. On the housing front, the median home value is a striking $1,003,000, reflecting the high demand and premium real estate market often seen in parts of Los Angeles. For renters, the median rent is $1,589 per month, which aligns with the area’s elevated cost of living. These numbers highlight the financial commitment required to live or invest in this community.

Race & Ethnicity

ZIP 90008 boasts a richly diverse population, with a racial and ethnic composition that shapes its cultural landscape. The largest demographic group is Black or African American, accounting for 60.54% of residents. Hispanic or Latino individuals make up 26.97%, while White residents represent 5.72% of the population. Asian residents comprise 3.53%. This diversity contributes to a vibrant community atmosphere, which can be a draw for those seeking a culturally dynamic place to live or do business.

Key Facts

• Total population: 33,443 residents in ZIP 90008 as of 2023.
• Total households: 14,740, indicating a mix of family and solo living.
• Total housing units: 16,245, suggesting some potential vacancy or availability.
• Median household income: $61,822, reflecting a middle-income community.
• Median home value: $1,003,000, indicative of a high-demand real estate market.
• Median rent: $1,589 per month, consistent with elevated living costs.
• Racial composition: 60.54% Black, 26.97% Hispanic, 5.72% White, 3.53% Asian.

What This Means for You

For homebuyers, ZIP 90008 offers a diverse and vibrant community, but the median home value of over $1 million signals a significant investment. Ensure your budget aligns with these costs, and consider working with a local realtor to find properties that match your needs. Renters should prepare for a median rent of $1,589, which may require a stable income to manage alongside other expenses.

For investors and real estate agents, the slight surplus of housing units (16,245 units vs. 14,740 households) could point to opportunities for rental properties or flips, though the high median home value means a substantial upfront cost. The area’s diversity and population size also suggest a steady demand for housing, which could support long-term investment strategies.

For small-business owners, the population of 33,443 and median income of $61,822 indicate a sizable customer base with moderate purchasing power. Tailor your offerings to the cultural diversity of the area—over 60% Black and nearly 27% Hispanic—to resonate with local residents. Location-based businesses may also benefit from the community’s density and vibrancy.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing affordability, and demographic shifts in ZIP 90008. Pair this data with historical trends or neighboring ZIP code comparisons for a fuller picture.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 90008? 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 needs.
• Use the insights to inform your decisions, whether you’re buying a home, investing, or planning a business venture.