ZIP 90017 - 860Z200US90017 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 90017, located in the heart of Los Angeles, this demographic and housing snapshot offers a clear picture of the area in 2023. With a diverse population, a mix of rental and ownership options, and a dynamic economic profile, this ZIP code presents unique opportunities and challenges. 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 90017.

Population & Households

ZIP 90017 is home to a population of 28,981 residents as of 2023, making it a densely populated urban area. These individuals are distributed across 14,148 households, reflecting a community with a significant number of smaller living arrangements, likely due to the urban setting. The total number of housing units stands at 15,953, indicating a slight surplus of available homes compared to occupied households. This could suggest opportunities for renters or buyers looking to enter the market, though competition in such a central location remains a factor.

Income & Housing Costs

The median household income in ZIP 90017 is $51,317, which provides a benchmark for understanding the economic capacity of residents. This figure suggests a moderate income level, potentially reflecting a mix of professionals, service workers, and other occupations typical of an urban core. Housing costs, however, are notably high, with a median house value of $675,500. This aligns with the premium often associated with Los Angeles real estate, particularly in central areas like 90017. For renters, the median rent is $1,669 per month, which may be a significant portion of income for many households but reflects the cost of living in a desirable urban location.

Race & Ethnicity

The racial and ethnic composition of ZIP 90017 highlights its diversity, a hallmark of many Los Angeles neighborhoods. The largest demographic group is Hispanic, accounting for 56.42% of the population, followed by Asian residents at 17.94%. Black residents make up 12.56%, while White residents comprise 10.91%. This multicultural environment shapes the community’s culture, businesses, and social dynamics, offering a vibrant backdrop for residents and entrepreneurs alike. Understanding this diversity can be key for businesses tailoring services or investors assessing market demand.

Key Facts

• Total population: 28,981 residents in 2023, indicating a bustling urban area.
• Total households: 14,148, with many likely in multi-family or apartment settings.
• Total housing units: 15,953, suggesting some availability for new occupants.
• Median household income: $51,317, reflecting a moderate earning base.
• Median house value: $675,500, indicative of a high-cost real estate market.
• Median rent: $1,669 per month, a significant expense for many residents.
• Dominant demographic: Hispanic at 56.42%, showcasing a culturally rich community.

What This Means for You

For homebuyers, ZIP 90017 offers a chance to live in a central, vibrant part of Los Angeles, but the median house value of $675,500 means you’ll need substantial financial readiness or a focus on financing options. Renters should budget carefully, as the median rent of $1,669 can strain finances on a median income of $51,317. Investors and real estate agents will find potential in the slight surplus of housing units (15,953 vs. 14,148 households), which could indicate room for rental or flip opportunities, though high property values require careful cost-benefit analysis. Small-business owners can leverage the diverse population of nearly 29,000, especially the large Hispanic community, to offer culturally relevant products or services. Analysts can use these metrics to track urban trends, particularly in income disparity and housing affordability in central LA. Across all groups, the diversity and density of 90017 signal both opportunity and the need for tailored strategies.

Run This Study Yourself

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