ZIP 90029 - 860Z200US90029 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business venture in ZIP 90029, located in the heart of Los Angeles, this demographic and housing snapshot offers a clear picture of the area in 2023. This vibrant community, often associated with neighborhoods like East Hollywood, presents a mix of cultural diversity, economic opportunity, and urban living. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, understanding the population dynamics and housing metrics of 90029 can help you make informed decisions. Let’s dive into the data to uncover what makes this ZIP code unique.

Population & Households

ZIP 90029 is home to a population of 33,830 residents as of 2023. This sizable community is distributed across 13,089 households, reflecting a dense urban environment where many people live in close proximity. The total number of housing units in the area stands at 14,465, indicating a slight surplus of available units compared to occupied households. This could suggest opportunities for renters or buyers looking to settle in the area, though competition remains a factor in such a populated region.

Income & Housing Costs

The median household income in ZIP 90029 is $60,793, which provides a glimpse into the economic profile of the area. While this income level supports a moderate standard of living, it’s worth noting the significant housing costs that residents face. The median house value here is a striking $1,066,200, reflecting the high demand for property in this part of Los Angeles. For renters, the median rent is $1,644 per month, which aligns with the urban rental market but may pose challenges for those with tighter budgets. These figures highlight the premium placed on living in 90029, where housing costs often outpace income growth.

Race & Ethnicity

One of the standout features of ZIP 90029 is its cultural diversity. The racial and ethnic composition of the area breaks down as follows: 48.92% Hispanic, 26.86% White, 17.14% Asian, and 4.23% Black, with the remainder comprising other or mixed-race individuals. This rich tapestry of backgrounds contributes to a dynamic community atmosphere, evident in local businesses, cuisine, and cultural events. For those looking to engage with or serve a diverse population, 90029 offers a unique and inclusive environment.

Key Facts

• Total population in ZIP 90029: 33,830 residents.
• Total households: 13,089, indicating a dense living arrangement.
• Total housing units: 14,465, with some vacancy potential.
• Median household income: $60,793, reflecting moderate earning capacity.
• Median house value: $1,066,200, showcasing a high-cost real estate market.
• Median rent: $1,644, consistent with urban rental trends.
• Diverse demographics: nearly 49% Hispanic, with significant White and Asian populations.

What This Means for You

For homebuyers, ZIP 90029 presents a high-cost but potentially rewarding market. With median home values exceeding $1 million, purchasing property here is a significant investment, best suited for those with substantial financial resources or an eye on long-term appreciation. The diversity and urban vibrancy make it an appealing place to call home if you value cultural richness and city amenities.

For investors and real estate agents, the slight surplus of housing units (14,465 total units versus 13,089 households) could signal opportunities for rental properties or flips, though the high median home value means a substantial upfront investment. The area’s population density and diversity also suggest a steady demand for housing, particularly rentals, given the median rent of $1,644.

For small-business owners, the diverse population of 33,830 offers a broad customer base. Tailoring products or services to reflect the cultural mix—especially the large Hispanic community—could be a smart strategy. Additionally, the moderate median income of $60,793 suggests focusing on value-driven offerings to appeal to local consumers.

For analysts, the data points to a competitive urban market with high housing costs and a culturally rich population. These factors could influence studies on affordability, gentrification, or community development in 90029.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 90029? Start by visiting ZipcodeGPT for a user-friendly way to access detailed demographic and housing data.
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