ZIP Code 90047 — Demographics & Housing Data 2023

Overview

If you're considering a move, investment, or business opportunity in ZIP 90047, located in the heart of Los Angeles, California, understanding the area's demographic and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and cultural diversity in this vibrant community. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about ZIP 90047.

Population & Households

ZIP 90047 is home to a population of 50,925 residents, making it a sizable urban community within Los Angeles. These individuals are distributed across 17,198 households, reflecting a mix of family and individual living arrangements. With 18,042 total housing units in the area, there’s a slight surplus of units over households, which could indicate some availability for new residents or investors looking to enter the market. This balance between population and housing suggests a stable, yet dynamic, residential environment.

Income & Housing Costs

The median household income in ZIP 90047 stands at $70,187, positioning it as a community with moderate earning power relative to broader Los Angeles County. For homebuyers and investors, the median house value of $648,200 reflects the area’s appeal and the competitive nature of the local real estate market. This value underscores the potential for long-term appreciation, especially in a city known for high demand. Meanwhile, renters face a median rent of $1,492 per month, which is significant but aligns with urban living costs in the region. These figures highlight the financial commitment required to live or invest in ZIP 90047, offering a realistic benchmark for budgeting and planning.

Race & Ethnicity

ZIP 90047 is a culturally rich and diverse area, with a racial and ethnic composition that reflects the broader mosaic of Los Angeles. The majority of residents identify as Black, comprising 52.27% of the population, followed by a substantial Hispanic or Latino population at 38.7%. White residents make up 2.68%, while Asian residents account for 0.73%. This diversity shapes the community’s identity, influencing local businesses, cultural events, and social dynamics. For those looking to connect with or serve this community, understanding these demographics is key to building meaningful relationships and tailored offerings.

Key Facts

• Total population: 50,925 residents, indicating a robust urban community.
• Total households: 17,198, reflecting a mix of family and solo living.
• Total housing units: 18,042, suggesting some availability for new occupants.
• Median household income: $70,187, a moderate income level for the region.
• Median house value: $648,200, highlighting a competitive real estate market.
• Median rent: $1,492, aligning with urban rental costs in Los Angeles.
• Dominant demographics: 52.27% Black and 38.7% Hispanic, showcasing diversity.

What This Means for You

For homebuyers, ZIP 90047 offers a chance to join a diverse and established community, though the median house value of $648,200 signals the need for substantial financial readiness. The slight surplus of housing units may provide some negotiation leverage, but competition remains high in this market. Real estate investors and agents will find opportunities in the area’s appreciating property values and stable population base, ideal for long-term rental or resale strategies. Small-business owners can tap into the cultural diversity and sizable population of over 50,000 to offer products or services that resonate with the majority Black and Hispanic demographics—think community-focused initiatives or culturally relevant marketing. Analysts can use these metrics to benchmark ZIP 90047 against neighboring areas, identifying trends in income, housing, or population shifts that inform broader market studies. Across all groups, the data points to a community with both challenges and opportunities, rooted in its urban setting and demographic makeup.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 90047? 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 costs, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you're buying a home, investing, or planning a business venture in any area.