ZIP 90059 - 860Z200US90059 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 90059, located in the heart of Los Angeles County, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re looking to settle down, grow your portfolio, or establish a local presence, understanding ZIP 90059’s unique characteristics is the first step.

Population & Households

ZIP 90059 is home to a vibrant community of 38,015 residents. This sizable population supports a diverse and active local economy, making it a noteworthy area for both residential and commercial interests. The area comprises 10,245 households, reflecting a strong base of families and individuals. With 10,650 total housing units, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market.

Income & Housing Costs

The median household income in ZIP 90059 stands at $53,840, providing insight into the economic landscape of the area. This figure suggests a moderate income level, which can influence affordability for potential homebuyers and the spending power of local consumers for business owners. On the housing front, the median home value is $566,200—a significant investment that reflects the area’s position within the competitive Los Angeles County real estate market. For renters, the median rent is $1,317 per month, offering a more accessible entry point for those not ready to buy. These figures highlight both opportunities and challenges for different stakeholders in the area.

Race & Ethnicity

ZIP 90059 boasts a richly diverse population, with a racial and ethnic composition that shapes its cultural fabric. The largest demographic group is Hispanic, making up 70.46% of the population, followed by Black residents at 25.02%. White and Asian populations are smaller, accounting for 1.24% and 1.03%, respectively. This diversity can be a significant draw for businesses seeking to cater to varied cultural preferences and for families looking for an inclusive community to call home.

Key Facts

• Total population: 38,015 residents, indicating a substantial community.
• Total households: 10,245, supporting a strong residential base.
• Total housing units: 10,650, suggesting potential availability for new occupants.
• Median household income: $53,840, reflecting moderate economic conditions.
• Median home value: $566,200, indicative of a competitive housing market.
• Median rent: $1,317, offering a more affordable option for non-buyers.
• Dominant demographic: Hispanic at 70.46%, contributing to cultural diversity.

What This Means for You

For homebuyers, ZIP 90059 presents a chance to join a diverse and sizable community, though the median home value of $566,200 signals a need for careful financial planning. The availability of rental options at a median of $1,317 could be a practical starting point if buying isn’t immediate. Real estate investors and agents might find opportunity in the slight surplus of housing units (10,650 vs. 10,245 households), which could indicate room for flipping properties or securing rentals, especially given the area’s population density. Keep an eye on market trends, as the high median home value suggests strong demand. For small-business owners, the population of 38,015 and diverse demographic makeup offer a broad customer base, particularly if your products or services resonate with Hispanic and Black communities. The moderate median income of $53,840 means pricing strategies should align with local purchasing power. Analysts can use these metrics to benchmark ZIP 90059 against neighboring areas, focusing on housing affordability and demographic trends for deeper market studies.

Run This Study Yourself

Want to dive deeper into ZIP 90059 or compare it with other areas? Follow these steps to get tailored insights:

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter any ZIP code to generate a detailed report with the latest data.
• Use the insights to inform your decisions, whether for buying, investing, or business planning.