ZIP 90291 - 860Z200US90291 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 90291, located in the vibrant Venice area of Los Angeles, California, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, offers a clear view of the population, income levels, housing costs, and cultural diversity in this unique coastal community. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, these insights can guide your next steps in ZIP 90291.

Population & Households

ZIP 90291 is home to a population of 25,738 residents, making it a moderately sized community within the bustling Los Angeles region. These individuals are distributed across 14,247 households, reflecting a mix of family units, singles, and shared living arrangements. With 16,709 total housing units in the area, there’s a notable presence of both occupied and vacant properties, which could signal opportunities for buyers or investors looking to enter this market.

Income & Housing Costs

The financial profile of ZIP 90291 stands out with a median household income of $119,043, significantly higher than many other areas, indicating a relatively affluent community. However, this comes with a steep cost of living, especially in housing. The median house value in this ZIP code is an eye-watering $2,000,000, reflecting the premium placed on properties in this desirable coastal location. For renters, the median monthly rent is $2,630, which aligns with the high demand for housing in the area. These figures suggest that entering the housing market here requires substantial financial planning, whether buying or renting.

Race & Ethnicity

The cultural fabric of ZIP 90291 is diverse, though it leans predominantly toward one demographic group. White residents make up 67.51% of the population, forming the majority. Hispanic or Latino residents account for 14.3%, adding a significant cultural presence. Black residents represent 5.59%, while Asian residents comprise 5.84%. This mix contributes to a community with varied perspectives and backgrounds, which can be a draw for businesses and residents seeking a dynamic environment.

Key Facts

• Total population: 25,738 residents in ZIP 90291 as of 2023.
• Total households: 14,247, indicating a mix of living arrangements.
• Total housing units: 16,709, with a portion potentially available for new occupants.
• Median household income: $119,043, reflecting a higher-earning community.
• Median house value: $2,000,000, a significant barrier to entry for many buyers.
• Median rent: $2,630 per month, aligning with the area’s premium housing market.
• Racial composition: 67.51% White, 14.3% Hispanic, 5.59% Black, 5.84% Asian.

What This Means for You

For homebuyers, ZIP 90291 offers a prestigious address with access to the iconic Venice Beach lifestyle, but the $2,000,000 median home value means you’ll need deep pockets or creative financing to secure a property. Renters should budget for the $2,630 median rent, which could strain finances without a high income. Investors and real estate agents will find potential in the gap between total housing units (16,709) and households (14,247), suggesting vacant properties or seasonal rentals that could yield returns in this high-demand area. However, the steep entry cost requires careful market analysis. Small-business owners can benefit from the affluent demographic, with a median household income of $119,043 indicating disposable income for goods and services, especially in lifestyle, dining, or boutique sectors. Finally, analysts can use this data to benchmark ZIP 90291 against neighboring areas, identifying trends in housing affordability or demographic shifts.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into ZIP 90291? 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.