ZIP Code 90640 — Demographics & Housing Data 2023

Overview

If you’re considering ZIP code 90640 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in a dynamic region, this ZIP code encompasses a sizable population and a diverse community. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the makeup of 90640 can help you make informed decisions. Let’s dive into the key metrics around population, income, housing, and cultural composition to reveal what makes this area unique.

Population & Households

ZIP 90640 is home to a total population of 61,615 individuals as of 2023. This sizable community is distributed across 19,722 households, indicating a robust residential base. With 20,438 total housing units in the area, there’s a slight surplus of units over households, which could suggest some availability for new residents or investors looking to enter the market. The average household size can be inferred as roughly 3.1 people, pointing to a mix of families and smaller living arrangements that shape the community’s character.

Income & Housing Costs

Financial metrics are critical for understanding the economic landscape of ZIP 90640. The median household income stands at $74,833, reflecting a moderate earning capacity that supports a range of lifestyles. On the housing front, the median home value is $660,600, indicating a significant investment for potential buyers but also a strong asset base for current owners. For renters, the median rent is $1,771 per month, which aligns with the area’s housing market dynamics and suggests a competitive rental environment. These figures provide a benchmark for affordability and investment potential in 90640.

Race & Ethnicity

The cultural fabric of ZIP 90640 is notably diverse, with a clear majority identifying as Hispanic at 78.81% of the population. This strong Hispanic presence shapes the area’s identity, likely influencing local businesses, cuisine, and community events. Additionally, 13.24% of residents are Asian, contributing to the multicultural environment. White residents make up 6.31% of the population, while Black residents account for just 0.44%. This diversity offers a rich tapestry for social and economic interactions, making 90640 a vibrant place to live or operate a business.

Key Facts

• Total population: 61,615 residents in 2023, indicating a substantial community.
• Total households: 19,722, with an average size of about 3.1 people per household.
• Total housing units: 20,438, suggesting some availability for new occupants.
• Median household income: $74,833, supporting a moderate economic base.
• Median home value: $660,600, reflecting a high-value real estate market.
• Median rent: $1,771 per month, indicative of a competitive rental market.
• Dominant ethnicity: Hispanic at 78.81%, with significant Asian representation at 13.24%.

What This Means for You

For homebuyers, ZIP 90640 presents a high-value housing market with a median home price of $660,600, which may require careful financial planning but offers strong long-term value in a diverse and populated area. Renters should note the median rent of $1,771, which suggests budgeting for above-average costs compared to national figures. Real estate investors and agents can leverage the slight surplus of housing units (20,438 vs. 19,722 households) to explore opportunities, though the high median home value indicates a need for strategic pricing or niche targeting. Small-business owners will find a culturally rich customer base, particularly among the Hispanic majority (78.81%), offering potential for tailored products or services. Analysts can use these metrics to benchmark 90640 against neighboring ZIP codes for deeper market studies. Across all groups, the area’s diversity and economic stability provide a solid foundation for growth and engagement.

Run This Study Yourself

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