ZIP 90731 - 860Z200US90731 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 90731, located in the San Pedro area of Los Angeles, California, understanding the local demographics 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 can help you make informed decisions about living or working in ZIP 90731.

Population & Households

ZIP 90731 is home to a substantial population of 62,452 residents, making it a bustling and dynamic area. These individuals are distributed across 23,131 households, reflecting a community with a strong residential presence. The total number of housing units stands at 24,477, indicating a slight surplus of available homes compared to occupied households. This could suggest opportunities for prospective buyers or renters looking to settle in the area, as well as potential for investors eyeing vacant properties.

Income & Housing Costs

The median household income in ZIP 90731 is $71,936, which offers a solid economic foundation for many families and individuals. However, housing costs are notably high, with a median house value of $808,800. This figure reflects the premium placed on real estate in this part of Los Angeles, likely driven by proximity to coastal amenities and urban conveniences. For renters, the median rent is $1,645 per month, which, while significant, remains more accessible than purchasing a home in this market. These numbers highlight the importance of financial planning for anyone considering a move or investment in ZIP 90731.

Race & Ethnicity

ZIP 90731 boasts a richly diverse population, with a racial and ethnic composition that mirrors the broader cultural tapestry of Los Angeles. The largest demographic group is Hispanic, accounting for 56.89% of residents, followed by White residents at 26.88%. Black and Asian communities make up smaller but notable portions at 5.06% and 5.2%, respectively. This diversity contributes to a vibrant local culture, offering a blend of traditions, cuisines, and community events that enrich life in ZIP 90731. For businesses and investors, this mix presents opportunities to cater to a wide range of preferences and needs.

Key Facts

• Total population: 62,452 residents, indicating a sizable and active community.
• Total households: 23,131, showing a strong base of family and individual units.
• Total housing units: 24,477, with a small surplus of available properties.
• Median household income: $71,936, reflecting a moderate earning capacity.
• Median house value: $808,800, highlighting a high-cost real estate market.
• Median rent: $1,645, offering a more affordable option compared to buying.
• Dominant ethnicity: Hispanic at 56.89%, contributing to a diverse cultural landscape.

What This Means for You

For homebuyers, ZIP 90731 presents a competitive housing market with high median home values at $808,800. If you're planning to buy, ensure your budget aligns with these costs or explore financing options to make ownership feasible. Renters, on the other hand, may find the median rent of $1,645 more manageable, especially for those not ready to commit to a purchase. Real estate investors and agents should note the slight surplus of housing units (24,477 total units versus 23,131 households), which could signal opportunities for flipping properties or securing rentals, though high entry costs require careful analysis. Small-business owners can leverage the diverse population of 62,452 and the cultural mix—especially the large Hispanic community (56.89%)—to tailor products, services, or marketing strategies that resonate with local residents. Analysts can use these metrics to benchmark ZIP 90731 against neighboring areas for broader market trends.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 90731? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date statistics on population, income, housing, and more, tailored to your needs.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture.