ZIP 90805 - 860Z200US90805 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 90805, located in the heart of Long Beach, California, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, offers a clear picture of the area’s population, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about this dynamic community.

Population & Households

ZIP 90805 is home to a substantial population of 94,631 residents, making it a bustling and vibrant area. This population is distributed across 28,256 households, reflecting a community with a strong residential presence. With 28,954 total housing units, the area shows a tight housing market, as the number of households nearly matches the available units. This suggests high demand for living spaces and limited vacancy, a critical factor for anyone looking to buy or rent in this ZIP code.

Income & Housing Costs

The median household income in ZIP 90805 stands at $68,615, indicating a moderate earning capacity for residents. This income level can support a range of lifestyles, though it’s worth noting how it aligns with housing costs. The median house value here is $588,500, reflecting the high property values often seen in California markets. For renters, the median rent is $1,664 per month, which may feel steep for some households given the income median. These figures highlight the importance of budgeting carefully, whether you’re planning to buy a home or lease a space in this area.

Race & Ethnicity

ZIP 90805 boasts a richly diverse population, with a racial and ethnic composition that shapes its cultural fabric. The largest demographic group is Hispanic, comprising 58.83% of residents, followed by Black residents at 17.97%, Asian residents at 11.49%, and White residents at 7.67%. This diversity fosters a multicultural environment, which can be a draw for families, businesses, and investors seeking a community with varied perspectives and opportunities for cultural engagement.

Key Facts

• Total population: 94,631 residents, indicating a sizable and active community.
• Total households: 28,256, showing a strong residential base.
• Total housing units: 28,954, suggesting limited availability of vacant properties.
• Median household income: $68,615, reflecting moderate earning potential.
• Median house value: $588,500, indicative of a competitive real estate market.
• Median rent: $1,664, a notable cost for renters in the area.
• Dominant demographic: Hispanic at 58.83%, contributing to a diverse cultural landscape.

What This Means for You

For homebuyers, ZIP 90805 presents a competitive housing market with a median home value of $588,500. Given the near parity between households and housing units, you may face limited inventory, so acting quickly on opportunities and working with a local agent could be key. The median income of $68,615 suggests that affordability might be a concern for some, so exploring financing options or targeting properties at the lower end of the spectrum could be wise.

For investors and real estate agents, the tight housing supply and high median values signal potential for appreciation, though the high entry cost may limit short-term flips. Rental demand appears strong with a median rent of $1,664, making this ZIP code a candidate for buy-and-hold strategies catering to long-term tenants.

For small-business owners, the diverse population of 94,631 offers a broad customer base. Tailoring products or services to the predominant Hispanic demographic (58.83%) or other cultural groups could help you connect with the community. Additionally, the moderate income levels suggest a focus on value-driven offerings to match local purchasing power.

For analysts, the data points to a densely populated, culturally rich area with housing pressures. This could inform studies on urban density, affordability challenges, or community development needs in ZIP 90805.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 90805? 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, and more, tailored to your needs.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture.