ZIP 91403 - 860Z200US91403 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 91403, located in the heart of Sherman Oaks, California, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 25,000 and a median household income surpassing $114,000, this ZIP code reflects a prosperous and diverse community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you understand the local landscape and make informed decisions.

Population & Households

ZIP 91403 is home to 25,566 residents, making it a moderately sized community within the San Fernando Valley. These individuals are distributed across 11,892 households, indicating an average household size of roughly 2.15 people. This balance suggests a mix of families, couples, and singles, offering a varied social fabric. For those eyeing this area, the population density supports a vibrant yet manageable community feel, ideal for both residential and commercial interests.

Income & Housing Costs

The financial profile of ZIP 91403 stands out with a median household income of $114,348, pointing to a relatively affluent population. This income level supports a robust local economy, which can be a draw for businesses and investors. On the housing front, the median home value is a striking $1,467,900, reflecting the premium real estate market in Sherman Oaks. For renters, the median rent is $2,437 per month, which aligns with the high cost of living in the area. With 13,095 total housing units, there’s a mix of owned and rented properties, though availability may be tight given the demand signaled by these price points.

Race & Ethnicity

The demographic makeup of ZIP 91403 showcases a diverse community. White residents account for 64.46% of the population, followed by Hispanic or Latino residents at 16.04%. Asian individuals make up 7.47%, and Black or African American residents comprise 5.78%. This diversity contributes to a culturally rich environment, which can be a significant asset for businesses catering to varied tastes and for families seeking an inclusive neighborhood.

Key Facts

• Total population: 25,566 residents in 2023.
• Total households: 11,892, with an average size of about 2.15 people.
• Median household income: $114,348, indicating strong earning potential.
• Median home value: $1,467,900, reflecting a high-end real estate market.
• Median rent: $2,437 per month, consistent with the area’s cost of living.
• Racial composition: 64.46% White, 16.04% Hispanic, 7.47% Asian, 5.78% Black.
• Total housing units: 13,095, suggesting limited inventory in a competitive market.

What This Means for You

For homebuyers, ZIP 91403 offers a prestigious address with median home values nearing $1.5 million. Be prepared for a competitive market and consider working with a local agent to navigate high demand. The median income of $114,348 suggests neighbors with financial stability, which often correlates with well-maintained properties and strong community amenities.

For investors and real estate agents, the high home values and rents in 91403 signal potential for solid returns, though entry costs are significant. The limited housing stock (13,095 units for 11,892 households) indicates low vacancy rates, which could drive rental income but may challenge quick flips or bulk purchases.

For small-business owners, the affluent and diverse population offers a promising customer base. With a median income over $114,000, residents likely have disposable income for premium goods and services. Tailoring offerings to a culturally varied clientele (16.04% Hispanic, 7.47% Asian) could help you stand out.

For analysts, the data points to a stable, high-value area with a balanced demographic profile. Use these metrics to benchmark against nearby ZIP codes or to assess growth potential in Sherman Oaks.

Run This Study Yourself

• Want to dive deeper into ZIP 91403 or compare it with another area? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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• Use the insights to inform your next move, investment, or business strategy with confidence.