ZIP 91405 - 860Z200US91405 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 91405, located in the San Fernando Valley area of Los Angeles, California, understanding the local demographics and housing landscape is essential. This snapshot provides a detailed look at the population, income levels, housing costs, and cultural diversity of this vibrant community based on the latest 2023 data. 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 91405.

Population & Households

ZIP 91405 is home to a substantial population of 54,887 residents. This sizable community is spread across 18,722 households, indicating a dense and active residential area. With 19,822 total housing units, there’s a slight gap between available homes and occupied households, which could point to opportunities for investors or buyers looking for vacancies. The average household size can be inferred as roughly 2.9 people, suggesting a mix of families and smaller living arrangements that cater to a variety of lifestyles in this area.

Income & Housing Costs

The median household income in ZIP 91405 stands at $61,207, reflecting a moderate earning capacity for residents. This income level is an important benchmark for potential homebuyers assessing affordability or businesses gauging local purchasing power. On the housing front, the median home value is $698,100, which aligns with the higher property values often seen in parts of Los Angeles County. For renters, the median rent is $1,736 per month, indicating a significant cost for those not ready to buy. These figures highlight the financial commitment required to live in 91405 and can guide budgeting for prospective residents or investors analyzing rental yields.

Race & Ethnicity

ZIP 91405 boasts a diverse cultural makeup, with Hispanic residents comprising the largest group at 60.05% of the population. White residents account for 23.49%, while Asian and Black populations make up 9.13% and 4.15%, respectively. This rich diversity shapes the community’s character, influencing local businesses, cuisine, and cultural events. For small-business owners, this mix offers a chance to cater to varied customer preferences, while homebuyers may appreciate the multicultural environment as a draw for family life or social engagement.

Key Facts

• Total population: 54,887 residents, making 91405 a densely populated area.
• Total households: 18,722, with a mix of family and individual living arrangements.
• Total housing units: 19,822, suggesting some availability for new occupants.
• Median household income: $61,207, indicative of moderate earning levels.
• Median home value: $698,100, reflecting a competitive real estate market.
• Median rent: $1,736, a notable cost for renters in the area.
• Dominant ethnicity: Hispanic at 60.05%, contributing to a vibrant, diverse community.

What This Means for You

For homebuyers, ZIP 91405 offers a diverse and lively community, but the median home value of $698,100 signals a significant investment. Ensure your budget aligns with this price point, and consider the moderate median income of $61,207 when planning for long-term affordability. Real estate investors and agents will note the slight surplus of housing units over households (19,822 vs. 18,722), which could indicate potential for rental properties or flips, especially with a median rent of $1,736 providing solid returns. Small-business owners can leverage the area’s cultural diversity—especially the large Hispanic population of 60.05%—to tailor products or services to a broad customer base. Analysts studying market trends will find the demographic mix and income data useful for forecasting growth or identifying underserved niches in 91405.

Run This Study Yourself

• Want to dive deeper into ZIP 91405 or compare it with other areas? Start by visiting ZipcodeGPT for a user-friendly platform to explore detailed 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 data-driven decisions, whether you’re buying a home, investing, or planning a business venture.