ZIP Code 91423 — Demographics & Housing Data 2023

Overview

If you’re considering a move, investment, or business opportunity in ZIP 91423, located in the heart of the San Fernando Valley in Los Angeles, California, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 32,000 and a robust housing market, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living or working in 91423.

Population & Households

ZIP 91423 is home to 32,536 residents, making it a moderately sized community within the bustling Los Angeles area. These individuals are distributed across 15,475 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 16,678, indicating a slight surplus of available homes compared to occupied households. This gap could signal opportunities for buyers or renters looking to settle in the area, as well as potential inventory for investors to consider.

Income & Housing Costs

Financially, ZIP 91423 stands out with a median household income of $112,119, which is notably higher than many surrounding areas. This suggests a relatively affluent community with strong purchasing power, an important factor for businesses targeting local consumers. On the housing front, the median home value is $1,323,500, reflecting the premium real estate market typical of parts of Los Angeles County. For renters, the median monthly rent is $2,239, which aligns with the area’s higher cost of living. These figures highlight the need for substantial financial planning for prospective residents or investors entering this market.

Race & Ethnicity

The demographic makeup of ZIP 91423 offers a glimpse into its cultural diversity. The population is predominantly White at 67.25%, with Hispanic or Latino residents comprising 14.09% of the community. Black or African American residents account for 4.59%, while Asian residents make up 5.24%. This mix contributes to a varied social fabric, which can be a draw for those seeking a dynamic and inclusive environment. For businesses, this diversity suggests a broad customer base with varied needs and preferences.

Key Facts

• Total population in ZIP 91423: 32,536 residents as of 2023.
• Total households: 15,475, indicating a strong residential base.
• Total housing units: 16,678, with some availability for new occupants.
• Median household income: $112,119, reflecting economic strength.
• Median home value: $1,323,500, a significant investment consideration.
• Median rent: $2,239 per month, aligning with upscale market trends.
• Racial composition: 67.25% White, 14.09% Hispanic, 5.24% Asian, 4.59% Black.

What This Means for You

For homebuyers, ZIP 91423 offers a premium market with high home values averaging over $1.3 million. The median income of $112,119 suggests you’ll be joining a financially stable community, but budgeting for the high cost of entry is essential. Renters should prepare for monthly costs around $2,239, which may appeal to those seeking quality housing in a desirable location.

For investors and real estate agents, the slight surplus of housing units (16,678 total vs. 15,475 households) hints at potential opportunities to buy or list properties. The high median home value indicates strong appreciation potential, though the upfront investment is substantial. Understanding the local demographic mix can also help tailor marketing strategies to diverse buyer profiles.

For small-business owners, the affluent population with a median income over $112,000 presents a lucrative customer base. The area’s diversity suggests a need for varied products and services, from cultural offerings to everyday conveniences. However, high rental costs for commercial spaces may mirror residential trends, so financial planning is key.

For analysts, these metrics provide a foundation for deeper research into market trends, housing demand, and economic stability in 91423. The data points to a competitive yet potentially rewarding area for investment and growth.

Run This Study Yourself

• Visit ZipcodeGPT to access powerful tools for demographic and housing analysis tailored to any ZIP code.
• Enter your target ZIP code, like 91423, to generate a detailed report with the latest data.
• Use the insights to make informed decisions for buying, investing, or starting a business in your chosen area.