ZIP 92407 - 860Z200US92407 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 92407, located in the San Bernardino area of California, this demographic and housing snapshot offers a clear picture of the community in 2023. With a sizable population, diverse cultural makeup, and notable housing metrics, this area presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the data to help you make informed decisions about living, working, or investing in 92407.

Population & Households

ZIP 92407 is home to a robust population of 69,191 residents as of 2023, making it a vibrant and active community. This population is distributed across 18,346 households, reflecting a mix of family sizes and living arrangements. The total number of housing units in the area stands at 19,029, indicating a slight surplus of available homes compared to occupied households. This could suggest opportunities for potential buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

The median household income in ZIP 92407 is $83,662, which points to a relatively strong earning capacity among residents. This income level can support a comfortable lifestyle in many parts of California, though housing costs remain a key factor to consider. The median house value in this ZIP code is $473,200, reflecting the competitive nature of the local real estate market. For renters, the median rent is $1,771 per month, which aligns with the area’s housing values and may influence decisions for those weighing the costs of renting versus buying. These figures provide a benchmark for assessing affordability and investment potential in 92407.

Race & Ethnicity

The demographic composition of ZIP 92407 is notably diverse, offering a rich cultural tapestry that shapes the community’s character. The largest ethnic group is Hispanic, comprising 64.65% of the population, followed by White residents at 16.58%. Black residents make up 10.16% of the population, while Asian residents account for 4.04%. This diversity can be a significant draw for businesses and individuals seeking an inclusive environment, as well as for investors looking to cater to a varied customer base or tenant pool.

Key Facts

• Total population: 69,191 residents in 2023, indicating a sizable community.
• Total households: 18,346, with a mix of family and individual living arrangements.
• Total housing units: 19,029, suggesting some availability of unoccupied homes.
• Median household income: $83,662, reflecting solid earning potential.
• Median house value: $473,200, indicative of a competitive real estate market.
• Median rent: $1,771 per month, a key consideration for renters and investors.
• Ethnic diversity: Predominantly Hispanic (64.65%), with White (16.58%), Black (10.16%), and Asian (4.04%) populations.

What This Means for You

For homebuyers, ZIP 92407 offers a diverse community with a median house value of $473,200, which may require careful budgeting given the median household income of $83,662. The slight surplus of housing units could mean less competition for available homes, but it’s wise to act quickly in a competitive market like San Bernardino. Real estate investors and agents might find opportunities in the unoccupied housing units (around 683 based on the data), potentially flipping properties or renting them out at the median rate of $1,771 per month. The area’s diversity and population size also suggest a steady demand for housing. For small-business owners, the large and varied population of 69,191, coupled with a strong median income, indicates a promising customer base, especially for businesses catering to Hispanic communities or offering culturally relevant products and services. Analysts can use these metrics to track trends in housing affordability and demographic shifts, providing valuable insights for clients or stakeholders.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 92407? 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 costs, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing in property, or planning a business venture.