ZIP 92647 - 860Z200US92647 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 92647, located in Huntington Beach, California, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of nearly 59,000 and a robust housing market, this ZIP code presents a blend of suburban appeal and economic strength. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, these insights will help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 92647 is home to 58,794 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 21,315 households, reflecting a mix of family and individual living arrangements. With 22,340 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable community with room for growth or turnover, depending on your perspective as a buyer or business owner.

Income & Housing Costs

The median household income in ZIP 92647 stands at $107,877, positioning this area as an economically strong community. This figure suggests that many residents have the financial capacity to support local businesses and maintain a comfortable lifestyle. However, housing costs reflect the premium nature of this location. The median house value is $963,900, indicating a high barrier to entry for homebuyers but also a potentially lucrative opportunity for real estate investors. For renters, the median rent is $2,400 per month, which aligns with the area’s elevated property values and may appeal to landlords seeking consistent rental income.

Race & Ethnicity

ZIP 92647 boasts a diverse population, which contributes to a rich cultural fabric that can benefit businesses and community engagement. The racial and ethnic composition includes 49.65% White, 27.09% Hispanic, 14.31% Asian, and 2.4% Black residents. This diversity offers opportunities for small-business owners to cater to varied customer preferences and for residents to enjoy a multicultural environment. For investors and analysts, this mix may signal a dynamic market with broad appeal across different demographic segments.

Key Facts

• Total population: 58,794 residents, offering a sizable community for engagement or market reach.
• Total households: 21,315, indicating a strong base of potential customers or tenants.
• Total housing units: 22,340, with a small surplus that may suggest availability for buyers or renters.
• Median household income: $107,877, reflecting economic stability and purchasing power.
• Median house value: $963,900, a high-value market for real estate investment.
• Median rent: $2,400, supporting potential for rental income in a competitive market.
• Diverse demographics: 49.65% White, 27.09% Hispanic, 14.31% Asian, and 2.4% Black, fostering a multicultural environment.

What This Means for You

For homebuyers, ZIP 92647 offers a stable, diverse community with a high quality of life, though the median home value of nearly $964,000 means you’ll need significant financial readiness or a strategic approach to financing. Investors and real estate agents will find the high property values and rental rates attractive for long-term returns, especially given the slight surplus of housing units that could ease entry into the market. Small-business owners can leverage the area’s diversity and solid median income of over $107,000 to target a wide range of customers with disposable income. Analysts can use these metrics to benchmark ZIP 92647 against neighboring areas, identifying trends in housing demand or demographic shifts that could influence future opportunities.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 92647? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture.