ZIP 93063 - 860Z200US93063 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 93063, located in the Simi Valley area of California, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 56,000 and a robust median household income, this area presents a blend of suburban stability and economic potential. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you understand the market dynamics and cultural makeup of ZIP 93063.

Population & Households

ZIP 93063 is home to 56,110 residents, making it a sizable community with a strong suburban feel. The area comprises 19,770 households, reflecting a mix of families, professionals, and retirees. With 20,220 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking for rental opportunities. This balance suggests a stable housing market with room for moderate growth.

Income & Housing Costs

The median household income in ZIP 93063 stands at an impressive $124,030, pointing to a relatively affluent community with significant purchasing power. This income level supports a strong local economy, which can be a draw for businesses targeting middle- to upper-income customers. On the housing front, the median home value is $746,000, reflecting the high demand for property in this desirable area. For renters, the median monthly rent is $2,385, which aligns with the elevated cost of living and suggests a competitive rental market. These figures highlight ZIP 93063 as a premium location for both living and investing.

Race & Ethnicity

The demographic composition of ZIP 93063 showcases a diverse yet predominantly white population, with 54.9% identifying as white. The Hispanic community makes up a significant 24.62%, adding cultural richness to the area. Asian residents account for 11.37%, while Black residents represent 1.69% of the population. This diversity can influence local businesses, schools, and community events, offering a multicultural environment that appeals to a wide range of people. For businesses and investors, this mix presents opportunities to cater to varied cultural preferences and needs.

Key Facts

• Total population: 56,110 residents, indicating a substantial community size.
• Total households: 19,770, reflecting a mix of family and individual living arrangements.
• Median household income: $124,030, showcasing strong economic stability.
• Median home value: $746,000, highlighting a high-demand real estate market.
• Median rent: $2,385 per month, pointing to a competitive rental landscape.
• Racial composition: 54.9% white, 24.62% Hispanic, 11.37% Asian, 1.69% Black.
• Total housing units: 20,220, suggesting slight availability for new occupants or investors.

What This Means for You

For homebuyers, ZIP 93063 offers a stable, affluent community with high home values, making it a solid long-term investment despite the steep entry cost of $746,000 median home price. The strong median income of $124,030 also means neighbors are likely financially secure, which can contribute to neighborhood stability. Real estate investors and agents will find potential in the slight surplus of housing units (20,220 total vs. 19,770 households), which could translate to opportunities for rentals or flips, especially with median rents at $2,385. Small-business owners can leverage the area’s diversity (24.62% Hispanic, 11.37% Asian) and high income to target niche markets or premium services, from culturally specific products to upscale dining. Analysts can use this data to benchmark ZIP 93063 against nearby areas for deeper market studies, focusing on income and housing trends.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 93063? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing metrics tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture.