ZIP 94063 - 860Z200US94063 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 94063 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a diverse population and a robust housing market. This snapshot, based on 2023 data, breaks down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the details of 94063 and uncover what makes this area unique.

Population & Households

In 2023, ZIP code 94063 is home to a population of 34,695 residents. This sizable community is distributed across 11,291 households, indicating a mix of family and individual living arrangements. With 12,162 total housing units in the area, there’s a slight surplus of units over households, which could suggest some availability for new residents or investors looking to enter the market. For those evaluating community size or customer bases, this population offers a substantial pool for engagement, whether you’re a business owner or a real estate professional.

Income & Housing Costs

Financial metrics in ZIP 94063 paint a picture of a relatively affluent area with significant housing costs. The median household income stands at $115,528, reflecting a strong earning capacity among residents. This income level suggests that many households have the financial stability to support local businesses or invest in property. However, housing costs are notably high, with a median house value of $1,077,100. For renters, the median rent is $2,802 per month, indicating a premium rental market. These figures are critical for homebuyers assessing affordability and for investors calculating potential returns in this competitive market.

Race & Ethnicity

The demographic makeup of ZIP 94063 is notably diverse, offering a multicultural environment that can appeal to a wide range of residents and businesses. The racial composition in 2023 shows that 64.1% of the population identifies as Hispanic, making it the largest demographic group. White residents account for 19.42%, while Asian residents make up 10.68%, and Black residents comprise 1.93%. This diversity can be a significant draw for businesses seeking varied customer bases or for families looking for an inclusive community. Understanding this breakdown also helps investors and analysts gauge cultural dynamics and market needs in 94063.

Key Facts

• Total population in ZIP 94063: 34,695 residents in 2023.
• Total households: 11,291, with 12,162 housing units available.
• Median household income: $115,528, indicating strong local earning power.
• Median house value: $1,077,100, reflecting a high-cost housing market.
• Median rent: $2,802 per month, a premium for rental properties.
• Dominant demographic: Hispanic at 64.1% of the population.
• Diverse community: White (19.42%), Asian (10.68%), and Black (1.93%) residents.

What This Means for You

For homebuyers, ZIP 94063 presents a vibrant, diverse community with a high median income, but the steep housing costs—both for buying ($1,077,100 median value) and renting ($2,802 median rent)—require careful financial planning. Ensure your budget aligns with these figures or explore nearby areas if costs are prohibitive. Real estate investors and agents should note the slight surplus of housing units (12,162 units vs. 11,291 households), which may offer opportunities for rentals or flips, though high entry costs demand a strategic approach to maximize returns. Small-business owners can tap into a sizable and diverse population of 34,695, supported by strong household incomes, ideal for retail, services, or culturally tailored offerings. Analysts can use this data to track market trends, assess affordability, or predict growth in this dynamic ZIP code. Tailoring your approach to these insights will help you succeed in 94063.

Run This Study Yourself

• Curious about other ZIP codes or want updated data for 94063? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
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