ZIP 94124 - 860Z200US94124 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 94124, located in the San Francisco Bay Area, this demographic and housing snapshot offers a clear picture of the community in 2023. This area, encompassing parts of the Bayview-Hunters Point neighborhood, is a dynamic and diverse region with unique opportunities and challenges. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, understanding the population, income, and housing trends here can guide your next steps. Let’s dive into the data to uncover what makes ZIP 94124 distinct.

Population & Households

ZIP 94124 is home to a vibrant community of 36,226 residents as of 2023. This population is spread across 10,982 households, reflecting a mix of family structures and living arrangements. With 11,780 total housing units in the area, there’s a slight gap between available units and occupied households, suggesting some vacancy or secondary properties. For those eyeing this area, the population size indicates a sizable local market for businesses and a community with established roots, while the household count offers insight into potential demand for housing and services.

Income & Housing Costs

The median household income in ZIP 94124 stands at $82,928, a figure that reflects a moderate earning capacity compared to broader San Francisco standards. This income level supports a diverse range of lifestyles and purchasing power, which is crucial for businesses targeting local consumers. On the housing front, the median house value is a striking $1,043,200, aligning with the high property values often seen in the Bay Area. Meanwhile, the median rent is $1,368, which may appeal to renters seeking relatively more affordable options within the region. For investors and homebuyers, these figures highlight both the premium on owning property and the potential for rental income in this market.

Race & Ethnicity

ZIP 94124 boasts a rich cultural tapestry, with a diverse racial and ethnic composition. The largest demographic group is Asian, making up 35.66% of the population, followed by Black residents at 25.4% and Hispanic or Latino residents at 25.22%. White residents account for 7.52% of the population. This diversity shapes the community’s character, influencing local businesses, cultural events, and social dynamics. For business owners and investors, this mix presents opportunities to cater to varied tastes and needs, while homebuyers may appreciate the multicultural environment as a draw for family and community life.

Key Facts

• Total population: 36,226 residents, offering a substantial local market.
• Total households: 10,982, indicating a strong base for housing demand.
• Median household income: $82,928, reflecting moderate earning power.
• Median house value: $1,043,200, signaling a high-value real estate market.
• Median rent: $1,368, a competitive rate for the Bay Area.
• Racial diversity: Asian (35.66%), Black (25.4%), Hispanic (25.22%), White (7.52%).
• Total housing units: 11,780, with some potential vacancy or secondary homes.

What This Means for You

For homebuyers, ZIP 94124 offers a chance to join a diverse and established community, though the high median house value of over $1 million means you’ll need to budget accordingly or explore financing options. The relatively lower median rent of $1,368 could also make renting a stepping stone while you save for a purchase. Real estate investors and agents will find opportunity in the area’s property values and rental market, especially given the population size and slight surplus of housing units, which may indicate room for turnover or development. Keep an eye on neighborhood trends in Bayview-Hunters Point for future appreciation potential. Small-business owners can tap into a culturally rich customer base of over 36,000 residents with varied needs, from ethnic foods to tailored services—consider how the income level of $82,928 shapes spending habits. Finally, analysts can use this data as a benchmark to compare ZIP 94124 with neighboring areas or track shifts over time, especially in housing costs and demographic makeup.

Run This Study Yourself

• Curious about diving deeper into ZIP 94124 or comparing it with another area? 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, and more, tailored to your needs.
• Use the insights to inform your decisions, whether you’re buying a home, investing, or planning a business venture in the area.