ZIP 94506 - 860Z200US94506 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 94506, located in the heart of California’s Contra Costa County, this demographic and housing snapshot offers a clear picture of the area. Based on 2023 data, this region stands out with a sizable population, high household incomes, and significant property values. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living or working in this vibrant community.

Population & Households

ZIP 94506 is home to a population of 27,261 residents, making it a moderately sized community with a strong residential presence. The area supports 9,294 households, reflecting a stable base of families and individuals. With 9,420 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 to enter the market. This balance suggests a community that’s neither overcrowded nor underpopulated, offering a comfortable density for various lifestyles.

Income & Housing Costs

One of the standout features of ZIP 94506 is its economic profile. The median household income here is an impressive $250,000, positioning this area as a high-income enclave. This figure signals a community with significant purchasing power, which can be a draw for businesses targeting affluent customers or for homebuyers seeking a prosperous neighborhood. On the housing front, the median home value is $1,789,600, reflecting a premium real estate market. For renters, the median rent stands at $3,500 per month, indicating that even rental properties cater to a higher-end market. These numbers underscore the area’s exclusivity and the potential for strong returns on real estate investments.

Race & Ethnicity

The demographic makeup of ZIP 94506 is notably diverse, offering a multicultural environment that can appeal to a wide range of residents and businesses. White residents account for 50.57% of the population, while Asian residents make up a substantial 33.73%, highlighting a significant cultural presence. Hispanic or Latino individuals represent 6.34% of the population, and Black or African American residents comprise 3.38%. This diversity can enrich community life, support varied business offerings, and create a welcoming atmosphere for newcomers from different backgrounds.

Key Facts

• Total population in ZIP 94506: 27,261 residents.
• Total households: 9,294, indicating a strong residential base.
• Total housing units: 9,420, with a small surplus over occupied homes.
• Median household income: $250,000, reflecting high earning potential.
• Median home value: $1,789,600, a marker of a premium market.
• Median rent: $3,500 per month, catering to upscale renters.
• Racial composition: 50.57% White, 33.73% Asian, 6.34% Hispanic, 3.38% Black.

What This Means for You

For homebuyers, ZIP 94506 offers a prestigious address with high property values, ideal if you’re looking for a long-term investment or a community with strong economic stability. However, the median home price of nearly $1.8 million means you’ll need substantial financial readiness to enter this market. Real estate investors and agents can find opportunities in a market with high demand and potential appreciation, though the limited surplus of housing units suggests competition for available properties. Small-business owners should note the affluent demographic—median incomes of $250,000 indicate a customer base with disposable income, perfect for premium products or services. Analysts can use this data to benchmark ZIP 94506 against other high-income areas, focusing on housing trends or demographic shifts. Across all groups, the area’s diversity offers cultural richness and broad market appeal, enhancing its value as a place to live or work.

Run This Study Yourself

Want to dive deeper into ZIP 94506 or explore another area? Uncover tailored insights with these simple steps:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
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• Use the data to inform your homebuying, investment, or business decisions with confidence.