ZIP 94520 - 860Z200US94520 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 94520 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in Contra Costa County, California, this ZIP code offers a diverse community and a range of opportunities. With data from 2023, this snapshot provides a clear picture of population, income, housing costs, and ethnic composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers for 94520 and uncover what they mean for you.

Population & Households

ZIP 94520 is home to a population of 36,767 residents, making it a moderately sized community with a mix of urban and suburban characteristics. This population is distributed across 13,287 households, reflecting a vibrant area with a strong residential base. Additionally, there are 13,661 total housing units in the region, indicating a slight surplus of units over households, which could suggest some availability for new residents or investors looking to enter the market.

Income & Housing Costs

The median household income in ZIP 94520 stands at $79,790, positioning it as a community with a solid economic foundation. This income level supports a range of lifestyles and offers opportunities for businesses targeting middle-income consumers. On the housing front, the median home value is $572,400, reflecting a competitive real estate market that may appeal to buyers seeking long-term value or investors eyeing appreciation potential. For renters, the median rent is $2,118 per month, which aligns with the area’s income levels but underscores the need for careful budgeting, especially for those relocating to 94520.

Race & Ethnicity

ZIP 94520 boasts a richly diverse population, which shapes its cultural and social fabric. The racial and ethnic composition includes 51.37% Hispanic or Latino residents, making this the largest demographic group in the area. White residents account for 28.11% of the population, while Asian residents comprise 10.19%, and Black or African American residents make up 4.48%. This diversity can be a significant draw for businesses and families seeking an inclusive community with varied perspectives and cultural offerings.

Key Facts

• Total population: 36,767 residents in ZIP 94520.
• Total households: 13,287, supporting a robust community base.
• Total housing units: 13,661, with a small surplus over occupied households.
• Median household income: $79,790, indicative of a stable economic environment.
• Median home value: $572,400, reflecting a strong real estate market.
• Median rent: $2,118, a notable cost for renters in the area.
• Diverse demographics: Over 51% Hispanic, with significant White and Asian populations.

What This Means for You

For homebuyers, ZIP 94520 offers a diverse and dynamic community with a median home value of $572,400, which suggests a market with potential for growth. However, with a median rent of $2,118, renting may be a considerable expense, so weigh your long-term plans carefully. Real estate investors and agents will find opportunities in the slight surplus of housing units (13,661 vs. 13,287 households), which could indicate room for flipping properties or catering to new residents. The area’s median income of $79,790 also supports a stable tenant base for rental investments. Small-business owners can leverage the diverse population of 36,767 and cultural mix to offer products or services that resonate with varied customer needs, from Hispanic-focused offerings to broader community appeal. Finally, analysts can use these metrics to benchmark 94520 against neighboring ZIP codes for deeper market insights.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 94520? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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