ZIP 95624 - 860Z200US95624 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 95624, located in the vibrant Sacramento area, this demographic and housing snapshot offers a clear picture of what to expect. Based on the latest 2023 data, this area—often associated with Elk Grove, California—boasts a sizable population, strong income levels, and a diverse community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living, working, or investing in ZIP 95624.

Population & Households

ZIP 95624 is home to a robust population of 68,036 residents, making it a dynamic and active community. This area supports 20,257 households, reflecting a strong base of families and individuals. With 20,740 total housing units, the region shows a tight balance between available homes and occupied households, suggesting a stable housing market with limited vacancy. For those looking to settle or invest, this population size indicates a lively area with ample community resources and potential customer bases for businesses.

Income & Housing Costs

Financially, ZIP 95624 stands out with a median household income of $121,269, well above national averages. This suggests a prosperous community with significant purchasing power, which is a key consideration for businesses targeting higher-income demographics. On the housing front, the median home value is $603,700, reflecting a premium market that could offer strong appreciation potential for investors or a solid long-term investment for buyers. Meanwhile, the median rent of $1,960 indicates a competitive rental market, appealing to landlords but potentially challenging for renters seeking affordability.

Race & Ethnicity

The cultural fabric of ZIP 95624 is notably diverse, creating a rich and inclusive environment. The racial composition includes 37.36% White, 8.42% Black, 28.05% Asian, and 16.88% Hispanic residents, with other groups making up the remainder. This diversity is a significant asset for businesses aiming to serve varied customer needs or for families seeking a multicultural community. It also signals opportunities for culturally tailored services, events, or products in this area.

Key Facts

• Total population: 68,036 residents, indicating a sizable and active community.
• Total households: 20,257, supporting a strong base of local families and individuals.
• Median household income: $121,269, reflecting significant economic strength.
• Median home value: $603,700, pointing to a high-value real estate market.
• Median rent: $1,960, suggesting a competitive rental landscape.
• Diversity: 37.36% White, 28.05% Asian, 16.88% Hispanic, 8.42% Black, showcasing a multicultural population.
• Total housing units: 20,740, with low vacancy rates indicating housing demand.

What This Means for You

For homebuyers, ZIP 95624 offers a premium housing market with median values around $603,700, ideal for those seeking long-term value in a prosperous area. However, be prepared for higher entry costs and consider the strong median income of $121,269 as a benchmark for affordability. Investors and real estate agents will find opportunity in the tight housing supply (20,740 units for 20,257 households) and high home values, which suggest potential for appreciation and steady rental demand at $1,960 median rent. The diverse population also means a broad tenant pool. Small-business owners can leverage the area’s high income and diversity—68,036 residents with varied backgrounds—to tailor offerings, whether it’s retail, services, or dining, to a wealthier and culturally rich customer base. Analysts can use these metrics to benchmark ZIP 95624 against neighboring areas for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 95624? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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