ZIP 95823 - 860Z200US95823 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 95823, located in Sacramento, California, this demographic and housing snapshot offers a clear picture of the area in 2023. With a diverse population, varied income levels, and a dynamic housing market, this ZIP code presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions.

Population & Households

ZIP 95823 is home to a substantial population of 83,254 residents as of 2023. This sizable community is distributed across 24,569 households, reflecting a vibrant and active area. The total number of housing units stands at 25,465, indicating a slight surplus of available homes compared to occupied households. This could suggest opportunities for buyers or renters looking to settle in the area, as well as potential inventory for investors to consider.

Income & Housing Costs

The median household income in ZIP 95823 is $63,701, which provides a solid benchmark for understanding the economic landscape. This income level supports a range of lifestyles and can influence the types of businesses that thrive here. On the housing front, the median home value is $372,100, positioning this area as a moderately priced market within the broader Sacramento region. For renters, the median rent is $1,533 per month, which aligns with the income levels and offers a viable option for those not ready to buy. These figures are critical for assessing affordability and investment potential.

Race & Ethnicity

ZIP 95823 stands out for its rich cultural diversity, with a population composition that reflects a broad mix of backgrounds. Hispanic residents make up the largest group at 35.21%, followed by Asian residents at 24.83%. Black residents account for 17.41% of the population, while White residents represent 11.14%. This diversity shapes the community’s character, influencing local businesses, schools, and cultural offerings. For business owners and investors, this mix presents opportunities to cater to varied needs and preferences.

Key Facts

• Total population: 83,254 residents, making ZIP 95823 a densely populated area with a strong community base.
• Total households: 24,569, indicating a significant number of family and individual units.
• Total housing units: 25,465, suggesting some availability for new occupants or investors.
• Median household income: $63,701, reflecting a moderate earning capacity for residents.
• Median home value: $372,100, a competitive price point in the Sacramento market.
• Median rent: $1,533, offering a balanced rental option for non-buyers.
• Diverse demographics: Hispanic (35.21%), Asian (24.83%), Black (17.41%), and White (11.14%) populations contribute to a vibrant cultural tapestry.

What This Means for You

For homebuyers, ZIP 95823 offers a moderately priced housing market with a median home value of $372,100, which could be attractive if you’re seeking value in the Sacramento area. The slight surplus of housing units may also mean less competition in certain segments. Investors and real estate agents can leverage the diversity and population size to target specific demographics or rental markets, especially with a median rent of $1,533 that aligns with local incomes. The cultural mix also suggests potential for niche rental properties or developments catering to varied needs.

For small-business owners, the diverse population of 83,254 and median income of $63,701 indicate a customer base with varied tastes and spending power. Businesses offering culturally specific goods or services could find a receptive audience here. Lastly, analysts can use these metrics to track trends in housing availability, income distribution, and demographic shifts, providing deeper insights for clients or reports. Whether you’re buying, investing, or building, ZIP 95823 offers a compelling mix of opportunity and community.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 95823? 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 costs, and more, tailored to your needs.
• Use the insights to inform your next move, investment, or business strategy with confidence and precision.