ZIP 96002 - 860Z200US96002 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 96002, located in the Redding area of California, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, agents, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial space, understanding ZIP 96002’s profile is the first step to aligning your goals with the local market.

Population & Households

ZIP 96002 is home to a population of 34,023 residents, making it a moderately sized community with a mix of urban and suburban characteristics. This area supports 12,929 households, reflecting a diverse range of family structures and living arrangements. With 13,685 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for opportunities in the housing market. These numbers suggest a stable community with room for growth, ideal for those seeking a balance between accessibility and space.

Income & Housing Costs

The median household income in ZIP 96002 stands at $74,230, positioning it as a relatively affluent area compared to national averages. This income level supports a comfortable lifestyle for many residents and signals purchasing power for local businesses. On the housing front, the median home value is $347,500, reflecting a competitive yet accessible real estate market for buyers with moderate to high budgets. For renters, the median monthly rent is $1,281, which aligns with the income levels and suggests a viable rental market for investors. These figures highlight ZIP 96002 as a financially stable area with housing options for various budgets.

Race & Ethnicity

The demographic makeup of ZIP 96002 offers insight into the cultural fabric of the community. The population is predominantly White at 71.57%, with significant representation from Hispanic residents at 13.34%. Asian individuals make up 5.87% of the population, while Black residents account for 1.38%. This diversity contributes to a multifaceted community, which can be a draw for families and businesses seeking an inclusive environment. Understanding this composition helps stakeholders anticipate cultural needs, market preferences, and community dynamics when planning moves or ventures.

Key Facts

• Total population: 34,023 residents in ZIP 96002 as of 2023.
• Total households: 12,929, supporting a range of family and individual living arrangements.
• Total housing units: 13,685, indicating potential availability for new occupants or investors.
• Median household income: $74,230, reflecting strong local earning capacity.
• Median home value: $347,500, competitive for buyers in this market segment.
• Median rent: $1,281 per month, offering opportunities for rental property investors.
• Racial composition: 71.57% White, 13.34% Hispanic, 5.87% Asian, 1.38% Black.

What This Means for You

For homebuyers, ZIP 96002 presents a promising market with a median home value of $347,500, which is attainable for those with stable incomes around or above the local median of $74,230. The slight surplus of housing units suggests you may have negotiating power or options to choose from. Investors and real estate agents can capitalize on the rental market, where a median rent of $1,281 indicates demand, especially given the area’s income levels. The population size and diversity also point to a steady tenant pool. For small-business owners, the community’s income and demographic mix offer a solid customer base with disposable income and varied cultural needs—ideal for tailored services or products. Analysts can use these metrics to benchmark ZIP 96002 against nearby areas, identifying trends in housing or economic growth. This data equips you to make strategic decisions rooted in the realities of this locale.

Run This Study Yourself

• Want to dive deeper into ZIP 96002 or compare it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to access detailed demographic and housing data.
• Enter any ZIP code to generate a customized report with the latest metrics, tailored to your specific needs as a buyer, investor, or business owner.
• Use the insights to inform your next move—whether it’s purchasing a home, planning a business, or analyzing market trends—with confidence and precision.