ZIP 96816 - 860Z200US96816 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 96816, located in Honolulu, Hawaii, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial space, understanding ZIP 96816’s unique characteristics is the first step to success.

Population & Households

ZIP 96816 is home to a substantial population of 50,711 residents, making it a vibrant and active community. These individuals are distributed across 17,982 households, reflecting a mix of family and individual living arrangements. With 19,818 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable residential environment, ideal for those seeking a settled yet dynamic place to live or work.

Income & Housing Costs

The financial landscape of ZIP 96816 is notably strong, with a median household income of $114,744. This figure points to a relatively affluent community, which can support higher property values and rental rates. Speaking of housing, the median house value stands at an impressive $1,121,400, reflecting the premium nature of real estate in this Honolulu area. For renters, the median rent is $1,879 per month, which aligns with the area’s higher cost of living but also suggests opportunities for landlords to generate solid returns. These metrics highlight ZIP 96816 as a high-value market, appealing to buyers and investors with the capital to match.

Race & Ethnicity

ZIP 96816 boasts a diverse cultural fabric, with a racial composition that underscores its multicultural appeal. The largest demographic group is Asian, making up 52.17% of the population, followed by White residents at 18.45%. Hispanic individuals account for 5.95% of the population, while Black residents represent a smaller share at 0.84%. This diversity can enrich community life, offering a blend of perspectives and traditions that appeal to residents and businesses alike. For small-business owners, this mix presents opportunities to cater to varied customer preferences and cultural needs.

Key Facts

• Total population in ZIP 96816: 50,711 residents, indicating a sizable community.
• Total households: 17,982, showing a strong residential base.
• Total housing units: 19,818, suggesting some availability for new occupants.
• Median household income: $114,744, reflecting economic strength.
• Median house value: $1,121,400, a marker of a premium real estate market.
• Median rent: $1,879, indicating a competitive rental landscape.
• Racial diversity: Predominantly Asian (52.17%), with White (18.45%) and Hispanic (5.95%) populations contributing to a multicultural environment.

What This Means for You

For homebuyers, ZIP 96816 offers a prestigious yet costly housing market with median home values exceeding $1.1 million. If you’re in a financial position to invest, the area’s high median income suggests a stable community with neighbors who value quality living. Real estate investors and agents will find potential in the slight surplus of housing units (19,818 vs. 17,982 households), which could mean opportunities for rentals or flips, especially with median rents at $1,879. Small-business owners can leverage the diverse population of over 50,000 to target niche markets, particularly those appealing to the predominant Asian demographic or the broader multicultural base. Analysts studying Honolulu trends will note ZIP 96816’s economic strength and diversity as indicators of a robust local economy, ideal for long-term growth strategies. Whatever your goal, these insights provide a foundation for smart decision-making.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 96816? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, housing, and income metrics tailored to your needs.
• Use the insights to compare locations, identify opportunities, and make data-driven decisions for your next move or investment.