ZIP 96818 - 860Z200US96818 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 96818, located in Honolulu, Hawaii, this demographic and housing snapshot offers a clear picture of the area in 2023. With a sizable population, strong income levels, and a diverse community, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living or working in this vibrant area.

Population & Households

ZIP 96818 is home to a population of 55,107 residents as of 2023, making it a densely populated and active community. This area supports 18,488 households, reflecting a robust residential base. Whether you’re a homebuyer looking for a lively neighborhood or a business owner seeking a strong customer pool, the population size indicates a dynamic environment with potential for engagement and growth.

Income & Housing Costs

The median household income in ZIP 96818 stands at $99,933, suggesting a relatively affluent community with solid earning power. This income level can be a key indicator for businesses targeting middle- to upper-income consumers or for investors assessing the financial stability of potential tenants or buyers.

On the housing front, the median home value is $653,400, reflecting the high demand and premium real estate market often associated with Honolulu. For renters, the median rent is $3,185 per month, which aligns with the area’s elevated cost of living. Homebuyers and investors should note that while property values are steep, they may offer long-term appreciation potential in such a desirable location. Renters and small businesses leasing space should budget accordingly for these higher costs.

There are 19,719 total housing units in this ZIP code, providing a mix of options for residents and investors. However, with only 18,488 households occupying these units, there’s a small vacancy rate that could signal tight competition for available properties.

Race & Ethnicity

ZIP 96818 boasts a richly diverse population, which adds to the cultural vibrancy of the area. The racial composition includes 35.37% Asian, 26.65% White, 12.83% Hispanic, and 5.6% Black residents, among other groups. This diversity can be a significant draw for businesses aiming to cater to a wide range of cultural preferences or for families seeking an inclusive community. Understanding this mix can help tailor marketing strategies, community engagement, or property development plans to resonate with local demographics.

Key Facts

• Total population: 55,107 residents, indicating a substantial community base.
• Total households: 18,488, supporting a strong residential presence.
• Median household income: $99,933, reflecting solid economic stability.
• Median home value: $653,400, highlighting a premium real estate market.
• Median rent: $3,185, indicative of high rental costs in the area.
• Diverse population: 35.37% Asian, 26.65% White, 12.83% Hispanic, 5.6% Black.
• Total housing units: 19,719, with a tight vacancy rate for potential buyers or renters.

What This Means for You

For homebuyers, ZIP 96818 offers a vibrant, diverse community with high property values. The median home price of $653,400 suggests you’ll need a substantial budget, but the area’s strong median income of $99,933 indicates a financially stable neighborhood. Be prepared for competition due to limited housing availability.

For real estate investors and agents, the high home values and rents ($3,185 median) point to potential for strong returns, especially in a market with low vacancy. Focus on properties that cater to the diverse population or appeal to higher-income renters for maximum ROI.

For small-business owners, the population of 55,107 and diverse demographic makeup provide a broad customer base. Tailor your offerings to cultural preferences, and consider the higher income levels when pricing products or services. However, account for elevated rental costs if leasing commercial space.

For analysts, these metrics offer a snapshot of economic health and cultural composition, useful for market studies or forecasting trends in Honolulu’s real estate and business sectors.

Run This Study Yourself

• Curious about other ZIP codes or want deeper insights into ZIP 96818? Start by visiting ZipcodeGPT to access powerful demographic and housing data tools.
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• Use the insights to make informed decisions for buying, investing, or launching a business in any area of interest.