ZIP 97702 - 860Z200US97702 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 97702 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in a vibrant area, this ZIP code offers a mix of opportunities for homebuyers, real estate investors, small-business owners, and analysts. Using the latest 2023 data, this snapshot provides a clear picture of population trends, income levels, housing costs, and racial composition in 97702. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP code 97702 is home to a substantial population of 53,114 residents. This sizable community is spread across 21,679 households, indicating a robust local market for housing and services. With 23,318 total housing units in the area, there’s a slight surplus of homes compared to households, which could suggest availability for new residents or investors looking to enter the market. Whether you’re a homebuyer seeking a community with scale or a business owner eyeing a customer base, the population density in 97702 offers a promising foundation.

Income & Housing Costs

Financial metrics in ZIP 97702 paint a picture of a relatively affluent area. The median household income stands at $89,094, reflecting a strong earning capacity among residents. This income level supports a housing market where the median house value is $620,600—a significant investment but one that aligns with the area’s economic profile. For renters, the median rent is $1,825 per month, which indicates a competitive rental market. These figures suggest that 97702 is a location where both homeownership and renting come with a premium, but the income levels provide a buffer for many households.

Race & Ethnicity

The demographic makeup of ZIP 97702 shows a predominantly White population at 83.96%, with smaller percentages of other racial and ethnic groups. Hispanic residents account for 8.82% of the population, while Black and Asian communities represent 0.34% and 0.75%, respectively. This composition reflects a relatively homogenous area with some diversity, which may influence community dynamics, cultural offerings, and business opportunities. For those considering relocation or investment, understanding this breakdown can help tailor decisions to the local context.

Key Facts

• Total population in ZIP 97702: 53,114 residents, offering a sizable community for engagement.
• Total households: 21,679, indicating strong demand for housing and local services.
• Total housing units: 23,318, suggesting potential availability for new buyers or renters.
• Median household income: $89,094, reflecting a financially stable resident base.
• Median house value: $620,600, positioning 97702 as a high-value real estate market.
• Median rent: $1,825 per month, indicating a competitive rental landscape.
• Racial composition: Predominantly White (83.96%), with Hispanic (8.82%) as the largest minority group.

What This Means for You

For homebuyers, ZIP 97702 offers a stable, affluent community with a median house value of $620,600. While the price point is high, the median income of $89,094 suggests that many residents can sustain this cost of living, potentially ensuring neighborhood stability. Investors and real estate agents will note the slight surplus of housing units (23,318) over households (21,679), which could signal opportunities for property acquisition or development, though the high median value means careful market analysis is key. Small-business owners can leverage the large population of 53,114 and solid income levels to target a customer base with disposable income, particularly in sectors like retail or services. Analysts studying 97702 will find the demographic data—especially the racial composition and income metrics—useful for forecasting trends or identifying market gaps. Across all groups, the data points to a community with strong economic underpinnings but a need for strategic financial planning due to elevated housing costs.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 97702? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Input any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to inform your next move, whether you’re buying a home, investing, or planning a business venture.