ZIP 98665 - 860Z200US98665 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 98665, located in the Vancouver, Washington area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 28,000 and a mix of housing options, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes ZIP 98665 stand out and how it might align with your goals.

Population & Households

ZIP 98665 is home to 28,243 residents, making it a moderately sized community with a suburban feel. These individuals are spread across 11,602 households, reflecting a strong base of families, singles, and retirees. The total number of housing units stands at 11,894, 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 98665 is $83,750, a figure that points to a relatively stable economic environment. 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 $447,700, reflecting a robust real estate market that could appeal to investors seeking appreciation potential. For renters, the median rent is $1,678 per month, which aligns with the area’s income levels but may require careful budgeting for some households. These figures provide a balanced view of affordability and investment potential in this ZIP code.

Race & Ethnicity

The demographic makeup of ZIP 98665 showcases a diverse yet predominantly white community. Approximately 70.25% of residents identify as white, while 14.14% are Hispanic, 4.74% are Asian, and 3.43% are Black. This diversity contributes to a culturally rich environment, which can be a draw for families and businesses looking to cater to a varied customer base. Understanding the ethnic composition can also help investors and business owners tailor their strategies to meet the needs of different community segments.

Key Facts

• Total population: 28,243 residents, offering a sizable market for businesses and services.
• Total households: 11,602, indicating a strong residential base.
• Total housing units: 11,894, with a small surplus of available properties.
• Median household income: $83,750, suggesting economic stability.
• Median home value: $447,700, pointing to a strong real estate market.
• Median rent: $1,678, reflecting rental costs in line with income levels.
• Racial diversity: 70.25% white, 14.14% Hispanic, 4.74% Asian, 3.43% Black, fostering a varied community.

What This Means for You

For homebuyers, ZIP 98665 offers a promising mix of housing options with a median value of $447,700, ideal for those looking to invest in a growing area. The slight surplus of housing units (11,894 vs. 11,602 households) could mean less competition for available properties. Investors and real estate agents will find the strong median home value and stable income levels attractive for long-term growth, while the rental market, with a median rent of $1,678, supports potential cash flow from tenants. Small-business owners can tap into a diverse population of 28,243 and a median household income of $83,750, which suggests disposable income for goods and services. Finally, analysts can use these metrics to benchmark ZIP 98665 against neighboring areas for deeper market studies. Whether you’re buying, investing, or starting a business, these insights provide a solid foundation for decision-making.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 98665? 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 make informed decisions for your next home purchase, investment, or business venture.