ZIP 98683 - 860Z200US98683 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 98683, located in the Vancouver, Washington area, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 98683 unique and how it could align with your goals.

Population & Households

ZIP 98683 is home to a population of 31,613 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 13,587 households, reflecting a mix of family and individual living arrangements. With 14,352 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking for rental opportunities. This balance suggests a stable residential base, ideal for those seeking a settled yet growing area.

Income & Housing Costs

The median household income in ZIP 98683 stands at $83,821, positioning it as a relatively affluent area compared to national averages. This income level supports a robust local economy, which can be a draw for small businesses and service providers. On the housing front, the median home value is $501,500, reflecting a strong real estate market that may appeal to buyers looking for long-term value appreciation. For renters, the median rent is $1,783 per month, indicating a competitive rental market that could be profitable for landlords but requires careful budgeting for tenants. These figures highlight ZIP 98683 as a community with solid economic foundations, though affordability may be a consideration for some.

Race & Ethnicity

The demographic makeup of ZIP 98683 showcases a diverse yet predominantly white population. Approximately 64.78% of residents identify as white, while 13.22% are Hispanic, 10.46% are Asian, and 1.59% are Black. This diversity contributes to a culturally rich environment, which can be a significant asset for businesses catering to varied customer bases or families seeking an inclusive community. Understanding this composition can help stakeholders tailor their strategies, whether it’s marketing a business or choosing a neighborhood that aligns with personal values.

Key Facts

• Total population: 31,613 residents, offering a suburban community scale.
• Total households: 13,587, indicating a mix of family and solo living.
• Total housing units: 14,352, with slight availability over occupied homes.
• Median household income: $83,821, supporting a strong local economy.
• Median home value: $501,500, reflecting a valuable real estate market.
• Median rent: $1,783, suggesting a competitive rental landscape.
• Racial composition: 64.78% white, 13.22% Hispanic, 10.46% Asian, 1.59% Black.

What This Means for You

For homebuyers, ZIP 98683 offers a stable and appreciating housing market with a median home value of $501,500, ideal for those looking to invest in a property with potential for growth. However, with a median rent of $1,783, renters should plan for higher-than-average costs and explore options for shared housing or income-aligned neighborhoods within the area. Real estate investors and agents will find opportunity in the slight surplus of housing units (14,352 total vs. 13,587 households), which could translate to rental or flip potential, especially given the strong median income of $83,821 supporting tenant reliability. Small-business owners can leverage the diverse population of 31,613 and cultural mix to offer targeted products or services, particularly in sectors like food, retail, or community services that resonate with varied demographics. Analysts can use these metrics to benchmark ZIP 98683 against nearby areas for deeper market studies. Whatever your role, this data provides a foundation for strategic planning.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 98683? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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