ZIP Code 91406 — Demographics & Housing Data 2023

Overview

If you’re considering a move, investment, or business opportunity in ZIP 91406, located in the San Fernando Valley area of Los Angeles, California, understanding the local demographics and housing landscape is essential. This snapshot provides a clear, data-driven look at the population, income levels, housing costs, and racial composition of this vibrant community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living, working, or investing in 91406.

Population & Households

As of 2023, ZIP 91406 is home to a population of 52,661 residents. This sizable community is distributed across 19,154 households, reflecting a diverse and active area. The total number of housing units stands at 19,650, indicating a relatively tight housing market with limited vacancy. For families, investors, or businesses, this population density suggests a robust local market with potential for both residential and commercial opportunities.

Income & Housing Costs

The median household income in ZIP 91406 is $76,653, which points to a community with moderate to strong earning power. This income level can support a range of lifestyles and business customer bases. On the housing front, the median house value is $765,000, reflecting the high demand and competitive real estate market typical of the Los Angeles area. For renters, the median rent is $1,859 per month, which aligns with the region’s elevated cost of living. These figures are critical for homebuyers assessing affordability or investors evaluating potential returns on rental properties or home sales.

Race & Ethnicity

The racial and ethnic composition of ZIP 91406 showcases a richly diverse community. The largest demographic group is Hispanic, making up 58.1% of the population, followed by White residents at 26.08%. Asian individuals account for 7.93%, and Black residents comprise 4.0% of the population. This diversity creates a culturally dynamic environment, which can be a significant draw for families seeking inclusive neighborhoods or businesses aiming to serve a varied customer base. Understanding this mix can help tailor real estate strategies or marketing approaches to resonate with the local community.

Key Facts

• Total population in ZIP 91406: 52,661 residents.
• Total households: 19,154, indicating a dense residential area.
• Total housing units: 19,650, suggesting limited availability of vacant properties.
• Median household income: $76,653, reflecting solid earning potential.
• Median house value: $765,000, indicative of a competitive real estate market.
• Median rent: $1,859, aligning with regional housing cost trends.
• Dominant ethnic group: Hispanic at 58.1%, highlighting significant cultural diversity.

What This Means for You

For homebuyers, ZIP 91406 offers a diverse and vibrant community, but the median house value of $765,000 signals a need for substantial financial planning. The median rent of $1,859 also suggests that renting might be a more accessible entry point for some. Weighing these costs against the median household income of $76,653 can help determine affordability.

For real estate investors and agents, the tight housing market (with only a small gap between total units and occupied households) indicates potential for high demand and quick turnover of properties. The high median home value could translate to strong appreciation over time, while the rental market offers steady income potential given the median rent figures.

For small-business owners, the population of over 52,000 and diverse demographic makeup provide a sizable and varied customer base. The median income level suggests that residents have disposable income to support local businesses, particularly those catering to cultural or community-specific needs.

For analysts, these metrics offer a foundation for deeper studies into housing trends, economic stability, or community development in 91406. The data points to a stable, diverse area with significant economic activity.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 91406? 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 make informed decisions, whether you’re buying a home, investing, or planning a business venture.