80924 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: El Paso County
Centroid: Latitude 38.739, Longitude -104.635
Time Zone: Mountain Time Zone (UTC -7 hours)
Observes DST: Yes

Businesses Addresses: 64
PO Box Addresses: 0
Residential Addresses: 5,386

Multi-Family Addresses: 1,965
Single Family Addresses: 3,421

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: November 4, 2020.

Colorado Springs, CO 80924 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	14,202 (100%)
Population in Households	14,202 (100.0%)
Population in Families	12,868 (90.6%)
Population in Group Quarters¹	0
Population Density	3,137
Diversity Index²	47


INCOME
Median Household Income	$123,004
Average Household Income	$150,342
% of Income for Mortgage⁴	16%
Per Capita Income	$48,886
Wealth Index⁵	171

HOUSING
Total HU (Housing Units)	4,904 (100%)
Owner Occupied HU	3,642 (74.3%)
Renter Occupied HU	976 (19.9%)
Vacant Housing Units	286 ( 5.8%)
Median Home Value	$469,025
Average Home Value	$497,968
Housing Affordability Index³	163

HOUSEHOLDS
Total Households	4,618
Average Household Size	3.08
Family Households	3,625
Average Family Size	4

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Colorado Springs, CO 80924 - Peer Comparisons by Rank and Percentile

The table below compares 80924 to the other 514 ZIP Codes in Colorado by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	11.74%	9.09%
Households	11.78%	9.19%
Families	11.59%	9.08%
Median Household Income		0.35%
Per Capita Income		-0.34%
Owner Occupied HU		10.34%

Variable Description	Rank	Percentile
Total Population	# 153	70th
Population Density	# 71	86th
Median Household Income	# 13	98th
Housing Affordability Index	# 400	78th
Per Capita Income	# 75	86th
Diversity Index	# 186	64th

Colorado Springs, CO 80924 ZIP Code Profile

ZIP Code 80924: Basic Data & USPS Preferred City Name

Colorado Springs, CO 80924 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Colorado Springs, CO 80924 - Peer Comparisons by Rank and Percentile

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