81507 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Mesa County
Centroid: Latitude 39.105, Longitude -108.548
Time Zone: Mountain Time Zone (UTC -7 hours)
Observes DST: Yes

Businesses Addresses: 95
PO Box Addresses: 0
Residential Addresses: 6,935

Multi-Family Addresses: 0
Single Family Addresses: 6,935

Foreclosures in CO 81507

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

Grand Junction, CO 81507 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	15,829 (100%)
Population in Households	15,806 (99.9%)
Population in Families	13,554 (85.6%)
Population in Group Quarters¹	23 ( 0.1%)
Population Density	406
Diversity Index²	31


INCOME
Median Household Income	$93,136
Average Household Income	$130,324
% of Income for Mortgage⁴	26%
Per Capita Income	$53,351
Wealth Index⁵	181

HOUSING
Total HU (Housing Units)	6,858 (100%)
Owner Occupied HU	5,872 (85.6%)
Renter Occupied HU	629 ( 9.2%)
Vacant Housing Units	357 ( 5.2%)
Median Home Value	$462,978
Average Home Value	$526,592
Housing Affordability Index³	100

HOUSEHOLDS
Total Households	6,501
Average Household Size	2.43
Family Households	4,819
Average Family Size	3.00

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.

Grand Junction, CO 81507 - Peer Comparisons by Rank and Percentile

The table below compares 81507 to the other 516 ZIP Codes in Colorado by rank and percentile using July 1, 2022 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	2020-2022	2022-2027
Population	0.01%	-0.07%
Households	0.05%	0.09%
Families		0.06%
Median Household Income		3.09%
Per Capita Income		4.04%
Owner Occupied HU		0.26%

Variable Description	Rank	Percentile
Total Population	# 144	72nd
Population Density	# 156	70th
Median Household Income	# 127	76th
Housing Affordability Index	# 254	49th
Per Capita Income	# 108	79th
Diversity Index	# 426	17th

81507 ZIP Code Profile, Map, Data & Demographics

ZIP Code 81507: Basic Data & USPS Preferred City Name

Grand Junction, CO 81507 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Grand Junction, CO 81507 - Peer Comparisons by Rank and Percentile

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