80723 Zip Code Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for the 80723 zip code? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for 80723, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

80723 is a zip code in Morgan County and Washington County, Colorado, which covers Brush CCD and Akron, with a total population of 6,727 people.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in 80723 is $68,542.00.

The chart below shows the average household income by age in 80723.

• Under 25
  $64,792.00
• 25 to 44
  $70,349.00
• 45 to 64
  $98,525.00
• 65 and over
  $39,771.00

Average Household Income

A very commonly asked question is "what is the average household income in the 80723 zip code?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in 80723 is $81,758.00.

3.12% of households in the 80723 zip code are classed as high income households (making $200,000+ per year).

Household Income Tiers for 80723

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for the 80723 zip code easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  21.87%
• $25,000 to $49,999
  18.00%
• $50,000 to $74,999
  17.21%
• $75,000 to $99,999
  15.32%
• $100,000 to $149,999
  16.58%
• $150,000 to $199,999
  7.90%
• $200,000 or more
  3.12%

Per Capita Income

The per capita income is the average income of all people in the 80723 zip code. This is calculated by dividing the total income of all people in 80723 by the total number of people in 80723.

It differs from the average or mean household income because it includes all people in 80723 and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in the 80723 zip code is $31,646.00.

Population in 80723 by Race and Ethnicity

The total population in 80723 is currently 6,727 people.

The race and ethnicity of the population in 80723 can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in the 80723 zip code.

• 4.00% White
  269
• 69.90% Black/African American
  4,701
• 66.30% Native
  4,459
• 12.10% Hispanic
  817
• 0.50% Asian
  33
• 0.30% Hawaiian/Pacific Islander
  18
• 0.00% Two or more races
  0
• 0.00% Other
  0

Population of 80723 by Age and Gender

Another very important demographics statistic for the 80723 zip code is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in the 80723 zip code.

• Master's degree or higher
  11.01%
• Bachelor's degree
  22.11%
• Some college or associate's degree
  19.64%
• High school diploma or equivalent
  45.08%
• Less than high school diploma
  2.17%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for 80723 because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in 80723 look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in the 80723 zip code that are over the age of 16.

The current population in 80723 that are over the age of 16 is 5,202 people.

The unemployment rate in 80723 is 3.60%, which means 119 people are unemployed.

Median Age in 80723

The median age is an interesting metric because it gives us an idea of the age distribution of people in the 80723 zip code. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in 80723 is 35.3 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in 80723

35.3

Total

34.2

Male

37

Female

Households and Families

There are a total of 2,533 households in 80723, and the average household size is 2.54 people.

For families, the total number is 1,757, and the average family size is 3.06 people.

10.20% of those families in the 80723 zip code are living below the poverty line.

The table below shows the poverty thresholds for 80723 in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in the 80723 zip code for each type, as well as the average sizes.

Housing Data in 80723

There are total of 2,711 housing units in the 80723 zip code. Of those units, 2,533 (93.43%) are occupied, and 178 (6.57%) are vacant.

Rental Rates

Of the 2,711 housing units in 80723, 799 (29.47%) are occupied by renters. The median rent paid by renters is $1,008.00.

Owner occupied housing units make up the remaining 62.49% of housing units, with 1,694 housing units in total.

The table below breaks down how much rent is paid by renters in the 80723 zip code.

• No rent paid
  40
• Less than $500
  120
• $500 to $999
  274
• $1,000 to $1,499
  218
• $1,500 to $1,999
  187
• $2,000 to $2,499
  0
• $2,500 to $2,999
  0
• $3,000 or more
  0

Property Values

The median value of a property in 80723 is $255,300.00.

The table below breaks down the range of valuations for all properties in 80723.

• Less than $50,000
  161
• $50,000 to $99,999
  122
• $100,000 to $149,999
  144
• $150,000 to $199,999
  233
• $200,000 to $299,999
  601
• $300,000 to $499,999
  342
• $500,000 to $999,999
  88
• $1,000,000 or more
  3

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in the 80723 zip code.

• 1939 or earlier
  511
• 1940 to 1949
  60
• 1950 to 1959
  467
• 1960 to 1969
  113
• 1970 to 1979
  777
• 1980 to 1989
  177
• 1990 to 1999
  377
• 2000 to 2009
  118
• 2010 to 2013
  111
• 2014 or later
  0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in 80723 has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  213
• 1 vehicle available
  608
• 2 vehicles available
  1,014
• 3 or more vehicles available
  698

Commuting to Work in 80723

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of the 80723 zip code, how they commute, and how that correlates to other data points.

The average travel time is 18.1 minutes, and the chart below covers the range of travel times across the population of 80723.

• Less than 5 minutes
  234
• 5 to 9 minutes
  844
• 10 to 14 minutes
  686
• 15 to 19 minutes
  274
• 20 to 24 minutes
  319
• 25 to 29 minutes
  22
• 30 to 34 minutes
  121
• 35 to 39 minutes
  38
• 40 to 44 minutes
  63
• 45 to 59 minutes
  11
• 60 to 89 minutes
  188
• 90 or more minutes
  101

We can also look at the means of transport in 80723 to see which modes of transport people are using to commute to work.

• Drove alone
  2,352
• Carpooled
  217
• Public transportation
  0
• Walked
  292
• Other means
  40
• Worked from home
  95

Conclusion

Hopefully this article has given you the demographics data you were looking for in the 80723 zip code.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for 80723.

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