Welcome to our comprehensive guide to the 85016 zip code! Located in the heart of Phoenix, Arizona, 85016 is a vibrant and diverse area that offers something for everyone. From its rich history to its thriving real estate market, this zip code is a true gem worth exploring.
When it comes to demographics, 85016 is home to a dynamic mix of residents. From young professionals to families, this zip code attracts people from all walks of life. The median age in 85016 is 38 years, and the median household income is $60,782. With a population density of 8,694 people per square mile, this area is always bustling with energy.
If you’re considering moving to 85016, you’ll be pleased to know that the real estate market is thriving. The average home price in this zip code is $366,000, with a wide range of options available, from charming bungalows to luxurious estates. Whether you’re looking to buy or rent, there’s sure to be a property that suits your needs.
Aside from its impressive real estate offerings, 85016 has plenty to offer in terms of amenities and attractions. From trendy restaurants to upscale shopping malls, you’ll never be bored or hungry in this zip code. The nearby Camelback Mountain provides opportunities for outdoor adventures, and the Phoenix Art Museum offers a glimpse into the vibrant local art scene.
In conclusion, 85016 is a zip code that truly has it all. With its diverse demographics, thriving real estate market, and ample amenities, this area is a top choice for anyone looking to settle down in Phoenix. Whether you’re a young professional or a growing family, you’ll find everything you need and more in 85016.
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Overview of 85016 Zip Code
The 85016 zip code is located in Maricopa County, Arizona. It covers a diverse area that includes parts of Phoenix and has a population of approximately 34,780 people. This zip code is known for its variety of neighborhoods and attractions.
One of the notable neighborhoods in the 85016 zip code is Biltmore, which is known for its luxury homes and upscale shopping experiences. It is home to the famous Biltmore Fashion Park, a high-end outdoor shopping center that offers a variety of retail and dining options.
The 85016 zip code is also home to a number of medical facilities, including the Banner – University Medical Center Phoenix and the Phoenix Children’s Hospital. These hospitals provide comprehensive healthcare services to the residents of the area.
Residents of the 85016 zip code can also enjoy a variety of outdoor recreational activities. The Phoenix Mountains Preserve, located in the northern part of the zip code, offers hiking and biking trails, as well as beautiful views of the surrounding desert landscape.
Real estate in the 85016 zip code is diverse, ranging from luxury homes in the Biltmore neighborhood to more affordable options in other parts of the zip code. The median home value in this zip code is $370,000, with the majority of residents owning their homes.
In terms of education, the 85016 zip code is served by several school districts, including the Phoenix Union High School District and the Madison Elementary School District. There are also a number of private schools in the area, providing residents with a variety of educational options.
Overall, the 85016 zip code offers a diverse range of neighborhoods, amenities, and recreational opportunities. With its convenient location and variety of housing options, it is an attractive place to live for individuals and families alike.
Zip Code Guide and Demographics
Welcome to our comprehensive guide on zip code 85016! This zip code is located in Phoenix, Arizona and is known for its vibrant community and diverse demographics.
With a total population of approximately 43,719 people, zip code 85016 offers a wide range of amenities and attractions. From trendy restaurants and boutique shops to beautiful parks and recreational areas, there is something for everyone in this area.
The average household income in zip code 85016 is $66,713, which is slightly higher than the national average. This reflects the thriving economy and job opportunities in the area. The cost of living here is also relatively affordable, making it an attractive place to live for individuals and families.
When it comes to education, zip code 85016 boasts a number of high-quality schools. From top-rated public schools to prestigious private institutions, parents have a variety of options to choose from for their children’s education.
In terms of housing, zip code 85016 offers a mix of property types, including single-family homes, townhouses, and apartments. The average home price in this area is $364,463, making it an ideal location for first-time buyers and young professionals. With its convenient location and affordable housing options, zip code 85016 continues to attract new residents.
Overall, zip code 85016 offers a desirable place to live, work, and play. Whether you’re looking for a vibrant community, good schools, or affordable housing, this zip code has it all. Welcome to zip code 85016!
Real Estate Data in 85016
Looking to invest in real estate in the 85016 zip code area? Here is some important data to consider before making a decision.
Median Home Price
The median home price in 85016 is $400,000. This is higher than the national average, making it a desirable location for homeowners and investors alike.
Sales Price Trends
Over the past year, the average sales price of homes in 85016 has increased by 5%. This indicates a healthy and growing real estate market in the area.
It’s also worth noting that the sales price per square foot in this zip code is $250, which is slightly above the national average. This could indicate that properties in 85016 are more spacious or have higher-end features.
Rental Market
Renting a property in 85016 is also a popular option. The average rental price in this area is $1,800 per month, which is higher than the national average.
Additionally, the rental vacancy rate is relatively low at 3%. This suggests that there is high demand for rental properties in this zip code, making it a potentially profitable investment for landlords.
Whether you’re looking to buy or rent, the real estate market in 85016 offers opportunities for both homeowners and investors. With its higher-than-average home prices and rental rates, this zip code is definitely one to consider.