Oracle, AZ · standard
ZIP Code 85623
Pinal County, Arizona - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 4,073
- 5/sq mi Low-density area
- $68,541
- Median income Near-median income area
- $428,200
- Median home value Above-median home value
- 43.3%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Oracle pairs a below-median household income with upper-quartile home values, in a rural, homeowner-dominated area.
- 44th pct
- household income, US ZIPs
- Top 18%
- home value, US ZIPs
- 5
- people per sq mi
- 89%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 85623 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 85623 (Oracle, AZ) fell -10.1% from 2023 to 2024. The all-transactions index moved from 337.3 in 2023 to 303.2 in 2024 (2000 = 100).
ZIP code 85623 covers 905.1 square miles in Oracle, Pinal County, Arizona (a standard USPS delivery area), with a modest 4,073 residents on file, a density of 5 people per square mile, in the Phoenix time zone.
ZIP 85623 reports a modest median household income of $68,541 (6% below the average Arizona ZIP), while per-capita income is $45,554. The poverty rate is 12.8%, with unemployment at 2.4%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $428,200 (27% above the average Arizona ZIP), while 89.4% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 43.3% of adults hold a bachelor's degree or higher, the median age is 66.6, and the average commute is -. No nearby ZIP peer set is available for this delivery area, so the Arizona and national benchmarks above are the appropriate context for 85623.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 85623
Top 5 sectors by establishment count in Oracle, AZ
Which industries have the most business establishments in ZIP 85623.
- Real estate and rental and leasing
Real estate and rental and leasing
10 establishments
- Construction
Construction
8 establishments
- Retail trade
Retail trade
7 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
7 establishments
- Accommodation and food services
Accommodation and food services
7 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 85623, Oracle, AZ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
4,073
Population
905.1
Area (sq mi)
5
People / sq mi
Phoenix
Time Zone
standard
ZIP Type
Who lives in ZIP 85623?
66.6
Median Age
53.7%
Male
46.3%
Female
6.1%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$68,541
Median Household Income
-6% vs state ZIP avg
$45,554
Per Capita Income
12.8%
Poverty Rate
2.4%
Unemployment Rate
How ZIP 85623 ranks among Arizona ZIPs
Oracle, AZ household income vs. every Arizona ZIP code
Median household income among 372 reporting Arizona ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$68,541 49th percentile higher than 49% of 372 Arizona ZIPs
Each bar is a $20K-wide band; taller bars hold more Arizona ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
3,136housing units
3,136
Total Housing Units
2,902
Occupied Units
234
Vacant Units
1.92
Avg Household Size
Occupancy Type
$428,200
Median Home Value
+27% vs state ZIP avg
2004
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
-10.1%
YoY Change (2024)
303
HPI Index (2000 = 100)
+203%
Total Change Since 2000
Home values in ZIP 85623 have decreased 10.1% over the past year (2024). Since 2000, this ZIP has seen +203% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +1.6% | 168 |
| 2021 | +22.0% | 205 |
| 2022 | +26.1% | 258 |
| 2023 | +30.7% | 337 |
| 2024 | -10.1% | 303 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 66 business establishments in ZIP 85623, employing approximately 669 people with a combined annual payroll of $34,785,000.
66
Businesses
669
Employees
$34.8M
Annual Payroll
8
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Real estate and rental and leasing | 10 | 15.2% |
| Construction | 8 | 12.1% |
| Retail trade | 7 | 10.6% |
| Professional, scientific, and technical services | 7 | 10.6% |
| Accommodation and food services | 7 | 10.6% |
| Other services (except public administration) | 7 | 10.6% |
| Health care and social assistance | 6 | 9.1% |
| Manufacturing | 3 | 4.5% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 85623, both outside AZ so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (4,073 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Pinal County
Related Areas
Frequently Asked Questions
What county is ZIP code 85623 in?
ZIP code 85623 (Oracle) is located in Pinal County, Arizona. Pinal County contains multiple ZIP codes, see the full list at /counties/pinal-az.
What is the population of ZIP code 85623?
ZIP code 85623 in Oracle, AZ has a population of 4,073 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 85623?
The median household income in ZIP 85623 is $68,541, which is 10% below the national average of $76,288.
What is the average home value in ZIP 85623?
The median home value in ZIP 85623 is $428,200, which is 54% above the national average of $278,155.
What is the demographic makeup of ZIP 85623?
The largest racial group in ZIP 85623 is White at 75.5%. Hispanic or Latino residents make up 23.2% of the population.
How many businesses are in ZIP code 85623?
ZIP code 85623 has 66 business establishments employing approximately 669 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 85623?
The top industries by establishment count in ZIP 85623 are: Real estate and rental and leasing (10), Construction (8), Retail trade (7). There are 8 industry sectors represented in total.
How have home values changed in ZIP code 85623?
According to the FHFA House Price Index, home values in ZIP 85623 decreased by 10.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 203%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 85623?
In ZIP code 85623, 63.7% of residents aged 25+ have a high school diploma or higher, and 43.3% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 85623?
In ZIP code 85623, approximately 89.4% of occupied housing units are owner-occupied and 10.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 85623?
The poverty rate in ZIP code 85623 is 12.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
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- See how ZIP 85623 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.