ZIP 32003 - 860Z200US32003 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 32003, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of suburban appeal and economic strength. With a population of over 29,000 and a median household income surpassing $119,000, this region presents unique opportunities for homebuyers, real estate investors, agents, small-business owners, and analysts. In this detailed snapshot, we break down the 2023 data to provide actionable insights into population trends, income levels, housing costs, and cultural diversity in ZIP 32003.

Population & Households

ZIP 32003 is home to a population of 29,351 residents, reflecting a sizable community with a strong residential base. These individuals are distributed across 11,297 households, indicating an average household size that supports family-oriented or multi-person living arrangements. The total number of housing units stands at 11,842, suggesting a slight surplus of available properties relative to occupied households. This balance could indicate opportunities for growth or investment in the area, especially for those looking to buy or develop property in a stable community.

Income & Housing Costs

One of the standout metrics for ZIP 32003 is its robust median household income of $119,046. This figure points to a financially secure population with significant purchasing power, which is a positive signal for businesses and investors eyeing this market. On the housing front, the median home value is $387,400, reflecting a competitive yet accessible real estate market for buyers with above-average budgets. For renters, the median rent is $1,918 per month, which aligns with the area’s higher income levels and suggests a demand for quality rental properties. These numbers highlight ZIP 32003 as a location where both homeownership and renting cater to a relatively affluent demographic.

Race & Ethnicity

The cultural fabric of ZIP 32003 is predominantly White, with 78.19% of the population identifying as such. Hispanic or Latino residents make up 10.7%, adding a notable layer of diversity to the community. Black or African American residents account for 4.63%, while Asian residents comprise 2.93%. This mix indicates a primarily homogenous area with pockets of diversity, which can influence community dynamics, business offerings, and cultural events. For businesses and investors, understanding this composition can help tailor services or marketing strategies to resonate with the local population.

Key Facts

• Total population: 29,351 residents in ZIP 32003 as of 2023.
• Total households: 11,297, supporting a family-friendly or multi-person living environment.
• Total housing units: 11,842, indicating potential availability for new residents or investors.
• Median household income: $119,046, showcasing strong economic stability.
• Median home value: $387,400, reflecting a competitive real estate market.
• Median rent: $1,918 per month, appealing to higher-income renters.
• Racial composition: 78.19% White, 10.7% Hispanic, 4.63% Black, 2.93% Asian.

What This Means for You

For homebuyers, ZIP 32003 offers a financially stable community with a median home value of $387,400, ideal for those seeking a long-term investment in a prosperous area. The slight surplus of housing units (11,842 total) compared to households (11,297) suggests there may be room to negotiate or find available properties. Real estate investors and agents can capitalize on the strong median income of $119,046, which supports demand for both purchase and rental properties, especially with a median rent of $1,918 indicating a lucrative rental market. Small-business owners will find a promising customer base with disposable income, particularly for services or products catering to family-oriented or affluent demographics. Analysts can use these metrics to assess market trends, noting the area’s diversity (10.7% Hispanic) as a potential growth factor for niche markets. Whether you’re buying, investing, or starting a business, ZIP 32003 presents a balanced and opportunity-rich environment.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 32003? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, housing, and economic data tailored to your needs.
• Use the insights to make informed decisions for your home purchase, investment, or business strategy.