ZIP 32114 - 860Z200US32114 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 32114, understanding the local demographics and housing landscape is essential. Located in Daytona Beach, Florida, this area offers a unique blend of diversity and affordability that appeals to a wide range of interests. With a population of nearly 37,000 and a median household income of $39,906, ZIP 32114 presents a snapshot of a community with distinct characteristics. This article breaks down the key metrics—population, income, housing costs, and racial composition—to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 32114 is home to 36,984 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 14,905 households, reflecting a mix of family structures and living arrangements. The total number of housing units stands at 17,118, indicating some vacancy or availability for potential buyers or renters. This balance between population and housing suggests opportunities for growth, whether you're looking to settle down or invest in property.

Income & Housing Costs

The median household income in ZIP 32114 is $39,906, which positions the area as relatively affordable compared to national averages. This income level can influence purchasing power, local business viability, and overall economic activity. On the housing front, the median home value is $174,900—a price point that may attract first-time buyers or investors seeking value in an emerging market. For renters, the median rent is $1,171 per month, offering a reasonable cost of living for those not ready to buy. These figures highlight ZIP 32114 as a community where affordability meets opportunity.

Race & Ethnicity

ZIP 32114 stands out for its diverse population, which enriches the cultural fabric of the area. The racial composition includes 45.48% Black residents, making it the largest demographic group, followed by 36.46% White residents. Hispanic or Latino individuals account for 11.13% of the population, while Asian residents make up 1.58%. This diversity can be a draw for businesses seeking a broad customer base or for families looking for an inclusive community to call home.

Key Facts

• Total population: 36,984 residents, offering a sizable community for engagement.
• Total households: 14,905, reflecting a mix of family and individual living arrangements.
• Total housing units: 17,118, suggesting potential availability for new residents or investors.
• Median household income: $39,906, indicating an affordable economic environment.
• Median home value: $174,900, a competitive price for prospective buyers.
• Median rent: $1,171, providing a reasonable option for renters.
• Diverse demographics: 45.48% Black, 36.46% White, 11.13% Hispanic, and 1.58% Asian.

What This Means for You

For homebuyers, ZIP 32114 offers a chance to enter the housing market at a median value of $174,900, which is accessible for many budgets. The diversity and community size also mean a welcoming environment with varied cultural experiences. Real estate investors and agents can capitalize on the gap between total housing units (17,118) and households (14,905), which may indicate rental or flip opportunities in an area with growing potential. Small-business owners will find a diverse customer base of nearly 37,000 people, paired with a median income that supports local spending on goods and services. Finally, analysts can use these metrics to assess economic trends, housing demand, and community needs in ZIP 32114, providing valuable insights for broader studies or targeted investments.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 32114? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access detailed population, income, and housing metrics tailored to your needs.
• Use the insights to make informed decisions, whether you're buying a home, investing, or planning a business venture.