ZIP 32218 - 860Z200US32218 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 32218, located in the Jacksonville, Florida area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a sizable population, diverse racial composition, and a range of housing metrics, this ZIP code presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key data to help you make informed decisions about living, working, or investing in 32218.

Population & Households

ZIP 32218 is home to a robust population of 71,066 residents as of 2023, making it a vibrant and active community. This area supports 25,154 households, reflecting a strong base of families and individuals. With 27,895 total housing units, there’s a mix of occupied and available properties, which could signal opportunities for buyers or investors looking to enter the market. The population size and household count suggest a community with significant demand for goods, services, and housing—a key consideration for business owners and real estate professionals.

Income & Housing Costs

The median household income in ZIP 32218 stands at $68,363, indicating a moderate earning capacity for many residents. This income level can influence local purchasing power, which is critical for small businesses planning to serve the area. On the housing front, the median house value is $260,300, offering a relatively accessible entry point for homebuyers compared to higher-priced markets in other parts of Florida. For renters, the median rent is $1,416 per month, which aligns with the income levels but may pose affordability challenges for some. These figures provide a balanced view of the cost of living and potential returns for property investors.

Race & Ethnicity

The racial and ethnic composition of ZIP 32218 reflects a diverse community, which can enrich the cultural fabric and influence local business offerings. Black residents make up the largest group at 48.36%, followed by White residents at 34.8%. Hispanic or Latino individuals account for 8.87% of the population, while Asian residents represent 1.8%. This diversity suggests a multicultural environment that could appeal to a wide range of buyers, businesses, and investors seeking inclusive communities with varied consumer needs and preferences.

Key Facts

• Total population in ZIP 32218: 71,066 residents.
• Total households: 25,154, supporting a strong community base.
• Total housing units: 27,895, with potential availability for new occupants.
• Median household income: $68,363, reflecting moderate earning power.
• Median house value: $260,300, accessible for many buyers.
• Median rent: $1,416 per month, a key factor for renters and landlords.
• Racial diversity: 48.36% Black, 34.8% White, 8.87% Hispanic, 1.8% Asian.

What This Means for You

For homebuyers, ZIP 32218 offers a median house value of $260,300, which could be an attractive price point in the Jacksonville area, paired with a diverse and sizable community of over 71,000 people. However, consider the median rent of $1,416 if you’re exploring rental options, as it may impact monthly budgets. Real estate investors and agents will find potential in the 27,895 housing units, some of which may be vacant or available for turnover, alongside a median income of $68,363 that supports stable tenant pools. The diversity in the area also means a broad market for property types and styles. Small-business owners can leverage the population size and cultural mix to tailor products or services—think community-focused offerings that resonate with a varied customer base. Finally, analysts can use these metrics to assess growth trends, housing demand, and economic stability in 32218, providing valuable insights for clients or stakeholders.

Run This Study Yourself

• Want to dive deeper into ZIP 32218 or compare it with other areas? Start by visiting ZipcodeGPT for a user-friendly platform to analyze demographic and housing data.
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