ZIP 32301 - 860Z200US32301 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 32301, located in the heart of Tallahassee, Florida, this demographic and housing snapshot offers a clear picture of the area’s population, income, and real estate landscape. Based on 2023 data, this analysis provides actionable insights for homebuyers, real estate investors, small-business owners, and analysts looking to understand the dynamics of this vibrant community. Let’s dive into the numbers and explore what makes ZIP 32301 unique.

Population & Households

ZIP 32301 is home to a population of 32,596 residents, making it a moderately sized urban area with a diverse community. The area supports 14,429 households, reflecting a mix of family units, singles, and professionals. With 17,029 total housing units, there’s a noticeable gap between available homes and occupied households, suggesting potential opportunities for housing development or rental investments. This balance of population density and housing availability makes ZIP 32301 an area worth watching for growth trends.

Income & Housing Costs

The median household income in ZIP 32301 stands at $50,412, which positions the area as a middle-income community. This income level supports a range of lifestyles and spending capacities, relevant for businesses targeting local consumers. On the housing front, the median home value is $211,900, offering a relatively accessible entry point for first-time buyers or investors compared to higher-priced markets. For renters, the median rent is $1,200 per month, indicating a competitive rental market that could appeal to property owners seeking steady income streams. These figures highlight ZIP 32301 as a balanced market for both owning and renting.

Race & Ethnicity

ZIP 32301 boasts a diverse demographic makeup, with a racial composition that reflects a rich cultural tapestry. Black residents make up the largest group at 49.09%, followed by White residents at 37.78%. Hispanic individuals account for 6.34% of the population, while Asian residents represent 3.04%. This diversity fosters a dynamic community environment, offering unique opportunities for businesses and cultural engagement. For investors and entrepreneurs, understanding this mix can help tailor services or marketing strategies to resonate with local residents.

Key Facts

• Total population: 32,596 residents in 2023, indicating a sizable community.
• Total households: 14,429, showing a strong base of local families and individuals.
• Total housing units: 17,029, with some vacancy that could signal investment potential.
• Median household income: $50,412, reflecting a middle-income economic profile.
• Median home value: $211,900, an accessible price point for many buyers.
• Median rent: $1,200, suggesting a robust rental market for landlords.
• Racial diversity: Predominantly Black (49.09%) and White (37.78%), with Hispanic (6.34%) and Asian (3.04%) representation.

What This Means for You

For homebuyers, ZIP 32301 offers a chance to enter the housing market at a median value of $211,900, which is reasonable for an urban area like Tallahassee. The diversity and population size suggest a lively community with access to amenities and social networks. Real estate investors and agents should note the gap between housing units and households, as well as the $1,200 median rent, which could translate to solid returns on rental properties or fixer-uppers. Small-business owners can leverage the area’s middle-income demographic and cultural diversity to offer targeted products or services, from dining to retail, that cater to varied tastes and needs. Finally, analysts can use these metrics to track economic and demographic trends, especially in a diverse and growing area like ZIP 32301. Whether you’re buying, investing, or building, this data provides a foundation for informed decisions.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 32301? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Input any ZIP code to access up-to-date population, housing, and income insights tailored to your needs.
• Use the detailed reports to make data-driven decisions for your next home purchase, investment, or business venture.