ZIP 32309 - 860Z200US32309 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 32309, located in the Tallahassee area of Florida, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 33,000 and a robust median household income, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes ZIP 32309 stand out.

Population & Households

ZIP 32309 is home to 33,962 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 13,116 households, reflecting a strong residential base. The total number of housing units stands at 13,719, indicating a slight surplus of available properties compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant units.

Income & Housing Costs

One of the standout features of ZIP 32309 is its median household income of $110,162, which is notably higher than many surrounding areas. This figure points to a financially stable community with significant purchasing power, an attractive trait for businesses and service providers. On the housing front, the median home value is $351,800, reflecting a competitive yet accessible real estate market for buyers with above-average budgets. For renters, the median rent is $1,363 per month, which aligns with the area’s income levels and offers a viable alternative to homeownership.

Race & Ethnicity

The demographic makeup of ZIP 32309 is predominantly White, with 74.57% of the population identifying as such. Black residents account for 9.42%, while Asian residents make up 2.75%. Additionally, 7.8% of the population identifies as Hispanic. This composition reflects a primarily White community with notable diversity, which can influence cultural offerings, community events, and business opportunities. Understanding this mix is crucial for businesses tailoring their services or for families seeking a specific community vibe.

Key Facts

• Total population: 33,962 residents in 2023.
• Total households: 13,116, indicating a strong residential presence.
• Total housing units: 13,719, with a small surplus of available properties.
• Median household income: $110,162, showcasing economic strength.
• Median home value: $351,800, reflecting a competitive housing market.
• Median rent: $1,363, offering a balanced rental option.
• Racial composition: 74.57% White, 9.42% Black, 2.75% Asian, 7.8% Hispanic.

What This Means for You

For homebuyers, ZIP 32309 offers a financially stable community with a median home value of $351,800, ideal for those with solid budgets looking for long-term value. The slight surplus of housing units (13,719 total versus 13,116 households) could mean less competition for available properties. Real estate investors and agents might find opportunities in the unoccupied units, especially given the area’s high median income of $110,162, which supports strong rental demand at a median rate of $1,363. The demographic diversity, while predominantly White, still offers a varied tenant base.

For small-business owners, the high median income suggests residents have disposable income for goods and services, particularly in sectors like retail, dining, or professional services. The population size of 33,962 ensures a sizable customer base, while the diversity (including 7.8% Hispanic and 9.42% Black residents) allows for targeted marketing or niche offerings. Analysts can use these metrics to benchmark ZIP 32309 against other areas, focusing on income and housing cost trends to predict future growth or investment potential.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 32309? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture.