ZIP 32547 - 860Z200US32547 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 32547, located in the Fort Walton Beach area of Florida, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 35,000 and a mix of housing options, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down key metrics on population, income, housing costs, and diversity to help you make informed decisions about living or working in ZIP 32547.

Population & Households

ZIP 32547 is home to a sizable population of 35,522 residents as of 2023. This community supports 14,714 households, reflecting a vibrant and active area with a mix of families, singles, and retirees. The total number of housing units stands at 16,112, indicating a slight surplus of available homes compared to occupied households. This gap could signal opportunities for buyers or investors looking to enter the market, as well as potential rental demand for property owners in ZIP 32547.

Income & Housing Costs

The median household income in ZIP 32547 is $67,822, which suggests a stable economic base for many residents. This income level supports a comfortable lifestyle in the area, especially when paired with housing costs that align with regional trends. The median house value is $299,400, making homeownership a realistic goal for many middle-income buyers while offering solid appreciation potential for investors. For renters, the median rent is $1,421 per month, reflecting a competitive rental market that could appeal to landlords or those seeking temporary housing in ZIP 32547.

Race & Ethnicity

ZIP 32547 boasts a diverse community, which adds to its cultural richness and appeal for a wide range of residents and businesses. The racial and ethnic composition includes 59.35% White, 11.35% Black, 3.27% Asian, and 18.63% Hispanic residents. This diversity can be a draw for small-business owners looking to cater to varied customer bases or for families seeking an inclusive environment. Understanding this mix is also valuable for investors and analysts assessing market needs and community dynamics in ZIP 32547.

Key Facts

• Total population: 35,522 residents in 2023, indicating a robust community size.
• Total households: 14,714, supporting a mix of family and individual living arrangements.
• Total housing units: 16,112, suggesting potential availability for new residents or investors.
• Median household income: $67,822, reflecting a stable economic foundation.
• Median house value: $299,400, offering a balanced entry point for homebuyers.
• Median rent: $1,421, indicating a strong rental market for property owners.
• Diverse demographics: 59.35% White, 18.63% Hispanic, 11.35% Black, and 3.27% Asian.

What This Means for You

For homebuyers, ZIP 32547 offers a promising mix of affordability and value with a median home price of $299,400. The area’s median income of $67,822 suggests you’ll be joining a financially stable community, ideal for long-term settlement. Investors and real estate agents will find potential in the surplus of housing units (16,112 total) compared to occupied households (14,714), which could translate to opportunities in both sales and rentals, especially with a median rent of $1,421 attracting steady demand. Small-business owners can leverage the diverse population of 35,522 and cultural mix to tailor products or services to a broad audience, while the solid income levels support consumer spending. Analysts can use these metrics to benchmark ZIP 32547 against nearby areas, identifying trends in housing or demographic shifts for deeper market insights.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 32547? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business in any area.