ZIP 32708 - 860Z200US32708 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 32708, located in the heart of Florida, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 48,000 and a robust housing market, this ZIP code 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 32708.

Population & Households

ZIP 32708 is home to 48,034 residents, making it a sizable community with a vibrant local presence. These individuals are distributed across 19,220 households, reflecting a mix of family units, singles, and shared living arrangements. The area also counts 20,348 total housing units, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in a well-populated yet not overcrowded area.

Income & Housing Costs

The median household income in ZIP 32708 stands at $87,889, pointing to a relatively affluent community with strong earning potential. This income level supports a healthy local economy, which can be a draw for businesses seeking a customer base with disposable income. On the housing front, the median home value is $352,600, reflecting a competitive real estate market that could appeal to investors looking for appreciation over time. For renters, the median rent is $1,782 per month, which aligns with the area’s income levels but may require careful budgeting for some households. These figures highlight 32708 as a location with solid economic foundations for both residents and entrepreneurs.

Race & Ethnicity

The demographic makeup of ZIP 32708 showcases a diverse community, which can enrich the cultural fabric and appeal to a wide range of residents and businesses. The racial composition includes 63.2% White, 5.6% Black, 4.07% Asian, and 22.86% Hispanic residents. This diversity suggests an inclusive environment that could benefit small businesses catering to varied tastes and preferences, as well as families seeking a multicultural neighborhood to call home. Understanding this breakdown can help investors and business owners tailor their strategies to the local population.

Key Facts

• Total population in ZIP 32708: 48,034 residents in 2023.
• Total households: 19,220, indicating a strong community base.
• Total housing units: 20,348, with some availability for new occupants.
• Median household income: $87,889, suggesting economic stability.
• Median home value: $352,600, a competitive price point for the region.
• Median rent: $1,782, reflecting the cost of living for non-owners.
• Diverse population: 63.2% White, 22.86% Hispanic, 5.6% Black, 4.07% Asian.

What This Means for You

For homebuyers, ZIP 32708 offers a promising market with a median home value of $352,600, which could represent a sound long-term investment given the area’s income levels and population size. The slight surplus of housing units (20,348 total versus 19,220 households) may also provide negotiating power when purchasing. Real estate investors and agents can capitalize on this dynamic by targeting both buyers and renters, with median rents of $1,782 indicating a viable rental market. Small-business owners will find a diverse and relatively affluent customer base, with a median household income of $87,889 supporting local spending. Analysts can use these metrics to assess growth potential, noting the cultural diversity as a driver for varied market demands. Whether you’re settling down, investing, or launching a venture, 32708 presents a balanced and opportunity-rich environment.

Run This Study Yourself

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