ZIP 32720 - 860Z200US32720 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 32720, located in the DeLand area of Florida, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re looking for a family-friendly neighborhood or a market with growth potential, understanding ZIP 32720’s profile is the first step.

Population & Households

ZIP 32720 is home to a population of 34,633 residents, making it a moderately sized community with a mix of urban and suburban characteristics. This area supports 12,701 households, reflecting a diverse range of family structures and living arrangements. With 13,962 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. These numbers suggest a stable community with room for growth, appealing to those seeking both residential and commercial opportunities.

Income & Housing Costs

The median household income in ZIP 32720 stands at $67,512, positioning it as a middle-income area with reasonable earning potential for residents. Housing costs align with this income level, with a median home value of $280,600—a figure that offers affordability compared to many Florida markets, especially for first-time buyers or investors seeking value. For renters, the median rent is $1,177 per month, which is manageable for many households earning near the median income. These metrics point to a balanced housing market where both owning and renting are viable options depending on your financial goals.

Race & Ethnicity

The demographic makeup of ZIP 32720 reflects a diverse community with a blend of cultural backgrounds. The racial composition breaks down as follows: 64.42% White, 11.38% Black, 0.53% Asian, and 21.16% Hispanic. This diversity can be a draw for families and businesses looking for an inclusive environment. It also suggests a market where cultural variety influences local businesses, schools, and community events, offering unique opportunities for engagement and connection.

Key Facts

• Total population: 34,633 residents, indicating a mid-sized community.
• Total households: 12,701, supporting a range of family and individual lifestyles.
• Total housing units: 13,962, suggesting potential availability for new occupants.
• Median household income: $67,512, reflecting a solid middle-income base.
• Median home value: $280,600, offering affordability in the Florida market.
• Median rent: $1,177, providing a reasonable option for non-owners.
• Racial diversity: 64.42% White, 21.16% Hispanic, 11.38% Black, 0.53% Asian.

What This Means for You

For homebuyers, ZIP 32720 presents an attractive option with median home values at $280,600, which is within reach for many middle-income families. The slight surplus of housing units (13,962 vs. 12,701 households) may mean less competition for available properties, giving you leverage in negotiations. Real estate investors and agents can find value in this market’s affordability and diversity, which could drive demand from a wide range of buyers or renters. The median rent of $1,177 also suggests a steady rental market for income properties. Small-business owners will appreciate the diverse population of 34,633, offering a broad customer base, while the median income of $67,512 indicates disposable income for local spending. Analysts can use these metrics to assess growth trends, housing demand, and economic stability in the DeLand area. Across all groups, ZIP 32720 offers a balanced mix of opportunity and accessibility.

Run This Study Yourself

• Curious about other ZIP codes or want deeper insights into ZIP 32720? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
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