ZIP 32763 - 860Z200US32763 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 32763, understanding the local demographics and housing landscape is essential. Located in Central Florida, this area offers a mix of suburban charm and economic potential. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and racial composition in 32763. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions tailored to your goals.

Population & Households

The total population in ZIP 32763 stands at 25,667 residents as of 2023. This figure reflects a community of moderate size, offering a balance between quieter suburban living and access to nearby urban amenities. The area is home to 10,916 households, indicating a strong base of families and individuals who contribute to the local economy and culture. Additionally, there are 11,897 total housing units, suggesting some availability of vacant or seasonal properties that could appeal to investors or new residents looking for options.

Income & Housing Costs

Financial metrics are a critical factor when evaluating any area. In ZIP 32763, the median household income is $64,022, which points to a stable economic foundation for many residents. This income level supports a comfortable lifestyle for families and individuals while offering businesses a customer base with disposable income. On the housing front, the median house value is $239,700, making this area relatively affordable compared to other parts of Florida. For renters, the median rent is $1,449 per month, reflecting a competitive rental market that could be attractive for investors seeking steady returns or for residents who prefer leasing over buying.

Race & Ethnicity

Understanding the cultural makeup of an area can provide valuable context for community dynamics and business opportunities. In ZIP 32763, the racial composition is predominantly White at 71.29%, with significant representation from Hispanic or Latino residents at 17.64%. Black or African American individuals make up 6.51% of the population, while Asian residents account for 1.08%. This diversity suggests a community with varied perspectives and needs, which can be a draw for businesses aiming to cater to a broad audience or for families seeking an inclusive environment.

Key Facts

• Total population: 25,667 residents in 2023, offering a mid-sized community feel.
• Total households: 10,916, indicating a solid residential base.
• Total housing units: 11,897, with potential availability for new occupants or investors.
• Median household income: $64,022, supporting a stable local economy.
• Median house value: $239,700, an accessible entry point for homebuyers.
• Median rent: $1,449, reflecting a competitive rental market.
• Racial diversity: Predominantly White (71.29%), with notable Hispanic (17.64%) representation.

What This Means for You

For homebuyers, ZIP 32763 offers a promising opportunity with a median house value of $239,700, which is within reach for many budgets, especially given the median household income of $64,022. The availability of over 11,000 housing units suggests options for finding the right property. Investors and real estate agents will note the rental market's strength, with a median rent of $1,449, indicating potential for consistent cash flow from rental properties. The slight surplus of housing units over households also hints at opportunities for flipping or long-term holds. Small-business owners can benefit from a diverse population of over 25,000 and a stable income base, ideal for targeting a range of customer needs from everyday services to niche offerings. Analysts can use these metrics to benchmark 32763 against neighboring areas, identifying trends in affordability and demographic shifts.

Run This Study Yourself

Want to dive deeper into ZIP 32763 or compare it with another area? Follow these simple steps to get tailored insights:

• Visit ZipcodeGPT to access powerful demographic and housing data tools.
• Enter any ZIP code to generate a detailed report customized to your needs.
• Use the insights to make data-driven decisions for your home purchase, investment, or business strategy.