ZIP 32789 - 860Z200US32789 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 32789, located in the heart of Winter Park, Florida, this demographic and housing snapshot offers a clear picture of the area. 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. Let’s dive into what makes ZIP 32789 unique and how its characteristics can align with your goals.

Population & Households

ZIP 32789 is home to a population of 26,884 residents, making it a moderately sized community with a mix of urban and suburban vibes. These individuals are distributed across 11,681 households, reflecting a diverse range of family structures and living arrangements. With 12,945 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate opportunities for buyers or investors looking for available properties.

Income & Housing Costs

Financially, ZIP 32789 stands out with a median household income of $100,213, suggesting a relatively affluent community compared to national averages. This income level supports a robust housing market, where the median house value reaches $695,000. For those considering renting, the median rent is $1,667 per month, reflecting the premium cost of living in this desirable area. These figures highlight ZIP 32789 as a location with significant economic stability, appealing to those seeking long-term value in real estate or business ventures.

Race & Ethnicity

The demographic makeup of ZIP 32789 offers insight into its cultural diversity. The population is predominantly White at 72.89%, with smaller but notable percentages of Black (4.95%), Asian (5.18%), and Hispanic (13.23%) residents. This composition points to a community that, while largely homogeneous, still offers a blend of backgrounds, which can be a draw for businesses aiming to serve varied customer bases or families seeking inclusive environments.

Key Facts

• Total population: 26,884 residents in 2023.
• Total households: 11,681, indicating a mix of family and individual living arrangements.
• Total housing units: 12,945, suggesting potential availability for new occupants or investors.
• Median household income: $100,213, reflecting strong economic standing.
• Median house value: $695,000, indicative of a high-value real estate market.
• Median rent: $1,667 per month, aligning with the area’s upscale housing profile.
• Racial composition: 72.89% White, 13.23% Hispanic, 5.18% Asian, 4.95% Black.

What This Means for You

For homebuyers, ZIP 32789 presents a premium market with median home values at $695,000, ideal for those with the budget to invest in a high-value area with strong appreciation potential. The median household income of over $100,000 suggests neighbors with financial stability, often correlating with well-maintained communities and quality amenities.

For real estate investors and agents, the surplus of housing units (12,945 total versus 11,681 households) could signal opportunities for flipping, renting, or selling to incoming residents. The high median rent of $1,667 also points to a lucrative rental market for landlords targeting upscale tenants.

For small-business owners, the affluent demographic and diverse population mix in ZIP 32789 offer a promising customer base. With a median income well above average, there’s potential for businesses offering premium goods or services, while the cultural diversity supports niche markets catering to varied tastes and needs.

For analysts, these metrics provide a foundation for deeper studies into economic trends, housing demand, or community development in ZIP 32789, helping to forecast future growth or identify investment risks.

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