ZIP 32901 - 860Z200US32901 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 32901, located in Melbourne, Florida, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 28,000 and a diverse community, this ZIP code presents a mix of affordability and opportunity for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes this area unique and whether it aligns with your goals.

Population & Households

ZIP 32901 is home to 28,565 residents, making it a moderately sized community with a blend of urban and suburban characteristics. The area supports 11,363 households, reflecting a strong residential base. With 13,241 total housing units, there’s a notable inventory of homes, though not all are occupied, suggesting potential availability for buyers or renters. This balance of population and housing creates a stable environment for families, individuals, and businesses looking to establish roots or serve a consistent customer base.

Income & Housing Costs

The median household income in ZIP 32901 stands at $50,646, which indicates a middle-income community where affordability remains within reach for many. Housing costs align with this income level, with a median home value of $244,500—a reasonable entry point for first-time buyers or investors seeking properties with growth potential. For renters, the median rent is $1,349 per month, reflecting a competitive rental market that could appeal to those not ready to buy. These figures suggest that ZIP 32901 offers a cost of living that balances accessibility with value, particularly for those eyeing real estate opportunities.

Race & Ethnicity

The demographic makeup of ZIP 32901 highlights a diverse community, which can be a draw for businesses and residents seeking an inclusive environment. The racial composition includes 62.4% White, 18.22% Black, 4.1% Asian, and 10.8% Hispanic residents. This diversity fosters a culturally rich area, offering opportunities for businesses to cater to varied customer needs and for residents to engage in a vibrant, multifaceted community. Understanding this mix can help tailor marketing strategies or community engagement efforts for maximum impact.

Key Facts

• Total population: 28,565 residents, providing a sizable market for businesses and services.
• Total households: 11,363, indicating a strong residential foundation.
• Total housing units: 13,241, with potential availability for new occupants or investors.
• Median household income: $50,646, reflecting a middle-income community.
• Median home value: $244,500, an accessible price point for many buyers.
• Median rent: $1,349, competitive for renters in the area.
• Racial diversity: 62.4% White, 18.22% Black, 4.1% Asian, 10.8% Hispanic, showcasing a varied community.

What This Means for You

For homebuyers, ZIP 32901 offers a promising opportunity with median home values at $244,500, making it a feasible option for first-time buyers or those seeking affordability in Florida’s housing market. The diversity and population size suggest a welcoming community with amenities to match.

For investors and real estate agents, the gap between total housing units (13,241) and households (11,363) hints at vacant properties or rental potential. With a median rent of $1,349, there’s room to attract tenants, especially in a market with steady demand.

For small-business owners, a population of 28,565 and a diverse demographic profile mean a broad customer base. The median income of $50,646 indicates disposable income for goods and services, while cultural diversity allows for niche offerings tailored to specific groups.

For analysts, these metrics provide a foundation for deeper research into market trends, housing demand, or economic growth in ZIP 32901, helping to inform strategic decisions.

Run This Study Yourself

• Curious about other ZIP codes or want updated data for ZIP 32901? Dive into detailed demographic and housing insights on your own.
• Visit ZipcodeGPT to access user-friendly tools that break down complex data into actionable information.
• Enter any ZIP code to uncover population stats, income levels, housing costs, and more—tailored to your needs in just a few clicks.