ZIP 33024 - 860Z200US33024 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 33024, located in the heart of Broward County, Florida, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial space, understanding ZIP 33024’s profile is the first step to success.

Population & Households

ZIP 33024 is home to a substantial population of 75,579 residents, making it a vibrant and active community. These individuals are spread across 25,063 households, reflecting a mix of family units, singles, and shared living arrangements. With 26,552 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking for opportunities. This balance suggests a community with room to grow while maintaining a stable residential base.

Income & Housing Costs

The median household income in ZIP 33024 stands at $76,501, positioning it as a middle-to-upper income area in many regional comparisons. This income level supports a comfortable lifestyle for many families and individuals, making it attractive for businesses targeting mid-range consumers. On the housing front, the median home value is $365,200, reflecting a robust real estate market that could appeal to buyers seeking long-term value or investors eyeing appreciation. For renters, the median rent is $1,724 per month, which aligns with the area’s income levels but may require careful budgeting for some households. These figures highlight a market with solid economic foundations, balancing affordability and investment potential.

Race & Ethnicity

ZIP 33024 boasts a richly diverse population, with a racial and ethnic composition that reflects a multicultural community. The largest group is Hispanic, accounting for 52.28% of residents, followed by White at 22.07%, Black at 16.95%, and Asian at 3.9%. This diversity shapes the cultural fabric of the area, offering a blend of traditions, cuisines, and community events. For businesses, this mix presents opportunities to cater to varied customer bases, while homebuyers may appreciate the inclusive and dynamic neighborhood atmosphere.

Key Facts

• Total population: 75,579 residents, indicating a sizable and active community.
• Total households: 25,063, showing a strong residential presence.
• Total housing units: 26,552, suggesting some availability for new occupants or investors.
• Median household income: $76,501, supporting a stable economic environment.
• Median home value: $365,200, reflecting a competitive real estate market.
• Median rent: $1,724, aligning with local income levels for rental affordability.
• Racial diversity: Hispanic (52.28%), White (22.07%), Black (16.95%), Asian (3.9%), fostering a multicultural vibe.

What This Means for You

For homebuyers, ZIP 33024 offers a promising mix of housing options with a median value of $365,200, ideal for those seeking a long-term investment in a diverse and growing community. The slight surplus of housing units could mean less competition in certain segments, but acting quickly on desirable properties is still wise given the area’s appeal. Real estate investors and agents will find potential in both purchase and rental markets, with median rents at $1,724 providing steady cash flow opportunities and home values suggesting room for appreciation. The diverse demographic also means a broad tenant pool. For small-business owners, the median income of $76,501 and cultural diversity create a fertile ground for businesses like restaurants, retail, or services that cater to varied tastes and needs. Finally, analysts can use these metrics to benchmark ZIP 33024 against neighboring areas, identifying trends in population growth, housing demand, or economic stability. This data is a foundation for strategic planning across all these groups.

Run This Study Yourself

• Curious about diving deeper into ZIP 33024 or comparing it with other areas? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your specific interests.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or launching a business—empower yourself with data in just a few clicks.