ZIP 33062 - 860Z200US33062 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 33062, located in Broward County, Florida, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 25,000 and a robust housing market, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, agents, small-business owners, and analysts. Let’s dive into the latest data to help you make informed decisions about living, working, or investing in 33062.

Population & Households

ZIP 33062 is home to 25,495 residents, making it a moderately sized community with a diverse mix of individuals and families. The area supports 14,390 households, reflecting a strong residential base. This population density suggests a vibrant local market for businesses and services, while the household count indicates a significant demand for housing—whether for purchase or rent. For families or individuals looking to relocate, this ZIP code offers a sizable community with established infrastructure.

Income & Housing Costs

The median household income in ZIP 33062 stands at $82,955, positioning it as an area with above-average earning potential compared to many national benchmarks. This income level supports a relatively affluent lifestyle, which is reflected in the housing market. The median home value is $511,800, indicating a premium real estate market that may appeal to investors seeking long-term appreciation or buyers looking for high-value properties. For renters, the median rent is $1,888 per month, suggesting that rental properties are also in a higher price bracket, which could impact affordability for some but offers opportunities for landlords to command strong returns.

With 23,059 total housing units in the area, there’s a notable inventory, though not all are occupied, as only 14,390 are active households. This gap could point to seasonal or vacation properties, a common feature in parts of Florida, and something for investors to consider when evaluating vacancy rates or short-term rental potential.

Race & Ethnicity

The demographic makeup of ZIP 33062 is predominantly White, with 75.52% of the population identifying as such. Hispanic or Latino residents make up 16.47%, forming the second-largest group, while Black or African American residents account for 2.77%, and Asian residents represent 0.56%. This composition reflects a community with a strong White majority but a notable Hispanic presence, which could influence local culture, businesses, and community services. For business owners or investors, understanding this diversity can help tailor offerings or marketing strategies to resonate with the area’s residents.

Key Facts

• Total population: 25,495 residents in 2023, offering a solid community base.
• Total households: 14,390, indicating strong residential demand.
• Total housing units: 23,059, with a mix of occupied and potentially vacant or seasonal properties.
• Median household income: $82,955, reflecting above-average earning capacity.
• Median home value: $511,800, signaling a high-value real estate market.
• Median rent: $1,888, suggesting a premium rental market.
• Racial composition: 75.52% White, 16.47% Hispanic, 2.77% Black, 0.56% Asian.

What This Means for You

For homebuyers, ZIP 33062 offers a premium housing market with a median home value of over $500,000. While this may stretch budgets, the area’s higher median income suggests a stable community with economic strength, potentially justifying the investment for long-term growth. Renters should prepare for costs around $1,888 monthly, so budgeting carefully is key.

For investors and real estate agents, the gap between total housing units and occupied households hints at opportunities in vacation rentals or second homes, especially in a desirable Florida location like 33062. The high median home value also points to potential for appreciation, though competition may be stiff given the price point.

For small-business owners, a population of over 25,000 with a solid income base offers a promising customer pool. Tailoring services or products to the predominantly White and Hispanic demographic could enhance relevance, while the area’s affluence suggests room for premium offerings.

For analysts, the data underscores a stable, higher-income community with a strong housing market. The diversity in ethnicity and potential for seasonal properties are additional layers to explore when assessing market trends or growth potential in 33062.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 33062? Start by visiting ZipcodeGPT for a user-friendly way to access detailed demographic and housing data.
• Enter any ZIP code to generate a customized report with the latest metrics tailored to your needs.
• Use the insights to inform your next move, investment, or business strategy with confidence.