ZIP 33063 - 860Z200US33063 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 33063, located in Broward County, Florida, this demographic and housing snapshot offers a clear picture of the area in 2023. With a diverse population, moderate income levels, and a robust housing market, this ZIP code presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, investing, or operating in 33063.

Population & Households

ZIP 33063 is home to a sizable population of 55,539 residents as of 2023. This community supports 24,591 households, reflecting a strong residential base. With 27,019 total housing units in the area, there’s a mix of occupied and available properties, which could signal opportunities for buyers or investors looking to enter the market. The ratio of households to population suggests an average household size of about 2.26, indicating a blend of families, couples, and individuals shaping the community’s character.

Income & Housing Costs

The median household income in ZIP 33063 stands at $62,930, positioning it as a middle-income area with reasonable earning potential for residents. For those eyeing homeownership, the median house value is $270,100, which offers a relatively accessible entry point compared to pricier parts of South Florida. Renters, on the other hand, face a median rent of $1,790 per month, reflecting a competitive rental market that may influence decisions for both tenants and landlords. These figures provide a balanced view of affordability and investment potential in 33063.

Race & Ethnicity

ZIP 33063 boasts a diverse demographic makeup, which enriches the cultural fabric of the area. The racial composition includes 34.47% White, 27.6% Black, 3.95% Asian, and 28.6% Hispanic residents. This diversity can be a draw for businesses seeking a broad customer base or for families looking for an inclusive community. Understanding this mix is also valuable for investors and analysts assessing market trends and consumer needs in the region.

Key Facts

• Total population: 55,539 residents in 2023, indicating a substantial community.
• Total households: 24,591, supporting a strong residential presence.
• Total housing units: 27,019, with potential availability for new occupants or investors.
• Median household income: $62,930, reflecting a middle-income demographic.
• Median house value: $270,100, offering a moderate entry point for buyers.
• Median rent: $1,790, signaling a competitive rental market.
• Diverse population: White (34.47%), Black (27.6%), Hispanic (28.6%), Asian (3.95%).

What This Means for You

For homebuyers, ZIP 33063 offers a reasonably priced housing market with a median value of $270,100, making it an attractive option for first-time buyers or those seeking value in South Florida. The diverse community also means a welcoming environment for families of varied backgrounds. Investors and real estate agents can note the gap between total housing units (27,019) and households (24,591), which may point to vacant properties or rental opportunities, especially with a median rent of $1,790 drawing steady demand. Small-business owners will find a sizable and diverse customer base of over 55,000 residents, ideal for targeting a wide range of demographics with tailored products or services. Lastly, analysts can use these metrics to track trends in income, housing costs, and population diversity, providing deeper insights into market dynamics in 33063.

Run This Study Yourself

• Want to dive deeper into ZIP 33063 or explore another area? Start by visiting ZipcodeGPT for a user-friendly platform to analyze ZIP code data.
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