ZIP 33127 - 860Z200US33127 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 33127 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is crucial. Located in the heart of Miami, Florida, this area offers a diverse community and a dynamic real estate market. This 2023 snapshot provides a clear, data-driven look at population, income, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 33127.

Population & Households

ZIP 33127 is home to a population of 27,585 residents as of 2023, making it a moderately sized urban community. These individuals are distributed across 9,398 households, reflecting a mix of family and individual living arrangements. With 11,245 total housing units in the area, there’s a noticeable gap between occupied and available units, which could signal opportunities for investors or buyers looking for properties in this Miami neighborhood. The household-to-population ratio suggests an average of about 2.9 people per household, indicating a community with a blend of small families and solo dwellers.

Income & Housing Costs

The median household income in ZIP 33127 stands at $41,125, which is relatively modest compared to broader Miami-Dade County averages. This figure suggests that affordability may be a key concern for many residents, but it also highlights potential for businesses catering to budget-conscious consumers. On the housing front, the median house value is $398,800, reflecting a competitive real estate market with significant appreciation potential. For renters, the median monthly rent is $1,394, which aligns with the income levels but may strain some households. These metrics paint a picture of a neighborhood where housing costs are a notable factor in financial planning for residents and investors alike.

Race & Ethnicity

ZIP 33127 boasts a richly diverse population, with a racial and ethnic composition that reflects Miami’s cultural mosaic. The largest demographic group is Hispanic, comprising 55.07% of the population, followed by Black residents at 39.41%. White residents make up 3.85%, while Asian individuals account for just 0.33%. This diversity shapes the community’s cultural fabric, influencing everything from local businesses to social dynamics. For business owners and investors, this mix offers a unique opportunity to cater to a wide range of cultural preferences and needs in ZIP 33127.

Key Facts

• Total population: 27,585 residents in 2023.
• Total households: 9,398, with an average of 2.9 people per household.
• Total housing units: 11,245, indicating some vacancy or development potential.
• Median household income: $41,125, reflecting a budget-conscious community.
• Median house value: $398,800, suggesting a strong real estate market.
• Median rent: $1,394 per month, a significant expense for many residents.
• Racial composition: 55.07% Hispanic, 39.41% Black, 3.85% White, 0.33% Asian.

What This Means for You

For homebuyers, ZIP 33127 offers a chance to invest in a culturally vibrant area with median home values at $398,800, though the median income of $41,125 suggests careful budgeting is needed. First-time buyers might explore financing options or look for properties on the lower end of the spectrum. Real estate investors and agents will note the gap between total housing units (11,245) and households (9,398), which could point to rental or flip opportunities in a market with solid appreciation potential. Small-business owners can leverage the diverse population—especially the large Hispanic and Black communities—to offer tailored products or services, while keeping affordability in mind given the income levels. Analysts studying urban trends will find ZIP 33127 a compelling case study in diversity and housing dynamics, with data that reflects broader Miami patterns. Across all groups, understanding these metrics helps align your strategy with the community’s realities.

Run This Study Yourself

Want to dive deeper into ZIP 33127 or analyze another area? Follow these steps to get customized insights:

• Visit ZipcodeGPT to access powerful demographic and housing data tools.
• Enter any ZIP code to generate a detailed report tailored to your needs.
• Use the insights to inform your homebuying, investing, or business decisions with confidence.