ZIP 33138 - 860Z200US33138 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 33138, located in the Miami-Dade County area of Florida, this demographic and housing snapshot offers a clear, data-driven look at the community. With a population of nearly 29,000 and a diverse cultural makeup, this area presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Using the latest 2023 data, we’ll break down key metrics to help you understand what makes ZIP 33138 distinct and whether it aligns with your goals.

Population & Households

ZIP 33138 is home to a population of 28,871 residents, spread across 12,544 households. This translates to an average household size of roughly 2.3 people, suggesting a mix of smaller families, couples, and individuals. The total number of housing units in the area stands at 14,310, indicating a slight surplus of available properties compared to occupied households. For those eyeing residential or rental markets, this gap could signal potential opportunities or challenges depending on demand trends.

Income & Housing Costs

The median household income in ZIP 33138 is $71,518, reflecting a moderate earning capacity that supports a range of lifestyles. However, housing costs are notably high, with a median house value of $686,300. This figure positions the area as a premium market, likely appealing to buyers with stronger financial backing or investors seeking long-term appreciation. For renters, the median rent is $1,647 per month, which may strain budgets for lower- or middle-income households but could be attractive for landlords looking at rental yield potential. These numbers underscore the importance of aligning your financial strategy with the area’s cost profile.

Race & Ethnicity

ZIP 33138 boasts a vibrant, diverse community with a balanced racial and ethnic composition. Hispanic residents make up the largest group at 36.3%, followed closely by White residents at 28.81% and Black residents at 28.61%. Asian residents account for a smaller share at 1.35%. This cultural diversity can enrich community life, offering a blend of perspectives and traditions. For businesses, this mix suggests a broad customer base with varied needs and preferences, while homebuyers may appreciate the inclusive atmosphere.

Key Facts

• Total population: 28,871 residents, providing a sizable community for engagement or market reach.
• Total households: 12,544, indicating a strong base of potential customers or tenants.
• Total housing units: 14,310, with some vacancy that could interest investors or developers.
• Median household income: $71,518, supporting a moderate-to-upper income demographic.
• Median house value: $686,300, reflecting a high-end real estate market.
• Median rent: $1,647, suggesting a competitive rental landscape.
• Diversity: Hispanic (36.3%), White (28.81%), Black (28.61%), and Asian (1.35%) populations create a multicultural environment.

What This Means for You

For homebuyers, ZIP 33138 offers a diverse and dynamic community, but the high median house value of $686,300 means you’ll need substantial financial resources or a strategic approach to financing. The cultural mix could be a draw if you value a vibrant, inclusive neighborhood. Real estate investors and agents should note the surplus of housing units (14,310 vs. 12,544 households), which might indicate room for rental or flip opportunities, though high property values require careful cost-benefit analysis. The median rent of $1,647 suggests a viable rental market for the right properties. Small-business owners can benefit from a diverse population of nearly 29,000 and a median income of $71,518, pointing to a customer base with disposable income. Tailoring offerings to the area’s multicultural makeup could be a winning strategy. Analysts will find the balanced demographic data useful for market studies or trend forecasting in this unique Miami-Dade pocket.

Run This Study Yourself

• Curious about diving deeper into ZIP 33138 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Input any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture.