ZIP 33149 - 860Z200US33149 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 33149, located in the heart of South Florida, this demographic and housing snapshot offers a clear picture of the area based on 2023 data. This affluent community, often associated with Key Biscayne, presents unique characteristics that appeal to homebuyers, real estate investors, agents, small-business owners, and analysts. From population trends to housing costs, we’ve compiled key metrics to help you make informed decisions about living or working in this exclusive enclave.

Population & Households

ZIP 33149 is home to a population of 14,628 residents as of 2023. This community supports 5,003 households, reflecting a relatively dense residential makeup for a high-end area. With a total of 7,514 housing units, there’s a notable portion of properties that may serve as seasonal or secondary homes, a common trait in desirable coastal locations like this one. For families and individuals considering relocation, this suggests a stable yet exclusive community with a mix of full-time residents and part-time occupants.

Income & Housing Costs

One of the standout features of ZIP 33149 is its economic profile. The median household income stands at an impressive $171,982, indicating a high-earning population and a strong local economy. This figure positions the area as a hub for affluent residents, which can influence everything from property values to the types of businesses that thrive here.

On the housing front, the median house value is $1,231,500, reflecting the premium nature of real estate in this ZIP code. For renters, the median rent is $3,500 per month, underscoring the high cost of living. These numbers highlight the exclusivity of the area, making it a prime target for luxury homebuyers and investors seeking high-value properties, while also signaling a need for substantial financial planning for prospective renters or small-business owners looking to establish a presence.

Race & Ethnicity

The demographic composition of ZIP 33149 offers insight into the cultural fabric of the community. The population identifies as 72.85% Hispanic, making it the predominant ethnic group in the area. White residents account for 23.15%, while Black and Asian populations are smaller, at 0.46% and 0.22%, respectively. This diversity, with a strong Hispanic influence, shapes the local culture, social dynamics, and potentially the types of businesses and services that cater to the community. For investors and business owners, understanding this makeup can guide decisions about market needs and customer preferences.

Key Facts

• Total population: 14,628 residents in 2023.
• Total households: 5,003, supporting a community of families and individuals.
• Total housing units: 7,514, with a mix of primary and secondary residences.
• Median household income: $171,982, reflecting an affluent population.
• Median house value: $1,231,500, indicative of a premium real estate market.
• Median rent: $3,500, highlighting the high cost of renting in the area.
• Ethnic composition: 72.85% Hispanic, 23.15% White, 0.46% Black, 0.22% Asian.

What This Means for You

For homebuyers, ZIP 33149 represents an opportunity to invest in a prestigious area with high property values, though the median house value of over $1.2 million requires significant capital or financing. The high median rent of $3,500 also suggests that renting may be a viable short-term option, albeit an expensive one, for those not ready to buy.

Real estate investors and agents will find a lucrative market in ZIP 33149, where the wealth of residents and the limited housing stock can drive demand for luxury properties. The presence of secondary homes also opens avenues for vacation rental investments, provided local regulations allow.

Small-business owners should note the affluent demographic and strong Hispanic cultural presence, which could influence product offerings or marketing strategies. High disposable incomes suggest potential for premium goods and services, but the high cost of commercial space, inferred from residential rents, may pose a barrier to entry.

Analysts can use these metrics to benchmark ZIP 33149 against other affluent areas, identifying trends in housing demand, income growth, or demographic shifts that could impact future valuations or business opportunities.

Run This Study Yourself

• Curious about diving deeper into ZIP 33149 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access detailed insights on population, housing, income, and more, tailored to your needs as a buyer, investor, or business owner.
• Use the generated reports to inform your decisions, whether you’re scouting a new home, planning a business, or analyzing market trends.