ZIP 33150 - 860Z200US33150 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 33150 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in the heart of Miami-Dade County, Florida, this area offers a unique blend of diversity and opportunity. This snapshot, based on 2023 data, breaks down the population, income, housing costs, and cultural composition of ZIP 33150 to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 33150 is home to a vibrant community of 31,936 residents. This population is spread across 11,181 households, reflecting a mix of family structures and living arrangements. With 12,403 total housing units in the area, there’s a slight gap between available homes and occupied households, which could indicate opportunities for investors or buyers looking for vacancies. The density of this area suggests a lively, urban environment where community ties and local engagement are likely strong.

Income & Housing Costs

The median household income in ZIP 33150 stands at $40,802, which is an important figure for understanding the economic profile of the area. For homebuyers and small-business owners, this income level can provide insight into affordability and purchasing power within the community. On the housing front, the median home value is $377,700—a significant investment that reflects the area’s appeal in the Miami-Dade market. For renters, the median rent is $1,179 per month, offering a more accessible entry point for those not ready to buy. These figures highlight a market with diverse housing options catering to different financial situations.

Race & Ethnicity

ZIP 33150 boasts a richly diverse population, which shapes the cultural fabric of the community. The racial and ethnic composition includes 63.24% Black or African American, 30.44% Hispanic or Latino, 4.32% White, and 0.66% Asian residents. This diversity can be a draw for businesses seeking a broad customer base or for families looking for an inclusive environment. Understanding this breakdown also helps investors and analysts gauge the social dynamics and potential market needs specific to this area.

Key Facts

• Total population: 31,936 residents, indicating a sizable and active community.
• Total households: 11,181, showing a strong base of local families and individuals.
• Total housing units: 12,403, suggesting some availability for new occupants or investors.
• Median household income: $40,802, reflecting the economic capacity of the area.
• Median home value: $377,700, a notable figure for real estate considerations.
• Median rent: $1,179, offering a more affordable housing option for many.
• Diverse demographics: Predominantly Black (63.24%) and Hispanic (30.44%) population.

What This Means for You

For homebuyers, ZIP 33150 presents a chance to join a diverse and dynamic community with median home values at $377,700. While the price point may be higher than some surrounding areas, the cultural richness and urban setting could be worth the investment for the right family or individual. If buying isn’t in your budget, renting at a median of $1,179 offers a practical alternative to experience the area firsthand.

For investors and real estate agents, the gap between total housing units (12,403) and occupied households (11,181) signals potential for rental properties or flips. The median income of $40,802 suggests a tenant base that may prioritize affordability, so tailoring investments to mid-range properties could yield steady returns.

For small-business owners, the diverse population of 31,936 and the income demographics point to a market with varied needs. Businesses offering essential services, cultural goods, or affordable dining could thrive by catering to the majority Black and Hispanic communities. The urban density also supports foot traffic for retail or service-based ventures.

For analysts, these metrics provide a foundation for deeper studies into economic trends, housing demand, or social programs tailored to ZIP 33150’s unique makeup. The data underscores the importance of localized strategies to address community-specific challenges and opportunities.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 33150? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access detailed reports on population, housing, income, and more, customized to your needs.
• Use the insights to inform your next real estate move, business plan, or research project with confidence.