ZIP 33167 - 860Z200US33167 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 33167 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in the Miami-Dade County area of Florida, this ZIP code offers a unique blend of diversity and opportunity. With a population of over 23,000 and a median household income of nearly $60,000, ZIP 33167 presents a dynamic community for homebuyers, real estate investors, small-business owners, and data analysts. This article breaks down the key 2023 metrics to help you make informed decisions about living, investing, or operating in this area.

Population & Households

ZIP 33167 is home to a population of 23,209 residents as of 2023, making it a moderately sized community within the broader Miami-Dade region. These residents are distributed across 6,664 households, reflecting a mix of family and individual living arrangements. The total number of housing units in the area stands at 6,978, indicating a slight surplus of available properties relative to occupied households. This could suggest opportunities for potential buyers or renters looking to move into the area, as well as for investors eyeing vacant units for development or leasing.

Income & Housing Costs

The median household income in ZIP 33167 is $59,494, which provides a solid economic foundation for many residents. This income level supports a range of lifestyles and can influence local business viability, particularly for small-business owners targeting middle-income consumers. On the housing front, the median home value is $341,300, reflecting a competitive yet accessible real estate market for the region. For renters, the median monthly rent is $1,345, which is relatively moderate compared to other parts of Miami-Dade County. These figures offer a clear picture of affordability and investment potential for those considering ZIP 33167.

Race & Ethnicity

The demographic makeup of ZIP 33167 is notably diverse, with a significant portion of the population identifying as Black or African American at 62.61%. Hispanic or Latino residents make up 31.47% of the population, while White residents account for 1.0%, and Asian residents represent just 0.39%. This rich cultural diversity shapes the community’s identity, influencing everything from local businesses to social dynamics. For business owners and investors, understanding this composition can help tailor services, marketing strategies, or property developments to meet the needs of the predominant demographic groups in ZIP 33167.

Key Facts

• Total population: 23,209 residents in 2023.
• Total households: 6,664, indicating a mix of family and solo living.
• Total housing units: 6,978, with some vacancy potential for buyers or investors.
• Median household income: $59,494, supporting a middle-income community.
• Median home value: $341,300, competitive for the Miami-Dade area.
• Median rent: $1,345 per month, offering rental affordability.
• Diverse population: 62.61% Black, 31.47% Hispanic, reflecting cultural richness.

What This Means for You

For homebuyers, ZIP 33167 offers a chance to join a vibrant, diverse community with home values that are approachable compared to other Miami-Dade areas. The median home price of $341,300 positions this area as a potential entry point for first-time buyers or those seeking value. Investors and real estate agents will note the slight surplus of housing units (6,978 total vs. 6,664 households), which could signal opportunities for flipping properties or securing rental income at a median rent of $1,345. Small-business owners can leverage the area’s middle-income demographic and cultural diversity to offer targeted products or services—think ethnic cuisine, community-focused retail, or affordable services that resonate with the majority Black and Hispanic population. Analysts can use these metrics as a baseline for deeper studies on economic trends or housing demand in ZIP 33167, aiding strategic planning.

Run This Study Yourself

• Curious about other ZIP codes or want updated data for ZIP 33167? Start by visiting ZipcodeGPT to access powerful demographic and housing insights.
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