ZIP 33174 - 860Z200US33174 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 33174 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in the heart of Miami-Dade County, Florida, this area offers a unique blend of cultural diversity and economic potential. This 2023 snapshot provides a detailed look at population, income, housing costs, and ethnic composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the data to uncover what makes ZIP 33174 stand out.

Population & Households

ZIP 33174 is home to a vibrant community of 35,056 residents as of 2023. This population is distributed across 11,129 households, reflecting a dense and active residential area. With 11,474 total housing units, the region shows a tight balance between available homes and occupied households, suggesting limited vacancy rates. For families and individuals looking to settle here, this indicates a competitive housing market where demand may be high, especially for desirable properties.

Income & Housing Costs

The median household income in ZIP 33174 stands at $59,599, offering a moderate earning base for residents. This figure is crucial for potential homebuyers assessing affordability and for businesses gauging local purchasing power. On the housing front, the median home value is $379,000, positioning this area as a mid-range market within the broader Miami-Dade region. For renters, the median rent is $1,786 per month, which reflects the premium cost of living in this urban-adjacent locale. These metrics suggest that while homeownership is attainable for some, renting remains a significant portion of the housing dynamic.

Race & Ethnicity

ZIP 33174 boasts a richly diverse population, with a strong Hispanic presence shaping the cultural fabric of the community. Hispanics make up 85.28% of the population, while White residents account for 7.72%, Black residents 3.71%, and Asian residents 2.19%. This demographic makeup highlights an area with deep Latin American influences, likely reflected in local businesses, cuisine, and community events. For newcomers and businesses, this diversity offers opportunities to engage with a culturally vibrant market while catering to specific community needs.

Key Facts

• Total population: 35,056 residents, indicating a sizable community with active local engagement.
• Total households: 11,129, showing a dense residential base.
• Total housing units: 11,474, with minimal vacancy suggesting a competitive market.
• Median household income: $59,599, reflecting moderate earning potential for residents.
• Median home value: $379,000, positioning ZIP 33174 as a mid-tier housing market.
• Median rent: $1,786, indicative of higher rental costs in this urban area.
• Hispanic population: 85.28%, highlighting significant cultural diversity.

What This Means for You

For homebuyers, ZIP 33174 offers a culturally rich environment with a median home value of $379,000, which may be appealing if you’re seeking a foothold in the Miami-Dade area. However, with limited housing units relative to households, acting quickly on listings is key. Real estate investors and agents can find value in the tight market dynamics—low vacancy rates suggest steady rental demand, especially with a median rent of $1,786. This could translate to reliable returns on rental properties. Small-business owners should note the median household income of $59,599 and the dominant Hispanic demographic (85.28%), which present opportunities to tailor products or services to a specific cultural audience with moderate spending power. Analysts can use these metrics to benchmark ZIP 33174 against neighboring areas, identifying trends in housing affordability and demographic shifts. Across all groups, the data points to a competitive yet opportunity-rich locale.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 33174? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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