ZIP 33178 - 860Z200US33178 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 33178 for your next home, investment property, or business location, understanding the area's demographic and housing landscape is essential. Located in a dynamic part of Florida, this ZIP code offers a unique blend of population diversity and economic opportunity. In this 2023 snapshot, we dive into the latest data on population, households, income, housing costs, and racial composition to help you make informed decisions. Whether you're a homebuyer, real estate investor, small-business owner, or data analyst, these insights will guide your next steps in ZIP 33178.

Population & Households

ZIP 33178 is home to a substantial population of 65,515 residents as of 2023. This sizable community is distributed across 20,016 households, reflecting a vibrant and active area with a strong residential base. The total number of housing units stands at 21,931, indicating a slight surplus of available homes compared to occupied households. This gap could signal opportunities for buyers or investors looking to enter the market, as well as potential for growth in household formation over time.

Income & Housing Costs

Economic indicators in ZIP 33178 paint a picture of a relatively affluent community. The median household income is $91,338, suggesting that many residents have solid earning power, which can support local businesses and sustain property values. On the housing front, the median house value is $499,300, reflecting a robust real estate market that may appeal to investors seeking long-term appreciation. For renters, the median rent is $2,609 per month, indicating a premium rental market that could be attractive for landlords but may pose challenges for cost-conscious tenants. These figures highlight ZIP 33178 as a competitive area for both buying and renting, with costs reflecting the desirability of the location.

Race & Ethnicity

The demographic makeup of ZIP 33178 is notably diverse, with a strong Hispanic presence. Hispanics make up 83.41% of the population, shaping the cultural fabric of the area and potentially influencing local businesses, cuisine, and community events. White residents account for 10.75%, while Black and Asian populations are smaller at 1.7% and 2.22%, respectively. This diversity can be a draw for those seeking a multicultural environment, offering unique opportunities for businesses catering to varied cultural needs and preferences.

Key Facts

• Total population in ZIP 33178: 65,515 residents.
• Total households: 20,016, supporting a strong community base.
• Total housing units: 21,931, with some availability for new occupants.
• Median household income: $91,338, indicating solid economic stability.
• Median house value: $499,300, reflecting a strong real estate market.
• Median rent: $2,609, pointing to a premium rental landscape.
• Hispanic population: 83.41%, highlighting significant cultural diversity.

What This Means for You

For homebuyers, ZIP 33178 offers a competitive yet promising market. With a median house value of nearly half a million dollars, purchasing here could be a sound long-term investment, especially given the area’s high median income and population density. However, be prepared for higher entry costs and consider working with a local agent to find value in the market.

For investors and real estate agents, the slight surplus of housing units (21,931 total units versus 20,016 households) suggests potential for acquiring properties to rent or flip. The high median rent of $2,609 also indicates strong rental demand, making this ZIP code a candidate for buy-and-hold strategies, particularly in a culturally rich, Hispanic-majority community.

For small-business owners, the large population and high income levels mean a sizable customer base with disposable income. Tailoring offerings to the predominant Hispanic demographic—such as culturally relevant products or bilingual services—could provide a competitive edge. Additionally, the area’s economic strength supports businesses in retail, dining, and services.

For analysts, the data reveals trends worth monitoring, such as the balance of housing supply and demand, income-driven purchasing power, and cultural demographics that could influence future market shifts. ZIP 33178 stands out as a data-rich area for deeper study.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 33178? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to inform your homebuying, investing, or business decisions with confidence and precision.