ZIP 33196 - 860Z200US33196 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 33196, located in the vibrant Miami-Dade County area of Florida, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down population stats, household dynamics, income levels, housing costs, and ethnic composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights provide a foundation for understanding what makes this area unique and how it aligns with your goals.

Population & Households

ZIP 33196 is home to a substantial population of 53,846 residents, reflecting a thriving and active community. This area supports 17,298 households, indicating a strong residential base that could appeal to businesses and service providers. The total number of housing units stands at 17,713, suggesting a slight surplus of available properties compared to occupied households. This balance may offer opportunities for prospective buyers or renters looking to settle in a well-populated yet manageable suburban environment.

Income & Housing Costs

The median household income in ZIP 33196 is $93,370, pointing to a relatively affluent community with solid earning potential. This income level supports a robust local economy, making it an attractive spot for small businesses catering to middle- and upper-middle-class families. On the housing front, the median home value is $457,300, reflecting a competitive real estate market with significant investment potential. For renters, the median rent is $2,114 per month, which aligns with the area’s higher cost of living but also indicates demand for quality rental properties. These figures suggest that both buying and renting in this ZIP code require careful financial planning but could yield long-term value.

Race & Ethnicity

The demographic makeup of ZIP 33196 is notably diverse, with a strong Hispanic presence at 80.6% of the population. This cultural richness shapes the community’s identity, influencing local businesses, cuisine, and social events. White residents account for 9.68%, Black residents make up 4.62%, and Asian residents comprise 2.71%. This diversity creates a dynamic environment that can appeal to a wide range of individuals and businesses looking to connect with varied cultural groups or tap into niche markets.

Key Facts

• Total population: 53,846 residents, indicating a sizable and active community.
• Total households: 17,298, supporting a strong residential foundation.
• Total housing units: 17,713, with a small surplus of available properties.
• Median household income: $93,370, reflecting a financially stable population.
• Median home value: $457,300, suggesting a competitive real estate market.
• Median rent: $2,114, indicating high demand for rental properties.
• Hispanic population: 80.6%, highlighting significant cultural diversity.

What This Means for You

For homebuyers, ZIP 33196 offers a chance to invest in a community with strong property values and a median home price of $457,300. The income levels suggest neighbors with financial stability, which can contribute to a secure and well-maintained area. However, be prepared for a competitive market and ensure your budget aligns with these costs. Real estate investors and agents will find potential in the slight surplus of housing units and high median rents of $2,114, which could translate to solid returns on rental properties or flips, especially given the area’s population size and diversity. Small-business owners can benefit from the affluent demographic and cultural mix, particularly by offering products or services tailored to the predominant Hispanic community or family-oriented needs. Finally, analysts can use this data to track trends in suburban growth, housing demand, and economic stability in the Miami-Dade region, leveraging these insights for broader market studies.

Run This Study Yourself

• Curious about diving deeper into ZIP 33196 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore detailed demographic and housing data.
• Input any ZIP code of interest to access up-to-date stats on population, income, housing, and more, tailored to your specific needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture in a new community.