ZIP 33311 - 860Z200US33311 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 33311 in Broward County, Florida, as a place to live, invest, or start a business, understanding the local demographics and housing landscape is essential. This area, encompassing parts of Fort Lauderdale and surrounding communities, offers a diverse population and a dynamic housing market. Using the latest 2023 data, this snapshot provides a clear picture of the people, income levels, and real estate trends in 33311. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions.

Population & Households

ZIP code 33311 is home to a substantial population of 73,280 residents. This sizable community is spread across 24,527 households, indicating a mix of family and individual living arrangements. With 27,330 total housing units in the area, there’s a notable presence of both occupied and vacant properties. This balance suggests opportunities for potential buyers or renters, as well as investors looking to tap into available housing stock. The population density and household distribution also point to a vibrant, active community with a strong local presence.

Income & Housing Costs

The median household income in ZIP 33311 stands at $51,918, reflecting a moderate earning level for the area. This income figure is an important benchmark for understanding affordability and purchasing power within the community. On the housing front, the median home value is $276,600, which positions 33311 as a relatively accessible market for buyers in the broader South Florida region, where prices can often soar higher. For renters, the median rent is $1,385 per month, indicating a significant but manageable cost for those not ready to buy. These figures provide a realistic view of the financial landscape for anyone considering a move or investment here.

Race & Ethnicity

The demographic makeup of ZIP 33311 is predominantly Black, with 77.28% of the population identifying as such. White residents account for 8.97%, while Hispanic or Latino individuals make up 8.69% of the population. Asian residents represent a smaller share at 0.97%. This diversity shapes the cultural fabric of the area, offering a rich community experience for residents and businesses alike. Understanding this composition can help homebuyers find a neighborhood that aligns with their values, while businesses can tailor their offerings to meet the needs of the majority demographic.

Key Facts

• Total population: 73,280 residents, making 33311 a densely populated ZIP code.
• Total households: 24,527, reflecting a mix of family and solo living arrangements.
• Total housing units: 27,330, with a portion available for potential buyers or renters.
• Median household income: $51,918, indicating moderate affordability for the area.
• Median home value: $276,600, a competitive price point in South Florida.
• Median rent: $1,385, a significant but feasible cost for renters.
• Racial composition: Predominantly Black (77.28%), with smaller White (8.97%), Hispanic (8.69%), and Asian (0.97%) populations.

What This Means for You

For homebuyers, ZIP 33311 offers a chance to enter the housing market at a median value of $276,600, which is reasonable compared to other parts of Broward County. The median rent of $1,385 also provides flexibility for those not ready to commit to ownership. Investors and real estate agents will find opportunity in the gap between total housing units (27,330) and occupied households (24,527), suggesting potential for rental properties or flips. The moderate median income of $51,918 indicates a stable tenant base but may require strategic pricing. Small-business owners can leverage the large, diverse population of 73,280 to build a customer base, especially by catering to the predominant demographic groups. Tailoring products or services to cultural preferences could yield strong community support. Analysts can use these metrics to benchmark 33311 against neighboring ZIP codes for deeper market studies. Across all groups, the data points to a community with growth potential and accessibility.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 33311? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to compare markets, identify opportunities, or make data-driven decisions for your next move or investment.