ZIP 33313 - 860Z200US33313 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 33313, located in Broward County, Florida, this demographic and housing snapshot offers a clear picture of the area in 2023. With a sizable population, diverse community, and key housing metrics, this ZIP code presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the latest data to help you make informed decisions about living, investing, or operating in 33313.

Population & Households

ZIP 33313 is home to 64,228 residents, making it a densely populated area with a vibrant community. This population is distributed across 22,536 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 25,312, indicating some vacancy or availability for potential buyers or renters. For those looking to settle or invest, this population size suggests a robust local market with demand for goods, services, and housing.

Income & Housing Costs

The median household income in ZIP 33313 is $45,408, which provides insight into the economic profile of the area. This figure can help homebuyers gauge affordability and assist businesses in understanding the purchasing power of local residents. On the housing front, the median home value is $236,300, offering a relatively accessible entry point for buyers compared to higher-priced areas in South Florida. For renters, the median rent is $1,608 per month, which reflects the cost of living for non-homeowners. Investors and agents can use these numbers to assess potential returns on rental properties or home sales in 33313.

Race & Ethnicity

The demographic makeup of ZIP 33313 is notably diverse, with a strong representation of different racial and ethnic groups. The population is predominantly Black, accounting for 76.97% of residents, followed by Hispanic at 11.65%, White at 6.58%, and Asian at 1.7%. This diversity shapes the cultural fabric of the area, offering a rich community environment for residents and unique market opportunities for businesses catering to varied cultural needs. Understanding this composition is crucial for anyone looking to connect with or serve the local population.

Key Facts

• Total population: 64,228 residents, indicating a substantial local market.
• Total households: 22,536, reflecting a mix of family and individual living setups.
• Total housing units: 25,312, with some availability for new occupants.
• Median household income: $45,408, providing a benchmark for affordability.
• Median home value: $236,300, an accessible price point for South Florida.
• Median rent: $1,608, relevant for renters and rental property investors.
• Racial composition: 76.97% Black, 11.65% Hispanic, 6.58% White, 1.7% Asian, showcasing diversity.

What This Means for You

For homebuyers, ZIP 33313 offers a chance to enter the housing market at a median value of $236,300, which is competitive for the region. The median rent of $1,608 also suggests that renting could be a viable short-term option while exploring ownership. Keep in mind the median household income of $45,408 when budgeting for a home purchase or rental in this area.

For investors and real estate agents, the data points to potential in both rental and sales markets. With over 25,000 housing units and a population of 64,228, there’s a steady demand for properties. The diversity of the area could also attract tenants or buyers seeking a culturally rich community, while the income and housing cost metrics help in pricing properties competitively.

For small-business owners, the large and diverse population of 33313 presents a promising customer base. Tailoring products or services to the predominant demographic groups, especially the Black and Hispanic communities, could drive engagement. The median income level suggests focusing on value-driven offerings to match local purchasing power.

For analysts, these metrics provide a foundation for deeper studies into economic trends, housing demand, or community needs in 33313. The data can inform policy recommendations or market forecasts for this ZIP code.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 33313? 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 make informed decisions for buying, investing, or launching a business in any area of interest.