ZIP 33324 - 860Z200US33324 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 33324, located in the heart of Broward County, Florida, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial space, understanding ZIP 33324’s profile is your first step.

Population & Households

ZIP 33324 is home to a substantial population of 50,072 residents as of 2023. This sizable community is spread across 20,276 households, indicating a mix of family and individual living arrangements. The total number of housing units stands at 22,375, suggesting some vacancy or seasonal use, which could be of interest to investors looking for opportunities in the rental or resale market. This balance of population and household density points to a vibrant, active area with a strong residential base—ideal for businesses catering to local needs or families seeking a connected community.

Income & Housing Costs

The median household income in ZIP 33324 is $83,678, reflecting a relatively strong economic foundation for many residents. This income level supports a housing market where the median home value is $350,500—a figure that positions the area as a mid-to-upper range market in South Florida. For renters, the median monthly rent is $2,152, which aligns with the higher cost of living in the region. These numbers suggest that ZIP 33324 offers opportunities for both homebuyers seeking value and investors interested in stable rental demand, though affordability may be a consideration for some.

Race & Ethnicity

The demographic makeup of ZIP 33324 is notably diverse, creating a culturally rich environment. The racial composition includes 41.99% White, 16.22% Black, 6.4% Asian, and 31.48% Hispanic residents. This diversity can be a significant draw for families and businesses alike, as it fosters a welcoming, inclusive atmosphere. For small-business owners, this mix offers a broad customer base with varied needs and preferences, while homebuyers may appreciate the multicultural community vibe that shapes local events, schools, and social life.

Key Facts

• Total population: 50,072 residents, indicating a robust community size.
• Total households: 20,276, showing a strong residential presence.
• Total housing units: 22,375, with potential for vacancy or investment opportunities.
• Median household income: $83,678, suggesting economic stability for many.
• Median home value: $350,500, reflecting a competitive housing market.
• Median rent: $2,152 per month, indicative of strong rental demand.
• Diverse population: 41.99% White, 31.48% Hispanic, 16.22% Black, 6.4% Asian.

What This Means for You

For homebuyers, ZIP 33324 presents a dynamic market with a median home value of $350,500, which could offer long-term value in a growing South Florida region. The diverse community and solid median income of $83,678 suggest a stable, family-friendly area worth exploring. However, with median rent at $2,152, be mindful of affordability if you’re considering renting before buying.

For investors and real estate agents, the gap between total housing units (22,375) and households (20,276) hints at potential for rental properties or flips, especially given the high rental costs. The area’s economic strength and diversity could ensure consistent demand, whether you’re targeting families or professionals.

For small-business owners, the population of over 50,000 and cultural diversity provide a promising customer base. A median income above $83,000 suggests disposable income for goods and services, making ZIP 33324 a strategic spot for retail, dining, or niche services tailored to varied demographics.

For analysts, these metrics offer a snapshot of a balanced, diverse, and economically viable area. The data can inform broader market trends or specific investment strategies in Broward County.

Run This Study Yourself

• Curious about other ZIP codes or deeper insights into ZIP 33324? Start by visiting ZipcodeGPT to access powerful demographic tools.
• Enter any ZIP code to generate a detailed report tailored to your needs, from housing stats to population trends.
• Use the data to make confident decisions for your next home, investment, or business venture with ease.