ZIP 33417 - 860Z200US33417 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 33417 for your next home, investment property, or business location, understanding the area's demographic and housing landscape is essential. Located in Florida, this ZIP code offers a diverse community and a range of housing options. With data from 2023, this snapshot provides a clear picture of population trends, income levels, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers and uncover what makes ZIP 33417 unique.

Population & Households

ZIP 33417 is home to a population of 36,464 residents as of 2023, making it a moderately sized community with a mix of families, retirees, and working professionals. This population is spread across 16,470 households, reflecting a variety of living arrangements from single-person homes to larger family units. With 20,450 total housing units in the area, there’s a notable difference between occupied and available properties, which could signal opportunities for buyers or investors looking to enter the market.

Income & Housing Costs

The median household income in ZIP 33417 stands at $50,077, which provides a benchmark for understanding the economic profile of the area. This income level suggests a community with a mix of middle- and working-class residents, offering affordability for many prospective homebuyers. On the housing front, the median house value is $159,300, positioning ZIP 33417 as a relatively accessible market compared to higher-priced regions in Florida. For renters, the median rent is $1,533 per month, which aligns with the income levels and reflects a balanced cost of living for those not ready to buy.

Race & Ethnicity

ZIP 33417 boasts a diverse population, with a racial and ethnic composition that enriches the community’s cultural fabric. White residents make up 34.46% of the population, followed closely by Black residents at 29.79%. Hispanic or Latino individuals account for 27.45%, while Asian residents represent 3.45%. This diversity creates a vibrant, multicultural environment that can appeal to a wide range of homebuyers, business owners, and investors looking for an inclusive community to call home or establish a presence.

Key Facts

• Total population in ZIP 33417: 36,464 residents.
• Total households: 16,470, indicating a mix of family and solo living arrangements.
• Total housing units: 20,450, with some vacancy that may present opportunities.
• Median household income: $50,077, reflecting a moderate economic base.
• Median house value: $159,300, offering affordability in the Florida market.
• Median rent: $1,533, aligning with local income levels.
• Diverse demographics: White (34.46%), Black (29.79%), Hispanic (27.45%), Asian (3.45%).

What This Means for You

For homebuyers, ZIP 33417 offers an affordable entry point into the Florida housing market with a median home value of $159,300. The diverse community and reasonable cost of living make it a welcoming place for families or individuals seeking a balanced lifestyle. Real estate investors and agents should note the gap between total housing units and occupied households, which could indicate potential for rental properties or fixer-uppers in a market with steady demand. The median rent of $1,533 suggests a viable return for landlords catering to the area’s renter population.

For small-business owners, the diverse demographic makeup and moderate income levels point to a customer base with varied needs and spending capacities. Establishing a business in ZIP 33417 could tap into a multicultural market, especially for services or products tailored to different ethnic groups. Analysts can use this data to track trends in housing affordability and demographic shifts, providing deeper insights for clients or stakeholders in real estate and economic development.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 33417? Use ZipcodeGPT to access the latest demographic and housing data tailored to your needs.
• Simply enter the ZIP code of interest on the platform to generate a comprehensive report in seconds.
• Make data-driven decisions for your home purchase, investment, or business strategy with ease.