ZIP 33463 - 860Z200US33463 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 33463, located in Palm Beach 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 values, and racial 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 the community and its potential.

Population & Households

ZIP 33463 is home to a sizable population of 64,916 residents as of 2023. This figure reflects a vibrant community with a diverse mix of families, professionals, and individuals. The area comprises 20,614 households, indicating a strong residential base. With 22,696 total housing units, there’s a modest buffer of available properties, which could signal opportunities for buyers or investors looking to enter the market. The difference between households and housing units also suggests some vacancy or seasonal use, common in areas like this with potential for rental or second-home demand.

Income & Housing Costs

The median household income in ZIP 33463 stands at $68,697, reflecting a moderate earning capacity that supports a stable middle-class lifestyle for many residents. When it comes to housing, the median home value is $326,600, positioning this area as a relatively accessible entry point into the South Florida real estate market, especially compared to pricier nearby locales. For renters, the median rent is $1,721 per month, which aligns with the income levels but may feel steep for some budgets. These figures suggest a balanced market where owning or renting could be viable depending on your financial goals.

Race & Ethnicity

ZIP 33463 boasts a richly diverse population, which shapes its cultural fabric and community dynamics. The racial and ethnic breakdown shows Hispanic residents as the largest group at 38.16%, followed closely by Black residents at 28.66% and White residents at 27.19%. Asian residents make up a smaller but notable 3.77% of the population. This diversity can be a draw for businesses seeking a broad customer base or for families looking for an inclusive environment with varied cultural influences.

Key Facts

• Total population: 64,916 residents, indicating a substantial community.
• Total households: 20,614, supporting a strong residential presence.
• Total housing units: 22,696, with some potential vacancy or seasonal use.
• Median household income: $68,697, reflecting moderate earning power.
• Median home value: $326,600, offering a competitive entry point for buyers.
• Median rent: $1,721, aligning with local income but notable for budget planning.
• Diverse demographics: Hispanic (38.16%), Black (28.66%), White (27.19%), Asian (3.77%).

What This Means for You

For homebuyers, ZIP 33463 presents a promising opportunity with median home values at $326,600, which could be within reach for many, especially in the context of South Florida’s often higher-priced markets. The diversity and population size suggest a lively community with amenities and social connections to match. Investors and real estate agents might note the gap between housing units and households, hinting at potential for rentals or flips, especially with a median rent of $1,721 attracting steady demand. The income level of $68,697 supports a tenant base with reasonable financial stability. For small-business owners, the diverse demographic mix offers a wide customer pool, ideal for businesses catering to varied tastes or cultural needs—think restaurants, retail, or services. Analysts can use these metrics as a baseline to track trends in housing affordability or demographic shifts over time, especially in a dynamic region like this.

Run This Study Yourself

• Curious about other areas or want updated data for ZIP 33463? Dive deeper with your own analysis.
• Visit ZipcodeGPT to access powerful tools for demographic and housing insights tailored to your needs.
• Simply enter a ZIP code, and get instant, data-driven reports to guide your next decision.