ZIP 33470 - 860Z200US33470 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 33470, located in Florida’s Palm Beach County, 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 you make informed decisions. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, understanding ZIP 33470’s profile can guide your next steps.

Population & Households

ZIP 33470 is home to a population of 33,232 residents, making it a moderately sized community with room for growth. These individuals are distributed across 10,877 households, reflecting a strong residential base. The total number of housing units stands at 11,309, indicating a slight surplus of available properties over occupied homes. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant units.

Income & Housing Costs

Financially, ZIP 33470 stands out with a median household income of $116,758, which is notably higher than many national averages. This figure points to a relatively affluent community with disposable income to support local businesses and sustain property values. On the housing front, the median home value is $532,200, reflecting a robust real estate market that could appeal to investors seeking appreciation. For renters, the median rent is $2,576 per month, which aligns with the area’s higher income levels but may pose affordability challenges for some. These metrics highlight ZIP 33470 as a premium market with strong economic underpinnings.

Race & Ethnicity

The demographic makeup of ZIP 33470 showcases a diverse community. The racial composition includes 59.02% White, 9.74% Black, 1.93% Asian, and 23.95% Hispanic residents. This diversity creates a culturally rich environment, which can be a draw for families and businesses aiming to cater to varied customer bases. For small-business owners, this mix offers opportunities to tailor products or services to different cultural preferences, while homebuyers may appreciate the inclusive atmosphere.

Key Facts

• Total population: 33,232 residents in ZIP 33470.
• Total households: 10,877, supporting a stable community base.
• Total housing units: 11,309, with some availability for new occupants.
• Median household income: $116,758, indicating strong earning potential.
• Median home value: $532,200, a significant investment opportunity.
• Median rent: $2,576, reflecting a high-end rental market.
• Racial diversity: 59.02% White, 23.95% Hispanic, 9.74% Black, 1.93% Asian.

What This Means for You

For homebuyers, ZIP 33470 offers a prosperous and diverse community with high property values. The median home price of $532,200 suggests a long-term investment, though it requires substantial financial readiness. The slight surplus of housing units (11,309 total versus 10,877 households) may provide some negotiation leverage if inventory remains available.

For investors and real estate agents, the high median income and home values signal a market with strong demand and potential for returns. The rental market, with a median rent of $2,576, also indicates opportunities for income properties, especially for those targeting higher-income tenants. Keep an eye on the diversity of the area to understand tenant or buyer preferences better.

For small-business owners, the affluent population and cultural diversity in ZIP 33470 present a promising customer base. With a median household income of $116,758, residents likely have spending power for premium goods and services. Tailoring offerings to the significant Hispanic population (23.95%) or other groups could help carve out a niche in this market.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing demand, and community needs in ZIP 33470. The data suggests stability and growth potential, worthy of further exploration.

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