ZIP 33605 - 860Z200US33605 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 33605, located in the Tampa, Florida area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 16,000 and a diverse cultural makeup, this area presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics—population, income, housing costs, and racial composition—to help you make informed decisions about living or working in ZIP 33605.

Population & Households

ZIP 33605 is home to 16,623 residents as of 2023, spread across 7,451 households. This translates to an average household size of roughly 2.2 people, suggesting a mix of small families, couples, and individuals. The total number of housing units in the area stands at 8,994, indicating some vacancy or availability for potential buyers or renters. For those looking to settle or invest, this population density and household structure point to a moderately sized community with room for growth or new entrants.

Income & Housing Costs

The median household income in ZIP 33605 is $36,790, which is relatively modest compared to national averages. This figure is crucial for understanding the purchasing power of residents and the affordability of the area for potential newcomers or businesses. On the housing front, the median house value is $235,100, offering a potentially accessible entry point for homebuyers or investors seeking properties in an urban-adjacent market like Tampa. Meanwhile, the median rent is $1,122 per month, reflecting a rental market that may appeal to those not yet ready to buy or looking for flexibility. These figures suggest that ZIP 33605 could be a budget-friendly option, though income levels may influence the types of businesses or services that thrive here.

Race & Ethnicity

The demographic makeup of ZIP 33605 is notably diverse, providing a rich cultural tapestry for residents and businesses alike. Black residents constitute the largest group at 47.86% of the population, followed by Hispanic residents at 28.03%. White residents account for 17.3%, while Asian residents make up 1.18%. This diversity can be a significant draw for small-business owners looking to cater to varied tastes and needs, as well as for families seeking a multicultural environment. Understanding this composition also helps investors and agents gauge community dynamics and market demand for specific housing or commercial offerings.

Key Facts

• Total population in ZIP 33605: 16,623 residents in 2023.
• Total households: 7,451, with an average size of about 2.2 people.
• Total housing units: 8,994, suggesting some availability for new occupants.
• Median household income: $36,790, indicating a lower-to-moderate income community.
• Median house value: $235,100, potentially accessible for first-time buyers.
• Median rent: $1,122 per month, reflecting a competitive rental market.
• Racial composition: 47.86% Black, 28.03% Hispanic, 17.3% White, 1.18% Asian.

What This Means for You

For homebuyers, ZIP 33605 offers a chance to enter the housing market at a median value of $235,100, which could be appealing if you’re looking for affordability near Tampa’s urban core. However, with a median household income of $36,790, consider the financial landscape of the area when planning your budget or mortgage. Real estate investors and agents might find opportunities in the gap between total housing units (8,994) and occupied households (7,451), suggesting potential for rentals or flips, especially given the reasonable median rent of $1,122. Small-business owners can leverage the area’s diversity—nearly half the population is Black, with a significant Hispanic presence—to tailor products or services to a varied customer base. Analysts studying market trends will appreciate the balance of affordability and cultural richness as indicators of future growth or community needs in ZIP 33605.

Run This Study Yourself

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