ZIP 33607 - 860Z200US33607 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 33607, understanding the area's demographic and housing landscape is essential. Located in the heart of Tampa, Florida, this ZIP code offers a dynamic mix of residents and economic activity. With a population of nearly 25,000 and a diverse cultural makeup, ZIP 33607 presents unique opportunities and challenges for homebuyers, real estate investors, agents, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, investing, or operating in this vibrant community.

Population & Households

ZIP 33607 is home to 24,960 residents, making it a moderately sized community within the Tampa area. These individuals are distributed across 11,575 households, reflecting a mix of family and non-family living arrangements. With 13,158 total housing units in the area, there’s a notable presence of both occupied and vacant properties. This balance suggests potential availability for new residents or investors looking to enter the market, though competition for desirable units may still exist given the area’s appeal.

Income & Housing Costs

The median household income in ZIP 33607 stands at $66,404, indicating a solid economic base for many residents. This income level supports a range of lifestyles and purchasing power, which is crucial for small businesses targeting local consumers. On the housing front, the median home value is $316,100, reflecting a competitive real estate market that could appeal to buyers seeking long-term value or investors eyeing appreciation potential. For renters, the median rent is $1,771 per month, which aligns with the area’s urban setting and proximity to Tampa’s amenities. These figures highlight the need for careful financial planning, whether you’re buying, renting, or assessing market entry costs.

Race & Ethnicity

ZIP 33607 boasts a richly diverse population, with a racial and ethnic composition that shapes its cultural fabric. Hispanic residents make up the largest group at 45.37%, followed by White residents at 29.88%, and Black residents at 19.21%. Asian residents account for 2.26% of the population. This diversity fosters a vibrant community atmosphere, offering unique opportunities for businesses to cater to varied cultural preferences and for residents to engage in a multicultural environment. Understanding this demographic mix is key for anyone looking to connect with or serve this community effectively.

Key Facts

• Total population: 24,960 residents in ZIP 33607 as of 2023.
• Total households: 11,575, indicating a mix of family and individual living setups.
• Total housing units: 13,158, with a portion available for potential occupancy.
• Median household income: $66,404, supporting moderate economic stability.
• Median home value: $316,100, reflecting a competitive housing market.
• Median rent: $1,771 per month, consistent with urban rental trends.
• Diversity: Hispanic (45.37%), White (29.88%), Black (19.21%), Asian (2.26%).

What This Means for You

For homebuyers, ZIP 33607 offers a chance to invest in a diverse and growing community with a median home value of $316,100. This price point suggests a market with room for appreciation, though budgeting for associated costs is critical. Renters should note the median rent of $1,771, which may require a stable income to manage comfortably alongside other expenses. Real estate investors and agents can leverage the area’s diversity and population density to target specific buyer or renter demographics, while also considering the balance of occupied versus vacant housing units (13,158 total) for potential opportunities. Small-business owners will find a culturally rich customer base, with a median household income of $66,404 indicating reasonable spending power for goods and services tailored to local needs. Analysts can use these metrics to assess market trends, housing demand, and economic viability for future projects in this Tampa ZIP code.

Run This Study Yourself

• Curious about diving deeper into ZIP 33607 or comparing it with other areas? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Input any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your specific interests.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture with confidence.