ZIP 33702 - 860Z200US33702 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 33702, located in the St. Petersburg area of Florida, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 31,000 and a mix of housing options, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes ZIP 33702 distinct and whether it aligns with your goals.

Population & Households

ZIP 33702 is home to 31,233 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 14,127 households, reflecting a diverse mix of family structures and living arrangements. The total number of housing units stands at 16,240, indicating some vacancy or seasonal use, which could be of interest to investors looking for rental or resale opportunities. This balance of population and household density suggests a stable residential base, ideal for businesses targeting local consumers or families seeking a settled neighborhood.

Income & Housing Costs

The median household income in ZIP 33702 is $65,503, positioning it as a middle-income area with reasonable purchasing power. For homebuyers, the median house value of $293,700 offers a potentially accessible entry point compared to pricier coastal markets nearby. Meanwhile, renters face a median rent of $1,369 per month, which aligns with the income levels but may signal affordability challenges for lower-income households. These figures provide a practical benchmark for investors assessing return on investment or for small businesses gauging the local customer base’s spending capacity.

Race & Ethnicity

The demographic makeup of ZIP 33702 reflects a predominantly white population at 73.2%, with smaller but significant representation from other groups: Hispanic or Latino residents account for 12.16%, Black or African American residents make up 5.68%, and Asian residents comprise 4.41%. This diversity, while not as pronounced as in larger urban centers, still offers a multicultural environment that can appeal to businesses aiming to serve varied customer needs or families seeking inclusive communities. Understanding this composition can help tailor marketing strategies or community engagement efforts.

Key Facts

• Total population: 31,233 residents in 2023, indicating a stable community size.
• Total households: 14,127, supporting a mix of family and individual living arrangements.
• Total housing units: 16,240, with potential vacancies for investment opportunities.
• Median household income: $65,503, reflecting moderate economic stability.
• Median house value: $293,700, a competitive price point for the region.
• Median rent: $1,369, relevant for renters and rental property investors.
• Racial composition: 73.2% white, 12.16% Hispanic, 5.68% Black, 4.41% Asian, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 33702 offers a compelling mix of affordability and community size, with median home values at $293,700 providing a foothold in a desirable Florida market. The population of over 31,000 and household income of $65,503 suggest a stable neighborhood with decent economic activity, ideal for families or retirees. Investors and real estate agents should note the gap between total housing units (16,240) and households (14,127), which may point to opportunities for rentals or flips, especially given the median rent of $1,369. Small-business owners can leverage the area’s diversity (12.16% Hispanic, 4.41% Asian) and income levels to target niche markets or offer affordable services. Analysts can use these metrics as a baseline to track growth trends or compare with neighboring ZIP codes for broader market insights. Whether you’re buying, investing, or building a business, these data points help ground your decision-making in real numbers.

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