ZIP 34711 - 860Z200US34711 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 34711 for your next home, investment property, or business location, this detailed snapshot offers a clear picture of the area’s demographics and housing landscape. Located in central Florida, likely encompassing parts of Clermont and surrounding areas in Lake County, ZIP 34711 is a dynamic community with a sizable population and a mix of housing options. Using the latest 2023 data, we’ll break down key metrics on 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, these insights will guide your next steps.

Population & Households

ZIP 34711 is home to a robust population of 69,727 residents, making it a vibrant and active community. This sizable population supports a diverse local economy and offers opportunities for businesses and investors alike. The area comprises 25,763 households, reflecting a strong residential base. With 28,127 total housing units, there’s a mix of occupied and available properties, which could indicate potential for growth or investment in housing stock. For homebuyers, this suggests a community with established roots and room to settle in, while businesses can tap into a large customer base.

Income & Housing Costs

The median household income in ZIP 34711 stands at $88,474, indicating a relatively strong earning capacity among residents. This income level suggests that many households have the financial stability to support local businesses and sustain a comfortable lifestyle. On the housing front, the median home value is $369,900, which positions the area as a mid-to-upper range market in terms of affordability. For investors and agents, this price point could signal opportunities for appreciation or rental income. Meanwhile, the median rent of $1,817 reflects a competitive rental market, appealing to those looking to lease rather than buy. These figures provide a balanced view of affordability and investment potential in the area.

Race & Ethnicity

ZIP 34711 boasts a diverse community, with a racial and ethnic composition that reflects a blend of backgrounds. The population identifies as 54.91% White, 22.54% Hispanic, 11.49% Black, and 3.73% Asian, with the remainder likely representing other or mixed-race groups. This diversity enriches the cultural fabric of the area, offering a welcoming environment for residents and businesses alike. For small-business owners, this mix can translate into varied customer needs and opportunities to cater to different cultural preferences. Homebuyers and investors may also appreciate the inclusive atmosphere when considering long-term community fit.

Key Facts

• Total population: 69,727 residents, indicating a substantial community with economic potential.
• Total households: 25,763, reflecting a strong residential foundation.
• Total housing units: 28,127, suggesting availability for growth or investment.
• Median household income: $88,474, showcasing solid earning power.
• Median home value: $369,900, a competitive price in the mid-to-upper range.
• Median rent: $1,817, pointing to a robust rental market.
• Diversity: 54.91% White, 22.54% Hispanic, 11.49% Black, 3.73% Asian, highlighting a multicultural community.

What This Means for You

For homebuyers, ZIP 34711 offers a promising mix of affordability and community size. With a median home value of $369,900 and a median income of $88,474, many families can find a comfortable fit here, while the diverse population ensures a welcoming environment. Real estate investors and agents will note the potential in the housing stock, with over 28,000 units and a competitive rental market at $1,817 median rent—ideal for buy-and-hold or rental strategies. Small-business owners can leverage the large population of nearly 70,000 and the cultural diversity to tailor products or services to a broad audience. Analysts can use these metrics as a baseline for deeper market studies, whether for housing trends or economic forecasts. This area presents a balanced opportunity for various stakeholders to thrive.

Run This Study Yourself

• Visit ZipcodeGPT to access powerful tools for analyzing any ZIP code’s demographics and housing data.
• Input your target ZIP code to generate a customized report with the latest figures and insights.
• Use the results to inform your decisions, whether you’re buying a home, investing, or starting a business.