ZIP 34761 - 860Z200US34761 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 34761, located in the heart of Florida, this demographic and housing snapshot offers a clear picture of the area in 2023. With a diverse population, robust household income, and a competitive housing market, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living or working in this community.

Population & Households

ZIP 34761 is home to a substantial population of 46,313 residents as of 2023. This sizable community is spread across 14,153 households, indicating a strong residential base. The total number of housing units stands at 14,794, suggesting a tight housing market with limited vacancy. For families or individuals looking to settle here, this data points to a vibrant area with a significant number of neighbors and potential customers or clients for businesses.

Income & Housing Costs

The median household income in ZIP 34761 is $90,406, reflecting a relatively strong economic foundation for many residents. This income level supports a housing market where the median house value is $363,100, positioning the area as a mid-to-upper range market in terms of affordability. For renters, the median rent is $1,806 per month, which aligns with the higher property values and suggests that renting may be a significant expense for some households. Homebuyers and investors can use these figures to gauge affordability and potential returns, while business owners might see this income level as indicative of disposable income for goods and services.

Race & Ethnicity

The demographic makeup of ZIP 34761 is notably diverse, offering a multicultural environment that can appeal to a wide range of residents and businesses. The racial composition includes 39.47% White, 18.84% Black, 5.47% Asian, and 28.69% Hispanic residents. This diversity can be a draw for those seeking an inclusive community or for businesses aiming to cater to varied cultural preferences and needs. Understanding this mix is crucial for tailoring real estate offerings or business strategies to the local population.

Key Facts

• Total population: 46,313 residents, indicating a sizable community.
• Total households: 14,153, showing a strong residential presence.
• Total housing units: 14,794, suggesting limited vacancy and high demand.
• Median household income: $90,406, reflecting economic stability for many.
• Median house value: $363,100, positioning this as a competitive market.
• Median rent: $1,806, indicating significant rental costs.
• Diverse population: 39.47% White, 18.84% Black, 5.47% Asian, 28.69% Hispanic.

What This Means for You

For homebuyers, ZIP 34761 offers a dynamic community with a median house value of $363,100, which may require careful financial planning given the income levels and rental costs. The limited number of housing units compared to households suggests you’ll need to act quickly when properties become available. Investors and real estate agents can capitalize on the tight market and diverse population by targeting properties that appeal to a broad demographic or offer rental potential at $1,806 median rent. The strong median income of $90,406 also hints at potential for higher-end property investments. Small-business owners will find a diverse customer base and a community with disposable income, ideal for businesses that cater to varied cultural tastes or family needs. Finally, analysts can use this data to identify trends in housing demand, income distribution, and demographic shifts to inform broader market studies or client recommendations.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 34761? Start by visiting ZipcodeGPT for a user-friendly platform to analyze demographic and housing data.
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• Use the insights to make informed decisions for your next home purchase, investment, or business venture with confidence.