ZIP 34787 - 860Z200US34787 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 34787, located in the heart of Florida, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ll break down population trends, household dynamics, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer, real estate investor, agent, small-business owner, or analyst, these insights will help you make informed decisions about this vibrant community.

Population & Households

ZIP 34787 is home to a substantial population of 93,064 residents, making it a bustling and growing area. This population is distributed across 30,658 households, reflecting a strong community base for families, professionals, and retirees alike. The total number of housing units stands at 33,141, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or investors looking to enter the market, as well as room for growth in residential demand.

Income & Housing Costs

One of the standout metrics for ZIP 34787 is its median household income of $114,988, which points to a relatively affluent community. This income level supports a robust local economy, making the area attractive for businesses catering to middle- and upper-income households. On the housing front, the median home value is $475,000, reflecting a competitive real estate market with significant investment potential. For renters, the median rent is $1,994 per month, which aligns with the area’s higher cost of living but also signals strong demand for rental properties. These figures highlight ZIP 34787 as a place where financial stability and housing value go hand in hand.

Race & Ethnicity

The cultural fabric of ZIP 34787 is notably diverse, offering a welcoming environment for residents and businesses alike. The racial and ethnic composition includes 53.05% White, 8.51% Black, 6.34% Asian, and 23.22% Hispanic residents. This diversity not only enriches the community’s social landscape but also presents unique opportunities for businesses to cater to varied cultural preferences and needs. For investors and agents, understanding this mix can guide marketing strategies and property development to align with the community’s makeup.

Key Facts

• Total population: 93,064 residents, indicating a sizable and active community.
• Total households: 30,658, showcasing a strong base of family and individual units.
• Total housing units: 33,141, suggesting availability for new residents or investors.
• Median household income: $114,988, reflecting economic strength in the area.
• Median home value: $475,000, pointing to a high-value real estate market.
• Median rent: $1,994, indicating a premium rental market with steady demand.
• Diverse population: 53.05% White, 23.22% Hispanic, 8.51% Black, 6.34% Asian.

What This Means for You

For homebuyers, ZIP 34787 offers a prosperous community with a median home value of $475,000, which suggests long-term value appreciation but requires a significant investment upfront. The diverse population also means a culturally rich neighborhood to call home. Investors and agents will find the slight surplus of housing units (33,141 vs. 30,658 households) and high median income ($114,988) indicative of a market with room for growth and a financially stable buyer pool. Rental properties, with a median rent of $1,994, could yield strong returns given the demand. For small-business owners, the affluent and diverse demographic provides a solid customer base for tailored products and services—think specialty retail, dining, or cultural offerings. Analysts can use these metrics to benchmark ZIP 34787 against neighboring areas, identifying trends in income, housing, and diversity for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 34787? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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