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 in 2023. With a robust population, strong income levels, and a diverse community, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the data to help you understand what makes 34787 stand out and how it can align with your goals.

Population & Households

ZIP 34787 is home to a substantial population of 93,064 residents as of 2023, making it a vibrant and dynamic area. This population is spread across 30,658 households, indicating a strong community base with a mix of families, professionals, and individuals. The total number of housing units stands at 33,141, suggesting a slight surplus of available homes or rentals, which could be a point of interest for investors or buyers looking for options in a growing market.

Income & Housing Costs

One of the standout metrics for ZIP 34787 is its median household income of $114,988, which reflects a financially stable and affluent community. This higher-than-average income level supports a robust local economy, benefiting small businesses and attracting quality investments. On the housing front, the median home value is $475,000, positioning 34787 as a premium market for real estate. For renters, the median rent is $1,994 per month, indicating a strong rental demand that could appeal to property investors seeking steady returns.

Race & Ethnicity

The demographic makeup of ZIP 34787 showcases a diverse and inclusive community. The racial composition includes 53.05% White, 8.51% Black, 6.34% Asian, and a significant 23.22% Hispanic population. 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 a broad customer base with varied needs and preferences, while homebuyers may appreciate the multicultural vibe of the neighborhood.

Key Facts

• Total population in ZIP 34787: 93,064 residents, indicating a sizable and active community.
• Total households: 30,658, reflecting a strong base of family and individual units.
• Total housing units: 33,141, suggesting potential availability for new residents or investors.
• Median household income: $114,988, highlighting economic strength and purchasing power.
• Median home value: $475,000, positioning the area as a high-value real estate market.
• Median rent: $1,994, indicating a competitive rental market with solid investment potential.
• Diverse population: 53.05% White, 23.22% Hispanic, 8.51% Black, and 6.34% Asian.

What This Means for You

For homebuyers, ZIP 34787 offers a premium housing market with a median home value of $475,000, ideal for those seeking long-term value in a financially stable and diverse community. The slight surplus of housing units (33,141 versus 30,658 households) may provide some negotiation room or variety in home choices. Real estate investors and agents will find the high median rent of $1,994 and strong household income of $114,988 as indicators of a lucrative rental market and potential for property appreciation. Small-business owners can leverage the area’s sizable population of 93,064 and diverse demographic mix to tap into a wide customer base with significant purchasing power. Finally, analysts can use these metrics to benchmark 34787 against other ZIP codes for market trends, growth potential, or investment risks, grounding decisions in hard data.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 34787? Start by visiting ZipcodeGPT to access powerful demographic and housing insights tailored to your needs.
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