34432 Zip Code Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for the 34432 zip code? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for 34432, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

34432 is a zip code in Marion County, Florida, which covers Belleview CCD, Dunnellon CCD, and Fellowship, with a total population of 13,029 people.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in 34432 is $45,583.00.

The chart below shows the average household income by age in 34432.

  • Under 25
    $46,667.00
  • 25 to 44
    $30,170.00
  • 45 to 64
    $47,500.00
  • 65 and over
    $47,766.00

Average Household Income

A very commonly asked question is "what is the average household income in the 34432 zip code?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in 34432 is $60,870.00.

2.34% of households in the 34432 zip code are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for 34432 but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for 34432

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for the 34432 zip code easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    21.79%
  • $25,000 to $49,999
    34.28%
  • $50,000 to $74,999
    15.58%
  • $75,000 to $99,999
    11.10%
  • $100,000 to $149,999
    11.43%
  • $150,000 to $199,999
    3.48%
  • $200,000 or more
    2.34%

Per Capita Income

The per capita income is the average income of all people in the 34432 zip code. This is calculated by dividing the total income of all people in 34432 by the total number of people in 34432.

It differs from the average or mean household income because it includes all people in 34432 and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in the 34432 zip code is $27,110.00.

Population in 34432 by Race and Ethnicity

The total population in 34432 is currently 13,029 people.

The race and ethnicity of the population in 34432 can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in the 34432 zip code.

  • 2.00% White
    266
  • 88.60% Black/African American
    11,546
  • 78.60% Native
    10,238
  • 5.80% Hispanic
    757
  • 2.60% Asian
    341
  • 0.80% Hawaiian/Pacific Islander
    101
  • 0.20% Two or more races
    21
  • 1.00% Other
    129

Population of 34432 by Age and Gender

Another very important demographics statistic for the 34432 zip code is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 676 466
10 to 19 Years 821 368
20 to 29 Years 440 480
30 to 39 Years 637 755
40 to 49 Years 399 318
50 to 59 Years 823 1,098
60 to 69 Years 1,274 1,314
70 Years and over 1,505 1,655

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in the 34432 zip code.

  • Master's degree or higher
    9.60%
  • Bachelor's degree
    20.83%
  • Some college or associate's degree
    14.14%
  • High school diploma or equivalent
    50.06%
  • Less than high school diploma
    5.38%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for 34432 because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in 34432 look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in the 34432 zip code that are over the age of 16.

The current population in 34432 that are over the age of 16 is 10,977 people.

The unemployment rate in 34432 is 7.10%, which means 318 people are unemployed.

Median Age in 34432

The median age is an interesting metric because it gives us an idea of the age distribution of people in the 34432 zip code. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in 34432 is 55.9 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in 34432

55.9

Total

53.9

Male

58.3

Female

Households and Families

There are a total of 5,694 households in 34432, and the average household size is 2.28 people.

For families, the total number is 3,586, and the average family size is 2.81 people.

15.60% of those families in the 34432 zip code are living below the poverty line.

The table below shows the poverty thresholds for 34432 in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in the 34432 zip code for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 2,882 166 538 2,108
Average Household Size 2.77 3.22 3.52 1.23
Total Families 2,882 166 538 0
Average Household Size 2.73 2.94 3.24 0

Housing Data in 34432

There are total of 6,599 housing units in the 34432 zip code. Of those units, 5,694 (86.29%) are occupied, and 905 (13.71%) are vacant.

Rental Rates

Of the 6,599 housing units in 34432, 575 (8.71%) are occupied by renters. The median rent paid by renters is $941.00.

Owner occupied housing units make up the remaining 76.06% of housing units, with 5,019 housing units in total.

The table below breaks down how much rent is paid by renters in the 34432 zip code.

  • No rent paid
    100
  • Less than $500
    50
  • $500 to $999
    261
  • $1,000 to $1,499
    230
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    34
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in 34432 is $189,400.00.

The table below breaks down the range of valuations for all properties in 34432.

  • Less than $50,000
    517
  • $50,000 to $99,999
    403
  • $100,000 to $149,999
    726
  • $150,000 to $199,999
    1,084
  • $200,000 to $299,999
    1,469
  • $300,000 to $499,999
    663
  • $500,000 to $999,999
    125
  • $1,000,000 or more
    32

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in the 34432 zip code.

  • 1939 or earlier
    70
  • 1940 to 1949
    16
  • 1950 to 1959
    55
  • 1960 to 1969
    379
  • 1970 to 1979
    407
  • 1980 to 1989
    1,128
  • 1990 to 1999
    1,947
  • 2000 to 2009
    2,229
  • 2010 to 2013
    362
  • 2014 or later
    6

Vehicles Available per Household

Finally, we have data on how many vehicles each household in 34432 has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    171
  • 1 vehicle available
    2,374
  • 2 vehicles available
    2,144
  • 3 or more vehicles available
    1,005

Commuting to Work in 34432

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of the 34432 zip code, how they commute, and how that correlates to other data points.

The average travel time is 29.9 minutes, and the chart below covers the range of travel times across the population of 34432.

  • Less than 5 minutes
    55
  • 5 to 9 minutes
    286
  • 10 to 14 minutes
    301
  • 15 to 19 minutes
    525
  • 20 to 24 minutes
    329
  • 25 to 29 minutes
    214
  • 30 to 34 minutes
    713
  • 35 to 39 minutes
    321
  • 40 to 44 minutes
    75
  • 45 to 59 minutes
    555
  • 60 to 89 minutes
    124
  • 90 or more minutes
    102

We can also look at the means of transport in 34432 to see which modes of transport people are using to commute to work.

  • Drove alone
    3,123
  • Carpooled
    326
  • Public transportation
    0
  • Walked
    65
  • Other means
    86
  • Worked from home
    440

Conclusion

Hopefully this article has given you the demographics data you were looking for in the 34432 zip code.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for 34432.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "34432 Zip Code Income, Population and Demographics". NameCensus.com. Accessed on June 16, 2024. https://namecensus.com/demographics/florida/34432/.

  • "34432 Zip Code Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/florida/34432/. Accessed 16 June, 2024

  • 34432 Zip Code Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/florida/34432/.