32054 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Union County
Centroid: Latitude 30.023, Longitude -82.342
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 32054 has segments in 2 Counties (Bradford, Union).

Businesses Addresses: 235
PO Box Addresses: 225
Residential Addresses: 4,017

Multi-Family Addresses: 48
Single Family Addresses: 3,969

Foreclosures in FL 32054

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

Lake Butler, FL 32054 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	13,249 (100%)
Population in Households	10,287 (77.6%)
Population in Families	8,685 (65.6%)
Population in Group Quarters¹	2,962 (22.4%)
Population Density	60
Diversity Index²	46


INCOME
Median Household Income	$50,020
Average Household Income	$65,976
% of Income for Mortgage⁴	17%
Per Capita Income	$19,571
Wealth Index⁵	49

HOUSING
Total HU (Housing Units)	4,389 (100%)
Owner Occupied HU	2,728 (62.2%)
Renter Occupied HU	1,250 (28.5%)
Vacant Housing Units	411 ( 9.4%)
Median Home Value	$161,075
Average Home Value	$161,294
Housing Affordability Index³	149

HOUSEHOLDS
Total Households	3,978
Average Household Size	2.59
Family Households	2,852
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Lake Butler, FL 32054 - Peer Comparisons by Rank and Percentile

The table below compares 32054 to the other 968 ZIP Codes in Florida by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	0.58%	0.36%
Households	0.39%	0.41%
Families		0.36%
Median Household Income		2.17%
Per Capita Income		2.68%
Owner Occupied HU		0.49%

Variable Description	Rank	Percentile
Total Population	# 638	34th
Population Density	# 844	13th
Median Household Income	# 769	21st
Housing Affordability Index	# 800	83rd
Per Capita Income	# 916	5th
Diversity Index	# 711	27th

32054 ZIP Code Profile, Map, Data & Demographics

ZIP Code 32054: Basic Data & USPS Preferred City Name

Lake Butler, FL 32054 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lake Butler, FL 32054 - Peer Comparisons by Rank and Percentile

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