32948 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Indian River County
Centroid: Latitude 27.77, Longitude -80.602
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 32948 has segments in 2 Counties (Brevard, Indian River).

Businesses Addresses: 140
PO Box Addresses: 436
Residential Addresses: 2,065

Multi-Family Addresses: 240
Single Family Addresses: 1,825

Foreclosures in FL 32948

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

Fellsmere, FL 32948 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	6,672 (100%)
Population in Households	6,662 (99.9%)
Population in Families	5,687 (85.2%)
Population in Group Quarters¹	10 ( 0.1%)
Population Density	53
Diversity Index²	83


INCOME
Median Household Income	$52,847
Average Household Income	$65,206
% of Income for Mortgage⁴	20%
Per Capita Income	$19,513
Wealth Index⁵	45

HOUSING
Total HU (Housing Units)	2,157 (100%)
Owner Occupied HU	1,472 (68.2%)
Renter Occupied HU	516 (23.9%)
Vacant Housing Units	169 ( 7.8%)
Median Home Value	$204,248
Average Home Value	$241,168
Housing Affordability Index³	130

HOUSEHOLDS
Total Households	1,988
Average Household Size	3.35
Family Households	1,605
Average Family Size	4.00

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.

Fellsmere, FL 32948 - Peer Comparisons by Rank and Percentile

The table below compares 32948 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	0.38%	0.37%
Households	0.63%	0.43%
Families		0.41%
Median Household Income		2.37%
Per Capita Income		3.60%
Owner Occupied HU		0.58%

Variable Description	Rank	Percentile
Total Population	# 767	21st
Population Density	# 858	11th
Median Household Income	# 691	29th
Housing Affordability Index	# 645	67th
Per Capita Income	# 918	5th
Diversity Index	# 104	89th

32948 ZIP Code Profile, Map, Data & Demographics

ZIP Code 32948: Basic Data & USPS Preferred City Name

Fellsmere, FL 32948 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Fellsmere, FL 32948 - Peer Comparisons by Rank and Percentile

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Indian River County