34972 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Okeechobee County
Centroid: Latitude 27.325, Longitude -80.849
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 34972 has segments in 3 Counties (Okeechobee, Osceola, Saint Lucie).

Businesses Addresses: 606
PO Box Addresses: 0
Residential Addresses: 5,987

Multi-Family Addresses: 194
Single Family Addresses: 5,793

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: November 4, 2020.

Okeechobee, FL 34972 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	22,152 (100%)
Population in Households	19,268 (87.0%)
Population in Families	15,843 (71.5%)
Population in Group Quarters¹	2,884 (13.0%)
Population Density	26
Diversity Index²	76


INCOME
Median Household Income	$37,571
Average Household Income	$52,272
% of Income for Mortgage⁴	12%
Per Capita Income	$14,924
Wealth Index⁵	44

HOUSING
Total HU (Housing Units)	7,514 (100%)
Owner Occupied HU	3,825 (50.9%)
Renter Occupied HU	2,431 (32.4%)
Vacant Housing Units	1,258 (16.7%)
Median Home Value	$110,478
Average Home Value	$161,863
Housing Affordability Index³	205

HOUSEHOLDS
Total Households	6,256
Average Household Size	3.08
Family Households	4,563
Average Family Size	3

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.

Okeechobee, FL 34972 - Peer Comparisons by Rank and Percentile

The table below compares 34972 to the other 968 ZIP Codes in Florida by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	0.71%	0.52%
Households	0.52%	0.57%
Families	0.46%	0.53%
Median Household Income		1.08%
Per Capita Income		2.08%
Owner Occupied HU		0.65%

Variable Description	Rank	Percentile
Total Population	# 435	55th
Population Density	# 912	6th
Median Household Income	# 852	12th
Housing Affordability Index	# 834	86th
Per Capita Income	# 923	5th
Diversity Index	# 86	91st

Okeechobee, FL 34972 ZIP Code Profile

ZIP Code 34972: Basic Data & USPS Preferred City Name

Okeechobee, FL 34972 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Okeechobee, FL 34972 - Peer Comparisons by Rank and Percentile

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