34974 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Okeechobee County
Centroid: Latitude 27.229, Longitude -80.807
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 34974 has segments in 4 Counties (Glades, Highlands, Martin, Okeechobee).

Businesses Addresses: 466
PO Box Addresses: 0
Residential Addresses: 11,094

Multi-Family Addresses: 892
Single Family Addresses: 10,202

The ZIP Code maps and database are updated 4 times per year.
Database updated: October 1, 2023, Maps updated: August 11, 2023.

Okeechobee, FL 34974 Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	23,252 (100%)
Population in Households	23,138 (99.5%)
Population in Families	18,045 (77.6%)
Population in Group Quarters¹	114 ( 0.5%)
Population Density	66
Diversity Index²	55


INCOME
Median Household Income	$51,254
Average Household Income	$74,584
% of Income for Mortgage⁴	17%
Per Capita Income	$32,458
Wealth Index⁵	72
Socioeconomic Status Index⁶	Low (44.7)

HOUSING
Total HU (Housing Units)	14,075 (100%)
Owner Occupied HU	7,953 (56.5%)
Renter Occupied HU	2,163 (15.4%)
Vacant Housing Units	3,959 (28.1%)
Median Home Value	$148,553
Average Home Value	$182,041
Housing Affordability Index³	140

HOUSEHOLDS
Total Households	10,116
Average Household Size	2.29
Family Households	6,518
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Okeechobee, FL 34974 - Peer Comparisons by Rank and Percentile

The table below compares 34974 to the other 969 ZIP Codes in Florida by rank and percentile using July 1, 2023 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	2020-2023	2023-2028
Population	-0.27%	-0.11%
Households	0.26%	0.08%
Families		0.06%
Median Household Income		2.06%
Per Capita Income		3.08%
Owner Occupied HU		0.30%

Variable Description	Rank	Percentile
Total Population	# 437	55th
Population Density	# 837	14th
Median Household Income	# 727	25th
Housing Affordability Index	# 904	93rd
Per Capita Income	# 565	42nd
Diversity Index	# 574	41st

34974 ZIP Code Profile, Map, Data & Demographics

ZIP Code 34974: Basic Data & USPS Preferred City Name

Okeechobee, FL 34974 Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Okeechobee, FL 34974 - Peer Comparisons by Rank and Percentile

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