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ZIP 33116 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 33116

Median Home Value
$213,100
Median Rent
$1,446
Affordability Snapshot
$59,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,369/mo PITI).

36%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

4.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

12.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 33116, a household would need roughly $59,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,369. That is about 22% above the local median household income ($48,232), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
19.8%-70% vs US avg
x
Vacancy Rate
4.8%-54% vs US avg
x
Broadband Access
78.2%-10% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
0.5%-96% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
26.8%-46% vs US avg
x
Mortgage-Free
42.0%+10% vs US avg
x
$213,100
Home Value
$1,446
Rent
1978
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached1.8%
  • 1-unit attached0.0%
  • 2-9 units3.7%
  • 10+ units92.8%
  • Mobile home & other1.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$213,100
Median rent$1,446
Owner-occupied19.8%
Vacant4.8%
Price-to-income4.4x
Est. income to buy$59,000