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ZIP 33242 — Housing & Real Estate

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

Low Income Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 33242

Median Home Value
$207,400
Median Rent
$1,083
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,332/mo PITI).

55%
Rent-to-Income Ratio

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

8.8x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

16.0 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 33242, a household would need roughly $57,000 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 $1,332. That is about 142% above the local median household income ($23,516), 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
12.1%-82% vs US avg
x
Vacancy Rate
8.7%-16% vs US avg
x
Broadband Access
49.0%-44% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
3.2%-75% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
34.5%-31% vs US avg
x
Mortgage-Free
53.7%+41% vs US avg
x
$207,400
Home Value
$1,083
Rent
1971
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached14.3%
  • 1-unit attached9.7%
  • 2-9 units21.5%
  • 10+ units48.8%
  • Mobile home & other5.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$207,400
Median rent$1,083
Owner-occupied12.1%
Vacant8.7%
Price-to-income8.8x
Est. income to buy$57,000