Madison, FL · standard
ZIP Code 32340
Madison County, Florida - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 11,808
- 20/sq mi
- $40,972
- Median income
- $132,900
- Median home value
- 14.0%
- Bachelor's or higher
The verdict
Madison pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 6th pct
- household income, US ZIPs
- 21th pct
- home value, US ZIPs
- 20
- people per sq mi
- 65%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 32340 against every reporting US ZIP.
ZIP code 32340 is classified by USPS as a standard delivery area and covers roughly 605.5 square miles in Madison, Madison County, Florida. The area is home to 11,808 residents, producing a population density of 20 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 32340 against Florida and the nation.
On the economic side, the median household income for ZIP 32340 sits at $40,972 (47% below the Florida average), while per-capita income is $22,747. The poverty rate stands at 20.9% and the unemployment rate at 5.4%. On housing, the median home value is $132,900 (65% below the state average) with median rent at $904 per month, and 65.3% of occupied units are owner-occupied, a direct signal of whether 32340 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 14.0% of adults hold a bachelor's degree or higher, the median age is 45.3, and the average commute is —. We also surface 1 nearby ZIP codes within roughly 10 miles and 3 additional ZIPs sharing Madison County, so you can benchmark 32340 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 32340
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 32340.
- Retail trade
Retail trade
48 establishments
- Health care and social assistance
Health care and social assistance
41 establishments
- Accommodation and food services
Accommodation and food services
25 establishments
- Other services (except public administration)
Other services (except public administration)
25 establishments
- Construction 19
Construction
19 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 32340, Madison, FL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
11,808
Population
605.5
Area (sq mi)
20
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 32340?
45.3
Median Age
55.3%
Male
44.7%
Female
2.6%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$40,972
Median Household Income
-47% vs state
$22,747
Per Capita Income
20.9%
Poverty Rate
5.4%
Unemployment Rate
How ZIP 32340 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$40,972 6th percentile higher than 6% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
4,584
Total Housing Units
3,816
Occupied Units
768
Vacant Units
2.27
Avg Household Size
Occupancy Type
$132,900
Median Home Value
-65% vs state
$904
Median Rent
1986
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 247 business establishments in ZIP 32340, employing approximately 2,533 people with a combined annual payroll of $96,730,000.
247
Businesses
2,533
Employees
$96.7M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 48 | 19.4% |
| Health care and social assistance | 41 | 16.6% |
| Accommodation and food services | 25 | 10.1% |
| Other services (except public administration) | 25 | 10.1% |
| Construction | 19 | 7.7% |
| Finance and insurance | 15 | 6.1% |
| Transportation and warehousing | 12 | 4.9% |
| Professional, scientific, and technical services | 11 | 4.5% |
| Wholesale trade | 9 | 3.6% |
| Real estate and rental and leasing | 9 | 3.6% |
| Manufacturing | 8 | 3.2% |
| Information | 6 | 2.4% |
| Administrative and support and waste management and remediation services | 6 | 2.4% |
| Agriculture, forestry, fishing and hunting | 4 | 1.6% |
| Utilities | 4 | 1.6% |
| Educational services | 3 | 1.2% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 32340 vs 32350 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 32350 | Pinetta, FL | 1,417 | 10.9 mi |
More ZIP Codes in Madison County
Related Areas
Frequently Asked Questions
What county is ZIP code 32340 in? ▼
What is the population of ZIP code 32340? ▼
What is the median household income in ZIP 32340? ▼
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What is the demographic makeup of ZIP 32340? ▼
How many businesses are in ZIP code 32340? ▼
What are the main industries in ZIP code 32340? ▼
What is the education level in ZIP code 32340? ▼
What percentage of residents own vs. rent in ZIP 32340? ▼
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ZIP Code Research Guides
Official Data Resources for Madison, FL
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.