Homestead, FL · standard

ZIP Code 33031

Miami-Dade County, Florida — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

5,859
106/sq mi
$109,945
Median income
$497,400
Median home value
18.4%
Bachelor's or higher

The verdict

Homestead pairs an upper-quartile household income with upper-quartile home values, in a rural, homeowner-dominated area.

Top 13%
household income, US ZIPs
Top 13%
home value, US ZIPs
106
people per sq mi
87%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 33031 against every reporting US ZIP.

ZIP code 33031 is classified by USPS as a standard delivery area and covers roughly 55.3 square miles in Homestead, Miami-Dade County, Florida. The area is home to 5,859 residents, producing a population density of 106 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 33031 against Florida and the nation.

On the economic side, the median household income for ZIP 33031 sits at $109,945 (43% above the Florida average), while per-capita income is $41,351. The poverty rate stands at 7.9% and the unemployment rate at 6.7%. On housing, the median home value is $497,400 (33% above the state average) with median rent at $1,745 per month, and 87.0% of occupied units are owner-occupied, a direct signal of whether 33031 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 18.4% of adults hold a bachelor's degree or higher, the median age is 42.1, and the average commute is 31 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Miami-Dade County, so you can benchmark 33031 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 33031

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 33031.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 33031, Homestead, 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

5,859

Population

55.3

Area (sq mi)

106

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 33031?

42.1

Median Age

46.5%

Male

53.5%

Female

39.8%

Foreign-Born

White 47.9%
African American 3.2%
Asian 2.0%
American Indian or Alaska Native 0.4%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 44.8%
Hispanic or Latino 58.4%

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?

$109,945

Median Household Income

+43% vs state

$41,351

Per Capita Income

7.9%

Poverty Rate

6.7%

Unemployment Rate

31.3 min

Mean Commute Time

How ZIP 33031 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$109,945 Top 13% higher than 87% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 57.1%
Bachelor's Degree or Higher 18.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

2,274

Total Housing Units

2,244

Occupied Units

30

Vacant Units

3.26

Avg Household Size

Occupancy Type

Owner 87.0%
Renter 13.0%

$497,400

Median Home Value

+33% vs state

$1,745

Median Rent

1987

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+8.1%

YoY Change (2024)

416

HPI Index (2000 = 100)

+316%

Total Change Since 2000

Home values in ZIP 33031 have increased 8.1% over the past year (2024). Since 2000, this ZIP has seen +316% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.6% 233
2021 +17.5% 274
2022 +25.3% 343
2023 +12.3% 385
2024 +8.1% 416

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 183 business establishments in ZIP 33031, employing approximately 1,487 people with a combined annual payroll of $62,367,000.

183

Businesses

1,487

Employees

$62.4M

Annual Payroll

13

Industry Sectors

Industry Establishments % of Total
Construction 25 13.7%
Administrative and support and waste management and remediation services 24 13.1%
Wholesale trade 23 12.6%
Professional, scientific, and technical services 22 12.0%
Retail trade 21 11.5%
Real estate and rental and leasing 17 9.3%
Other services (except public administration) 10 5.5%
Transportation and warehousing 9 4.9%
Health care and social assistance 9 4.9%
Accommodation and food services 7 3.8%
Manufacturing 6 3.3%
Agriculture, forestry, fishing and hunting 3 1.6%
Arts, entertainment, and recreation 3 1.6%

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 33031 vs 33030 →

ZIP 33031 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 33031 ranks #0 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 33031 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 33031 ranks #2 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
33030 Homestead, FL 34,110 3.0 mi
33170 Miami, FL 12,253 3.2 mi
33187 Miami, FL 16,315 4.7 mi
33032 Homestead, FL 34,088 6.8 mi
33039 Homestead, FL 122 6.6 mi
33033 Homestead, FL 49,028 6.2 mi
33196 Miami, FL 43,620 8.6 mi
33177 Miami, FL 53,191 7.7 mi
33035 Homestead, FL 13,497 9.9 mi
33186 Miami, FL 67,137 10.5 mi

More ZIP Codes in Miami-Dade County

Frequently Asked Questions

What county is ZIP code 33031 in?
ZIP code 33031 (Homestead) is located in Miami-Dade County, Florida. Miami-Dade County contains multiple ZIP codes, see the full list at /counties/miami-dade-fl.
What is the population of ZIP code 33031?
ZIP code 33031 in Homestead, FL has a population of 5,859 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 33031?
The median household income in ZIP 33031 is $109,945, which is 44% above the national average of $76,288.
What is the average home value in ZIP 33031?
The median home value in ZIP 33031 is $497,400, which is 79% above the national average of $278,155.
What is the demographic makeup of ZIP 33031?
The largest racial group in ZIP 33031 is White at 47.9%. Hispanic or Latino residents make up 58.4% of the population.
How many businesses are in ZIP code 33031?
ZIP code 33031 has 183 business establishments employing approximately 1,487 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 33031?
The top industries by establishment count in ZIP 33031 are: Construction (25), Administrative and support and waste management and remediation services (24), Wholesale trade (23). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 33031?
According to the FHFA House Price Index, home values in ZIP 33031 increased by 8.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 316%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 33031?
In ZIP code 33031, 57.1% of residents aged 25+ have a high school diploma or higher, and 18.4% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 33031?
The mean commute time for workers in ZIP code 33031 is 31.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 33031?
In ZIP code 33031, approximately 87.0% of occupied housing units are owner-occupied and 13.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 33031?
The poverty rate in ZIP code 33031 is 7.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Homestead, FL

Verify and explore additional data for this area using these official government sources.