33701

2023 Data
St. Petersburg, Florida

33701 is an average-income neighborhood in St. Petersburg with a competitive housing market.

Population

18,485

Income Rank

Top 45%

14%

$69K

Median Income

vs national

90%

$591K

Home Value

vs national

17%

$1,531

Monthly Rent

vs national

46.3 yrs

Median Age

How 33701 Compares

Key metrics versus national medians

Median Income
$69,098-14%

National median: $80,610

Home Value
$590,900+90%

National median: $311,500

Monthly Rent
$1,531+17%

National median: $1,314

College Educated
55.1%+58%

National median: 34.8%

Income Distribution in 33701

How household incomes are distributed across brackets

% of Households
Median Income Bracket

This chart shows the percentage of households in each income bracket. The highlighted bar represents the bracket containing the median household income of $69,098.

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What is the Average Income in 33701?

Household earnings and economic conditions

$69,098

Median Household Income

$66,853

Per Capita Income

3.6%

Unemployment Rate

Residents of 33701 earn a median household income of $69,098 per year. This is 14% below the national median of $80,610. The per capita income of $66,853 provides insight into individual earning power.

How Much Does it Cost to Live in 33701?

Real estate market and rental conditions in St. Petersburg

Home Buying

Median Home Value$590,900
20% Down Payment$118,180
Est. Monthly Mortgage$3,309

*Estimated at 7% APR, 30-year fixed

Renting

Median Monthly Rent$1,531
Annual Rent Cost$18,372
Rent-to-Income Ratio27%

Affordability Score

How affordable is it to live here?

0
out of 100
Moderately Affordable

How is this calculated?

Based on the standard 4x annual income mortgage guideline used by lenders: (Median Income x 4) / Median Home Value, combined with the 28% rent-to-income ratio recommended by financial advisors. This is not financial advice.

Most middle-income families can comfortably afford to live here.

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Age Distribution in 33701

Population breakdown by age and gender

Male
Female
Median Age (46.3 yrs)

This population pyramid shows the distribution of residents by age group and gender. The median age in 33701 is 46.3 years, which is older than the national median of 39 years.

Who Lives in 33701? Demographics & Population

Age, diversity, and population breakdown

18,485

Total Population

46.3

Median Age

55%

College Educated

10,332

Households

33701 has a population of 18,485 residents in approximately 10,332 households. The median age of 46.3 years is older than the national median of 39 years. With 55% of residents holding bachelor's degrees or higher, this is a highly educated community.

Diversity & Ethnicity in 33701

Racial and ethnic composition of the community

White(78.7%)
Black(10.5%)
Two or More(7.1%)
Asian(2.1%)
Other(1.5%)
Native American(0.1%)
Pacific Islander(0.1%)

Diversity Index

36

Moderate

0 = Single race, 100 = Perfect diversity

Hispanic/Latino Population

10.4%

Note: Hispanic/Latino is an ethnicity, counted separately from race

Racial Composition

White
78.7%
Black
10.5%
Two or More
7.1%
Asian
2.1%

The Diversity Index measures the probability that two randomly chosen residents belong to different racial groups. With a score of 36, this community has moderate diversity.

Education Levels in 33701

Educational attainment of adults 25 and older

College Educated (Bachelor's+)

55.1%

National average: 34.8%

High School or Higher

95.5%

National average: 88.6%

Education Breakdown

Less than HS
4.5%
HS Graduate
13%
Some College
21.8%
Associate's Degree
5.7%
Bachelor's Degree
31%
Graduate+
24.1%

Educational attainment data shows the highest level of education completed by residents 25 years and older. With 55.1% holding a bachelor's degree or higher, this area exceeds the national average.

What is 33701 Like? Neighborhood Profile

Community personality and lifestyle analysis

Community profile generated from Census data analysis
Community Type

Mixed Transitional Area

Located in St. Petersburg, the 33701 area is best described as a mixed transitional area.

The area offers more affordable living with moderate incomes.

The community includes many empty nesters and seasoned professionals.

Educational attainment is well above average, with many college graduates.

Best Suited For

  • +Adventurous buyers
  • +Investors
  • +Those seeking value

May Not Suit

  • -Risk-averse buyers
  • -Those needing established amenities

Key Characteristics

  • Highly educated residents
  • Competitive real estate market relative to incomes
  • Strong local job market

Typical Resident Profile

A typical 33701 resident is a mature adult in their late 40s to early 50s, renter in a competitive market, working in skilled professional position with advanced education.

Lifestyle

Evolving neighborhood with mix of long-time residents and newcomers

Frequently Asked Questions

Common questions about 33701 St. Petersburg, FL

The median household income in 33701 (St. Petersburg, FL) is $69,098, which is 14% below the national median of $80,610.

The median home value in 33701 is $590,900. A 20% down payment would be $118,180, with an estimated monthly mortgage of $3,309 at current rates.

The median monthly rent in 33701 is $1,531, totaling $18,372 annually. This represents 27% of the median household income.

33701 in St. Petersburg, Florida is an average-income neighborhood with a median age of 46.3 years. With 55% college graduates, it's a highly educated community.

The unemployment rate in 33701 is 3.6%, lower than the national rate of 4.8%. This means 96.4% of the labor force is employed.

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