ZIP Code 32340 Demographics

Madison County, Florida  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 32340 compared to county averages.

Total Population

10,213

↓ 43.2% vs county

Median HH Income

$36,795

↓ 15.2% vs county

Median Home Value

$105,200

↑ +13.9% vs county

Median Age

45.1 yrs

↓ +1.3% vs county

Unemployment Rate

4.4%

↓ +63.9% vs county

Income & Housing Comparison

How ZIP 32340 compares to Madison County and Florida overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 32340 $37k Madison $43k Florida $68k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 32340 $105k Madison $92k Florida $292k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

8.1%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

66.2%

of occupied housing units are owner-occupied

Median Gross Rent

$825

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 32340 using local Census metrics.

Median Home Value$105,200
Down Payment (20%)$21,040
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$668P&I: $532 | Tax: $105 | Ins: $31
Rent (Local Median)
$825
Buying is CheaperBuying a home is estimated to save you $157/month compared to local rents.

How Does 32340 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 32340 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 32340, sorted by distance.

32059 11.2 mi away madison county 32331 12.3 mi away madison county 32060 26.4 mi away suwannee county 32064 29.2 mi away suwannee county

About Madison County

Madison County is located in Florida and has a total population of 17,986. The county's median household income is $43,386 and median home value is $92,400. ZIP code 32340 is one of many ZCTAs within this county.

View all ZIP codes in Madison County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.