32940 can be classified socioeconomically as Middle Class class compared to other ZIP Codes in Florida based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 32940 is White. The majority race/ethnicity attending public schools in 32940 is White. The current unemployment level in 32940 is 4.4%.
| Population | 47,030 |
| Population Growth Rate | 0.00% |
| Population Density | 2,089 People per Square Mile |
| Total Households | 13,032 |
| Percentage High Income Households | 4.3% |
| Median Household Income (2021) | $86,347 |
| Average Adjusted Gross Income (2021) | $509,090 |
| Current Unemployment Rate (May 2026) | 4.4% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 80.43% |
| Public School Majority Race/Ethnicty | White - 70.15% |
32940 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 37,538 | 80.43% |
| Black | 1,993 | 4.27% |
| Hispanic | 4,848 | 10.39% |
| Asian | 2,250 | 4.82% |
| Native American | 40 | 0.09% |
| Hawaiian/Pac. Islander | 0 | 0% |
32940 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 4,595 | 75.98% |
| Black | 406 | 6.71% |
| Hispanic | 776 | 12.83% |
| Asian | 244 | 4.03% |
| Native American | 19 | 0.31% |
| Hawaiian/Pac. Islander | 8 | 0.13% |
32940 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,716 | 7.42% |
| Bachelor Degree | 5,681 | 24.57% |
| High School Diploma | 4,121 | 17.83% |
| No High School Diploma | 177 | 0.77% |
| GED or Alternate | 661 | 2.86% |
| 1 or More Years of College | 3,673 | 15.89% |
| Associates Degree | 2,406 | 10.41% |
| Masters Degree | 3,537 | 15.3% |
| Professional Degree | 786 | 3.4% |
| Doctorate Degree | 359 | 1.55% |