| ZIP Code | 32340 |
|---|---|
| City | Madison |
| State | Florida (FL) |
| County | Madison County |
| Area Code | 448/850 |
| Elevation | 144 ft |
| Latitude | 30.448953 |
|---|---|
| Longitude | -83.434802 |
| Timezone | New York (DST) |
| FIPS | 12079 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.0 yrs ↑ 8% since 2019 |
|---|---|
| Avg Household Size | 2.25 |
| Below Poverty | 16.8% ▲ 68% above avg |
| College Grads | 26.1% ▼ 33% below avg |
| Unemployment | 3.5% ▼ 29% below avg |
| No HS Diploma | 180 (2.7%) |
| HS Graduate | 2,336 (35.4%) |
| Some College | 1,427 (21.6%) |
| Associates | 943 (14.3%) |
| Bachelors | 813 (12.3%) |
| Graduate Degree | 908 (13.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $43,393 ▼ 43% below avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $115,900 ▼ 58% below avg ↑ 18% since 2019 |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $814/mo ↑ 24% since 2019 |
| Total Units | 4,567 |
| Vacant Units | 701 |
| Avg HH Size | 2.25 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,567 |
|---|---|
| Vacant | 701 |
| Owner Occupied | 64.6% |
| Renter Occupied | 35.4% |
| Avg HH Size | 2.25 |
ZIP code 32340 is located in Madison, Florida, within Madison County. With a population of 10,424, this is a lightly populated ZIP code with a mature community — the median age is 45 years. Economically, 32340 is a working-class ZIP code: the median household income of $43,393 is below the national average.
Real estate in ZIP code 32340 represents one of the more affordable housing markets in the country. The median home value of $115,900 is well below the national average. Renters can expect to pay around $814 per month in median rent. Homeownership is strong here — 64.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 18% since 2019.
The population of 32340 is racially diverse, with White as the largest group at 50.0%. Residents are moderately educated — 26.1% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 16.8%. Household income has grown by 25% since 2019.
The unemployment rate in 32340 stands at 3.5%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 32340 in Madison, FL is characterized as working-class, moderately educated, a mature community, and predominantly owner-occupied. With 10,424 residents, a median household income of $43,393, and a median home value of $115,900, it offers a clear picture of life in this part of Florida.