JeffCroweCRE

Housing market/Florida/ZIP 32034

ACS 2023 · FY2027 SAFMR

ZIP 32034 Fernandina Beach, Florida

Jacksonville, FL HUD Metro FMR Area · Florida. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
39,280
Households
17,718
Median HH income
$97,756
Renter share
14.9%
Median gross rent
$1,399
Vacancy
18.6%
Pop. change
+12.5%
2BR SAFMR
$1,640
SAFMR / rent
1.172×
2–49 unit stock
3,539
LIHTC proj / units
5 / 367
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32034 · FL — sent to you.

ZIP 32034 · FL

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ACS rent vs 2BR SAFMR

ZIP 32034 — Fernandina Beach, FL HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,399
2BR SAFMR$1,640
90% floor$1,476
110% ceiling$1,804

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 32034

  • 1-unit detached15,27470.2%
  • 1-unit attached1,1575.3%
  • 2–4 units1,1735.4%
  • 5–49 units2,36610.9%
  • 50+ units7263.3%
  • Mobile1,0514.8%
TypeUnitsShare
1-unit detached15,27470.2%
1-unit attached1,1575.3%
2 units (duplex)6683.1%
3–4 units5052.3%
5–9 units9334.3%
10–19 units8193.8%
20–49 units6142.8%
50+ units7263.3%
Mobile1,0514.8%

2–4 unit share 5.4% · 5–49 unit share 10.9% · combined 2–49 16.3%.

Units by bedrooms

Studio
176
1BR
751
2BR
4,013
3BR
10,743
4BR
5,499
5+
586

Rent burden

Rent ≥30% of income55.3%
Rent ≥50% of income27.6%
  • ACS median gross rent $1,399 (all bedrooms, occupied rentals).
  • Median contract rent $1,276.
  • Renters paying ≥30% of income 55.3%; ≥50% 27.6%.
  • FY2027 2BR SAFMR $1,640 (1.172× ACS median gross rent).

Population

39,280 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +12.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 5 projects, 367 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 144 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 32034 14.9% of occupied households are renters; vacancy is 18.6%; ACS median gross rent is $1,399; population increased +12.5% between the 2018 and 2023 ACS vintages; the housing stock includes 1,173 units in 2–4-unit structures and 2,366 units in 5–49-unit structures; 5 LIHTC projects totaling 367 units; FY2027 2BR SAFMR is $1,640 versus ACS median gross rent of $1,399. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Florida research

ZIP 32034 is a Census / HUD profile for Jacksonville, FL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 32034 — Fernandina Beach, FL HUD Section 8 Payment Standards / SAFMR·Florida ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
32003Jacksonville, FL HUD Metro FMR Area13.3%$1,918$2,26032004Jacksonville, FL HUD Metro FMR Area——$2,09032006Jacksonville, FL HUD Metro FMR Area——$1,73032009Jacksonville, FL HUD Metro FMR Area12.7%$832$1,08032011Jacksonville, FL HUD Metro FMR Area14.3%$1,000$1,22032033Jacksonville, FL HUD Metro FMR Area10.3%$1,805$2,04032035Jacksonville, FL HUD Metro FMR Area——$1,61032041Jacksonville, FL HUD Metro FMR Area——$1,61032046Jacksonville, FL HUD Metro FMR Area22.5%$809$1,03032050Jacksonville, FL HUD Metro FMR Area——$1,73032065Jacksonville, FL HUD Metro FMR Area25.7%$1,675$1,97032067Jacksonville, FL HUD Metro FMR Area——$1,730

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Florida research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 32034?

ZIP 32034 (Jacksonville, FL HUD Metro FMR Area) has 39,280 residents, 17,718 households, a renter share of 14.9%, median household income of $97,756, and ACS 2023 median gross rent of $1,399. Vacancy is 18.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32034?

ACS counts 668 units in 2-unit buildings, 505 in 3–4 unit buildings, 933 in 5–9, 819 in 10–19, and 614 in 20–49. Combined 2–49 unit stock is 3,539 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32034?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,640. See the full schedule and 90–110% payment-standard band on the ZIP 32034 — Fernandina Beach, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32034 is Census / HUD research for Jacksonville, FL HUD Metro FMR Area. Jeff Crowe CRE does not list Florida property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.