33762, Clearwater, FL

The 33762 zip code of Clearwater, FL has a median home value of $213,000. The home equity in this zip code is $106,000. This means that the typical Clearwater resident has over 50% of their net worth invested in their home.

Clearwater is a coastal city located on Tampa Bay. It was founded in 1876 and became a city in 1921. The population of Clearwater was 204,313 as of the 2010 census. It is part of Pinellas County and has a humid subtropical climate with mild winters and hot summers.

The median household income in the 33762 zip code is $68,500 which is lower than the Florida statewide median household income of $70,739. However, Clearwater's unemployment rate is lower than the state average at 3%. In addition, there are more college graduates living in this zip code (30%) than there are residents who have not completed high school (25%).

Clearwater's housing market has been experiencing strong growth over the past few years due to an influx of young professionals and families who want to live close to all that Tampa Bay has to offer without having to deal with high prices found in other major cities such as Miami or New York City.

In addition, many people are moving into Clearwater because it offers great value for your money when compared to other areas within Pinellas County such as St Petersburg or Dunedin which can cost up to twice as much for similar sized homes.

There are many factors contributing to this strong housing market including low interest rates (4%), excellent schools for both children and adults (ranked #1 by Forbes), low crime rates (<200 crimes per 100k people), and an abundance of amenities such as restaurants, shopping malls, beaches and golf courses nearby.

Despite these positive factors however there may be some potential risks associated with buying or owning a home in Clearwater including possible price fluctuations due to global economic conditions or local events such as hurricanes or wildfires; limited inventory due to rapid growth; and higher taxes which can make owning a home more expensive than renting depending on your income level