Living in Babson Park, Florida
Cost of living, income, home prices, rent and demographics of Babson Park · Census data 2020–2024
Babson Park has 1,093 residents with a median age of 32.7. The median household income is $48,177 (35% lower than the Florida median), the median home value is $211,100.
Babson Park is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Babson Park at a glance
- Population
- 1,093
- Median age
- 32.7State: 42.6
- Median household income
- $48,177State: $74,568
- Median home value
- $211,100State: $359,000
- Homeowners
- 95.8%
- Bachelor's degree or higher
- 5.6%
- Average commute
- 25 min
Is Babson Park a good place to live?
Pros: Home values 41% lower than the state median; an average commute of 25 minutes.
Cons: Median household income 35% lower than the Florida median; a poverty rate of 14.4%.
The weather is best in November to February.
Cost of living in Babson Park
Housing is the biggest part of the cost of living. In Babson Park the median home value is $211,100, 37% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,110 a month in housing costs.
Babson Park median household income
The median household income in Babson Park is $48,177 and the income per person is $23,393. 14.4% of residents live below the poverty line (Florida: 12.6%).
Housing in Babson Park: homes for sale and rent
- Housing units
- 478
- Owner-occupied
- 95.8%
- Renter-occupied
- 4.2%
- Vacant
- 34.7%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.31
34.7% of homes are vacant most of the year, a sign that Babson Park has many vacation and second homes.
Babson Park demographics
- Population
- 1,093
- Median age
- 32.7
- Under 18
- 9.2%
- 65 and older
- 7.7%
- Households
- 312
- Foreign-born
- 12%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Babson Park ›
Education in Babson Park
5.6% of adults 25 and older in Babson Park have a bachelor's degree or higher (Florida: 34.1%), and 0% have a graduate or professional degree.
Jobs and commute in Babson Park
- Unemployment rate
- 0%State: 4.8%
- Average commute
- 25 minState: 28 min
- Work from home
- 2.6%
- Drive alone
- 75.1%
- Public transit
- 0%
- Walk to work
- 9.9%
- Homes with broadband
- 79.8%
Babson Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Babson Park | 1,093 | $48,177 | $211,100 | — |
| Hillcrest Heights | 377 | $118,125 | $270,000 | — |
| Highland Park | 282 | $93,750 | $374,100 | — |
| Crooked Lake Park | 2,641 | $60,395 | $198,000 | $1,666 |
| Frostproof | 3,346 | $42,000 | $150,500 | $697 |
| Lake Wales | 16,785 | $56,347 | $239,300 | $1,110 |
| Alturas | 4,581 | $70,231 | $165,800 | $1,017 |
| Indian Lake Estates | 984 | $69,007 | $233,100 | — |
| Dundee | 5,863 | $48,668 | $247,800 | $1,628 |
More for people moving to Babson Park
Babson Park ZIP code ›Weather and climate ›Living in Babson Park: FAQ
What is the median household income in Babson Park, FL?
The median household income in Babson Park is $48,177, 35% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Babson Park?
The median home value in Babson Park is $211,100, compared with $359,000 in Florida.
Is Babson Park, FL a good place to live?
Pluses: home values 41% lower than the state median; an average commute of 25 minutes. Minuses: median household income 35% lower than the Florida median; a poverty rate of 14.4%.
What is the median age in Babson Park?
The median age in Babson Park is 32.7 years (Florida: 42.6).
How long is the commute in Babson Park?
The average commute to work in Babson Park is 25 minutes; 2.6% of workers work from home.
What is the unemployment rate in Babson Park?
The unemployment rate in Babson Park is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Babson Park?
5.6% of adults in Babson Park have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: