Living in Bonifay, Florida
Cost of living, income, home prices, rent and demographics of Bonifay · Census data 2020–2024
Bonifay has 2,797 residents with a median age of 41.9. The median household income is $40,896 (45% lower than the Florida median), the median home value is $142,100, the median rent is $868/month.
Bonifay at a glance
- Population
- 2,797
- Median age
- 41.9State: 42.6
- Median household income
- $40,896State: $74,568
- Median home value
- $142,100State: $359,000
- Median rent
- $868/moState: $1,669
- Homeowners
- 54.4%
- Bachelor's degree or higher
- 13.2%
- Average commute
- 31 min
Is Bonifay a good place to live?
Pros: Home values 60% lower than the state median; unemployment of 4.4%.
Cons: Median household income 45% lower than the Florida median; an average commute of 31 minutes; a poverty rate of 22.1%.
The weather is best in March–April and October–November.
Cost of living in Bonifay
Housing is the biggest part of the cost of living. In Bonifay the median home value is $142,100, 57% lower than the U.S. median. Renters pay a median of $868 per month, which is 44.2% of household income. Homeowners with a mortgage pay $1,300 a month in housing costs.
Bonifay median household income
The median household income in Bonifay is $40,896 and the income per person is $21,987. 22.1% of residents live below the poverty line (Florida: 12.6%).
Housing in Bonifay: homes for sale and rent
- Housing units
- 1,464
- Owner-occupied
- 54.4%
- Renter-occupied
- 45.6%
- Vacant
- 19%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.17
Bonifay demographics
- Population
- 2,797
- Median age
- 41.9
- Under 18
- 21.2%
- 65 and older
- 34.3%
- Households
- 1,186
- Foreign-born
- 5.3%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Bonifay ›
Education in Bonifay
13.2% of adults 25 and older in Bonifay have a bachelor's degree or higher (Florida: 34.1%), and 4.9% have a graduate or professional degree.
Jobs and commute in Bonifay
- Unemployment rate
- 4.4%State: 4.8%
- Average commute
- 31 minState: 28 min
- Work from home
- 2.4%
- Drive alone
- 91.3%
- Public transit
- 0%
- Walk to work
- 3.1%
- Homes with broadband
- 85.3%
Bonifay vs nearby towns
More for people moving to Bonifay
Bonifay ZIP code ›Weather and climate ›Living in Bonifay: FAQ
What is the median household income in Bonifay, FL?
The median household income in Bonifay is $40,896, 45% 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 Bonifay?
The median home value in Bonifay is $142,100, compared with $359,000 in Florida.
How much is rent in Bonifay?
The median gross rent in Bonifay is $868 per month, about 44.2% of household income.
Is Bonifay, FL a good place to live?
Pluses: home values 60% lower than the state median; unemployment of 4.4%. Minuses: median household income 45% lower than the Florida median; an average commute of 31 minutes; a poverty rate of 22.1%.
What is the median age in Bonifay?
The median age in Bonifay is 41.9 years (Florida: 42.6).
How long is the commute in Bonifay?
The average commute to work in Bonifay is 31 minutes; 2.4% of workers work from home.
What is the unemployment rate in Bonifay?
The unemployment rate in Bonifay is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bonifay?
13.2% of adults in Bonifay 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.
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