Living in Carrabelle, Florida
Cost of living, income, home prices, rent and demographics of Carrabelle · Census data 2020–2024
Carrabelle has 2,438 residents with a median age of 37.9. The median household income is $49,792 (33% lower than the Florida median), the median home value is $217,900, the median rent is $914/month.
Carrabelle at a glance
- Population
- 2,438
- Median age
- 37.9State: 42.6
- Median household income
- $49,792State: $74,568
- Median home value
- $217,900State: $359,000
- Median rent
- $914/moState: $1,669
- Homeowners
- 67.4%
- Bachelor's degree or higher
- 7.2%
- Average commute
- 24 min
Is Carrabelle a good place to live?
Pros: Home values 39% lower than the state median; an average commute of 24 minutes.
Cons: Median household income 33% lower than the Florida median; unemployment of 8.2%; a poverty rate of 21.6%.
The weather is best in March–April and October–November.
Cost of living in Carrabelle
Housing is the biggest part of the cost of living. In Carrabelle the median home value is $217,900, 35% lower than the U.S. median. Renters pay a median of $914 per month, which is 28.4% of household income. Homeowners with a mortgage pay $1,170 a month in housing costs.
Carrabelle median household income
The median household income in Carrabelle is $49,792 and the income per person is $10,936. 21.6% of residents live below the poverty line (Florida: 12.6%).
Housing in Carrabelle: homes for sale and rent
- Housing units
- 765
- Owner-occupied
- 67.4%
- Renter-occupied
- 32.6%
- Vacant
- 49.2%Includes seasonal homes
- Median year built
- 1992
- Average household size
- 2.38
49.2% of homes are vacant most of the year, a sign that Carrabelle has many vacation and second homes.
Carrabelle demographics
- Population
- 2,438
- Median age
- 37.9
- Under 18
- 6.2%
- 65 and older
- 9.4%
- Households
- 389
- Foreign-born
- 9.4%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Carrabelle ›
Education in Carrabelle
7.2% of adults 25 and older in Carrabelle have a bachelor's degree or higher (Florida: 34.1%), and 3.4% have a graduate or professional degree.
Jobs and commute in Carrabelle
- Unemployment rate
- 8.2%State: 4.8%
- Average commute
- 24 minState: 28 min
- Work from home
- 5.3%
- Drive alone
- 70.9%
- Public transit
- 0%
- Walk to work
- 1.2%
- Homes with broadband
- 69.2%
Carrabelle vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Carrabelle | 2,438 | $49,792 | $217,900 | $914 |
| Eastpoint | 3,163 | $68,258 | $201,000 | $941 |
| Sopchoppy | 496 | $54,643 | $250,000 | $1,097 |
| St. George Island | 1,133 | $137,899 | $693,000 | — |
| Panacea | 894 | $37,983 | $105,600 | $959 |
| Apalachicola | 2,431 | $51,875 | $288,000 | $1,108 |
| Crawfordville | 5,732 | $82,656 | $255,500 | $1,344 |
| St. Marks | 243 | $62,321 | $256,300 | — |
| Wewahitchka | 1,884 | $43,674 | $185,800 | $825 |
More for people moving to Carrabelle
Carrabelle ZIP code ›Weather and climate ›Living in Carrabelle: FAQ
What is the median household income in Carrabelle, FL?
The median household income in Carrabelle is $49,792, 33% 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 Carrabelle?
The median home value in Carrabelle is $217,900, compared with $359,000 in Florida.
How much is rent in Carrabelle?
The median gross rent in Carrabelle is $914 per month, about 28.4% of household income.
Is Carrabelle, FL a good place to live?
Pluses: home values 39% lower than the state median; an average commute of 24 minutes. Minuses: median household income 33% lower than the Florida median; unemployment of 8.2%; a poverty rate of 21.6%.
What is the median age in Carrabelle?
The median age in Carrabelle is 37.9 years (Florida: 42.6).
How long is the commute in Carrabelle?
The average commute to work in Carrabelle is 24 minutes; 5.3% of workers work from home.
What is the unemployment rate in Carrabelle?
The unemployment rate in Carrabelle is 8.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Carrabelle?
7.2% of adults in Carrabelle 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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