Living in Cortez, Florida

Cost of living, income, home prices, rent and demographics of Cortez · Census data 2020–2024

Cortez has 5,205 residents with a median age of 65.3. The median household income is $79,895 (7% higher than the Florida median), the median home value is $392,200, the median rent is $1,894/month.

Cortez at a glance

Population
5,205
Median age
65.3State: 42.6
Median household income
$79,895State: $74,568
Median home value
$392,200State: $359,000
Median rent
$1,894/moState: $1,669
Homeowners
87.1%
Bachelor's degree or higher
46.7%
Average commute
33 min

Is Cortez a good place to live?

Pros: Median household income 7% higher than the Florida median; a poverty rate of 10.5%.

Cons: Home values 9% higher than the state median; an average commute of 33 minutes; unemployment of 11%.

The weather is best in February–March and November–December.

Cost of living in Cortez

Housing is the biggest part of the cost of living. In Cortez the median home value is $392,200, 18% higher than the U.S. median. Renters pay a median of $1,894 per month, which is 23.6% of household income. Homeowners with a mortgage pay $2,487 a month in housing costs.

Median home value

Cortez$392,200
Florida$359,000
United States$332,700

Median monthly rent

Cortez$1,894
Florida$1,669
United States$1,413

Cortez median household income

The median household income in Cortez is $79,895 and the income per person is $52,143. 10.5% of residents live below the poverty line (Florida: 12.6%).

Median household income

Cortez$79,895
Florida$74,568
United States$80,734

Housing in Cortez: homes for sale and rent

Housing units
4,073
Owner-occupied
87.1%
Renter-occupied
12.9%
Vacant
38.2%Includes seasonal homes
Median year built
1975
Average household size
2.05

38.2% of homes are vacant most of the year, a sign that Cortez has many vacation and second homes.

Cortez demographics

Population
5,205
Median age
65.3
Under 18
8.9%
65 and older
50.7%
Households
2,517
Foreign-born
5.8%
Veterans
15.3%Adults 18+

Race and ethnicity

White93.3%
Hispanic or Latino3.5%
Black1.3%
Asian0%

Hispanic or Latino can be of any race. Population history of Cortez ›

Education in Cortez

46.7% of adults 25 and older in Cortez have a bachelor's degree or higher (Florida: 34.1%), and 13% have a graduate or professional degree.

Bachelor's degree or higher

Cortez46.7%
Florida34.1%
United States35.7%

Jobs and commute in Cortez

Unemployment rate
11%State: 4.8%
Average commute
33 minState: 28 min
Work from home
15.1%
Drive alone
72.8%
Public transit
0%
Walk to work
4%
Homes with broadband
87.4%

Cortez vs nearby towns

TownPopulationMedian incomeHome valueRent
Cortez5,205$79,895$392,200$1,894
Bradenton Beach733$73,125$489,000$1,438
West Bradenton3,991$116,272$425,100$1,858
Holmes Beach3,047$88,333$681,000$1,771
Longboat Key7,539$158,030$1,022,100$3,501
South Bradenton25,990$48,315$167,200$1,244
Bradenton57,014$60,822$309,400$1,618
Anna Maria765$103,703$1,358,700—
Bayshore Gardens18,131$44,958$181,400$1,506

More for people moving to Cortez

Cortez ZIP code ›Weather and climate ›

Living in Cortez: FAQ

What is the median household income in Cortez, FL?

The median household income in Cortez is $79,895, 7% higher 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 Cortez?

The median home value in Cortez is $392,200, compared with $359,000 in Florida.

How much is rent in Cortez?

The median gross rent in Cortez is $1,894 per month, about 23.6% of household income.

Is Cortez, FL a good place to live?

Pluses: median household income 7% higher than the Florida median; a poverty rate of 10.5%. Minuses: home values 9% higher than the state median; an average commute of 33 minutes; unemployment of 11%.

What is the median age in Cortez?

The median age in Cortez is 65.3 years (Florida: 42.6).

How long is the commute in Cortez?

The average commute to work in Cortez is 33 minutes; 15.1% of workers work from home.

What is the unemployment rate in Cortez?

The unemployment rate in Cortez is 11% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cortez?

46.7% of adults in Cortez 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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