Living in Freeport, Florida

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

Freeport has 6,689 residents with a median age of 36.9. The median household income is $91,985 (23% higher than the Florida median), the median home value is $407,800, the median rent is $1,859/month.

Freeport at a glance

Population
6,689
Median age
36.9State: 42.6
Median household income
$91,985State: $74,568
Median home value
$407,800State: $359,000
Median rent
$1,859/moState: $1,669
Homeowners
71.8%
Bachelor's degree or higher
32.7%
Average commute
37 min

Is Freeport a good place to live?

Pros: Median household income 23% higher than the Florida median; unemployment of 3%; a poverty rate of 7.4%.

Cons: Home values 14% higher than the state median; an average commute of 37 minutes.

The weather is best in March–April and October–November.

Cost of living in Freeport

Housing is the biggest part of the cost of living. In Freeport the median home value is $407,800, 23% higher than the U.S. median. Renters pay a median of $1,859 per month, which is 30.4% of household income. Homeowners with a mortgage pay $2,071 a month in housing costs.

Median home value

Freeport$407,800
Florida$359,000
United States$332,700

Median monthly rent

Freeport$1,859
Florida$1,669
United States$1,413

Freeport median household income

The median household income in Freeport is $91,985 and the income per person is $39,915. 7.4% of residents live below the poverty line (Florida: 12.6%).

Median household income

Freeport$91,985
Florida$74,568
United States$80,734

Housing in Freeport: homes for sale and rent

Housing units
2,719
Owner-occupied
71.8%
Renter-occupied
28.2%
Vacant
6.8%Includes seasonal homes
Median year built
2014
Average household size
2.64

Freeport demographics

Population
6,689
Median age
36.9
Under 18
28.2%
65 and older
12.3%
Households
2,534
Foreign-born
12.1%
Veterans
11.9%Adults 18+

Race and ethnicity

White79.2%
Hispanic or Latino17.1%
Black1.4%
Asian0.7%

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

Education in Freeport

32.7% of adults 25 and older in Freeport have a bachelor's degree or higher (Florida: 34.1%), and 8.4% have a graduate or professional degree.

Bachelor's degree or higher

Freeport32.7%
Florida34.1%
United States35.7%

Jobs and commute in Freeport

Unemployment rate
3%State: 4.8%
Average commute
37 minState: 28 min
Work from home
17.5%
Drive alone
60.4%
Public transit
0%
Walk to work
2.7%
Homes with broadband
96.4%

Freeport vs nearby towns

TownPopulationMedian incomeHome valueRent
Freeport6,689$91,985$407,800$1,859
DeFuniak Springs6,532$54,512$201,400$1,024
Miramar Beach8,902$103,250$733,000$2,250
Ebro229$78,036$191,700$967
Ponce de Leon780$77,798$123,800—
Laguna Beach3,830$76,607$438,100$1,266
Niceville16,544$102,409$423,500$1,749
Destin14,077$89,011$490,300$1,936
Valparaiso4,885$90,110$394,700$1,366

More for people moving to Freeport

Freeport ZIP code ›Weather and climate ›

Living in Freeport: FAQ

What is the median household income in Freeport, FL?

The median household income in Freeport is $91,985, 23% 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 Freeport?

The median home value in Freeport is $407,800, compared with $359,000 in Florida.

How much is rent in Freeport?

The median gross rent in Freeport is $1,859 per month, about 30.4% of household income.

Is Freeport, FL a good place to live?

Pluses: median household income 23% higher than the Florida median; unemployment of 3%; a poverty rate of 7.4%. Minuses: home values 14% higher than the state median; an average commute of 37 minutes.

What is the median age in Freeport?

The median age in Freeport is 36.9 years (Florida: 42.6).

How long is the commute in Freeport?

The average commute to work in Freeport is 37 minutes; 17.5% of workers work from home.

What is the unemployment rate in Freeport?

The unemployment rate in Freeport is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Freeport?

32.7% of adults in Freeport 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: