Living in Graceville, Florida

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

Graceville has 2,483 residents with a median age of 37.1. The median household income is $41,641 (44% lower than the Florida median), the median home value is $120,600, the median rent is $863/month.

Graceville at a glance

Population
2,483
Median age
37.1State: 42.6
Median household income
$41,641State: $74,568
Median home value
$120,600State: $359,000
Median rent
$863/moState: $1,669
Homeowners
56.4%
Bachelor's degree or higher
21.8%
Average commute
22 min

Is Graceville a good place to live?

Pros: Home values 66% lower than the state median; an average commute of 22 minutes; unemployment of 0.7%.

Cons: Median household income 44% lower than the Florida median; a poverty rate of 21.8%.

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

Cost of living in Graceville

Housing is the biggest part of the cost of living. In Graceville the median home value is $120,600, 64% lower than the U.S. median. Renters pay a median of $863 per month, which is 29% of household income. Homeowners with a mortgage pay $1,039 a month in housing costs.

Median home value

Graceville$120,600
Florida$359,000
United States$332,700

Median monthly rent

Graceville$863
Florida$1,669
United States$1,413

Graceville median household income

The median household income in Graceville is $41,641 and the income per person is $21,422. 21.8% of residents live below the poverty line (Florida: 12.6%).

Median household income

Graceville$41,641
Florida$74,568
United States$80,734

Housing in Graceville: homes for sale and rent

Housing units
945
Owner-occupied
56.4%
Renter-occupied
43.6%
Vacant
13%Includes seasonal homes
Median year built
1974
Average household size
2.20

Graceville demographics

Population
2,483
Median age
37.1
Under 18
13.1%
65 and older
22.6%
Households
822
Foreign-born
0.6%
Veterans
5.6%Adults 18+

Race and ethnicity

White72.5%
Hispanic or Latino2%
Black23.5%
Asian0.3%

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

Education in Graceville

21.8% of adults 25 and older in Graceville have a bachelor's degree or higher (Florida: 34.1%), and 8.6% have a graduate or professional degree.

Bachelor's degree or higher

Graceville21.8%
Florida34.1%
United States35.7%

Jobs and commute in Graceville

Unemployment rate
0.7%State: 4.8%
Average commute
22 minState: 28 min
Work from home
11.3%
Drive alone
70.2%
Public transit
0.8%
Walk to work
8.9%
Homes with broadband
90.5%

Graceville vs nearby towns

TownPopulationMedian incomeHome valueRent
Graceville2,483$41,641$120,600$863
Noma237$45,972$48,800$650
Campbellton217$50,208$77,100$1,125
Jacob City230$37,917$62,500$798
Esto375$45,313$87,500$950
Madrid220$39,750$122,500$1,000
Slocomb1,952$38,056$109,100$773
Rehobeth1,887$80,972$242,900$976
Malvern1,913$43,854$129,400$906

More for people moving to Graceville

Graceville ZIP code ›Weather and climate ›

Living in Graceville: FAQ

What is the median household income in Graceville, FL?

The median household income in Graceville is $41,641, 44% 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 Graceville?

The median home value in Graceville is $120,600, compared with $359,000 in Florida.

How much is rent in Graceville?

The median gross rent in Graceville is $863 per month, about 29% of household income.

Is Graceville, FL a good place to live?

Pluses: home values 66% lower than the state median; an average commute of 22 minutes; unemployment of 0.7%. Minuses: median household income 44% lower than the Florida median; a poverty rate of 21.8%.

What is the median age in Graceville?

The median age in Graceville is 37.1 years (Florida: 42.6).

How long is the commute in Graceville?

The average commute to work in Graceville is 22 minutes; 11.3% of workers work from home.

What is the unemployment rate in Graceville?

The unemployment rate in Graceville is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Graceville?

21.8% of adults in Graceville 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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