Living in Oviedo, Florida
Cost of living, income, home prices, rent and demographics of Oviedo · Census data 2020–2024
Oviedo has 40,599 residents with a median age of 37.6. The median household income is $117,070 (57% higher than the Florida median), the median home value is $454,000, the median rent is $1,955/month.
Oviedo at a glance
- Population
- 40,599
- Median age
- 37.6State: 42.6
- Median household income
- $117,070State: $74,568
- Median home value
- $454,000State: $359,000
- Median rent
- $1,955/moState: $1,669
- Homeowners
- 76.7%
- Bachelor's degree or higher
- 55.5%
- Average commute
- 27 min
Is Oviedo a good place to live?
Pros: Median household income 57% higher than the Florida median; an average commute of 27 minutes; a poverty rate of 5.3%.
Cons: Home values 26% higher than the state median; unemployment of 5.3%.
The weather is best in February–March and November–December.
Cost of living in Oviedo
Housing is the biggest part of the cost of living. In Oviedo the median home value is $454,000, 36% higher than the U.S. median. Renters pay a median of $1,955 per month, which is 33.9% of household income. Homeowners with a mortgage pay $2,424 a month in housing costs.
Oviedo median household income
The median household income in Oviedo is $117,070 and the income per person is $47,962. 5.3% of residents live below the poverty line (Florida: 12.6%).
Housing in Oviedo: homes for sale and rent
- Housing units
- 14,191
- Owner-occupied
- 76.7%
- Renter-occupied
- 23.3%
- Vacant
- 4.5%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 2.99
Oviedo demographics
- Population
- 40,599
- Median age
- 37.6
- Under 18
- 25.5%
- 65 and older
- 11.1%
- Households
- 13,550
- Foreign-born
- 16.1%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Oviedo ›
Education in Oviedo
55.5% of adults 25 and older in Oviedo have a bachelor's degree or higher (Florida: 34.1%), and 19.4% have a graduate or professional degree.
Jobs and commute in Oviedo
- Unemployment rate
- 5.3%State: 4.8%
- Average commute
- 27 minState: 28 min
- Work from home
- 27%
- Drive alone
- 62.9%
- Public transit
- 0%
- Walk to work
- 0.5%
- Homes with broadband
- 97.2%
Oviedo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oviedo | 40,599 | $117,070 | $454,000 | $1,955 |
| Black Hammock | 1,290 | $51,563 | $297,400 | — |
| Chuluota | 2,187 | $97,688 | $362,100 | $1,693 |
| University | 41,902 | $59,852 | $298,900 | $1,445 |
| Winter Springs | 38,951 | $92,574 | $378,700 | $1,867 |
| Geneva | 3,441 | $132,981 | $520,400 | — |
| Goldenrod | 12,878 | $67,563 | $358,700 | $1,734 |
| Union Park | 10,615 | $70,000 | $324,800 | $1,473 |
| Bithlo | 10,486 | $92,441 | $377,500 | $1,388 |
More for people moving to Oviedo
Oviedo ZIP code ›Weather and climate ›Living in Oviedo: FAQ
What is the median household income in Oviedo, FL?
The median household income in Oviedo is $117,070, 57% 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 Oviedo?
The median home value in Oviedo is $454,000, compared with $359,000 in Florida.
How much is rent in Oviedo?
The median gross rent in Oviedo is $1,955 per month, about 33.9% of household income.
Is Oviedo, FL a good place to live?
Pluses: median household income 57% higher than the Florida median; an average commute of 27 minutes; a poverty rate of 5.3%. Minuses: home values 26% higher than the state median; unemployment of 5.3%.
What is the median age in Oviedo?
The median age in Oviedo is 37.6 years (Florida: 42.6).
How long is the commute in Oviedo?
The average commute to work in Oviedo is 27 minutes; 27% of workers work from home.
What is the unemployment rate in Oviedo?
The unemployment rate in Oviedo is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oviedo?
55.5% of adults in Oviedo 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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