Living in Pace, Florida
Cost of living, income, home prices, rent and demographics of Pace · Census data 2020–2024
Pace has 26,282 residents with a median age of 37.7. The median household income is $80,701 (8% higher than the Florida median), the median home value is $293,800, the median rent is $1,282/month.
Pace at a glance
- Population
- 26,282
- Median age
- 37.7State: 42.6
- Median household income
- $80,701State: $74,568
- Median home value
- $293,800State: $359,000
- Median rent
- $1,282/moState: $1,669
- Homeowners
- 83%
- Bachelor's degree or higher
- 31.3%
- Average commute
- 29 min
Is Pace a good place to live?
Pros: Median household income 8% higher than the Florida median; home values 18% lower than the state median; a poverty rate of 12.2%.
Cons: An average commute of 29 minutes; unemployment of 5.5%.
The weather is best in March–April and October–November.
Cost of living in Pace
Housing is the biggest part of the cost of living. In Pace the median home value is $293,800, 12% lower than the U.S. median. Renters pay a median of $1,282 per month, which is 28.7% of household income. Homeowners with a mortgage pay $1,751 a month in housing costs.
Pace median household income
The median household income in Pace is $80,701 and the income per person is $40,074. 12.2% of residents live below the poverty line (Florida: 12.6%).
Housing in Pace: homes for sale and rent
- Housing units
- 9,695
- Owner-occupied
- 83%
- Renter-occupied
- 17%
- Vacant
- 3.8%Includes seasonal homes
- Median year built
- 1996
- Average household size
- 2.81
Pace demographics
- Population
- 26,282
- Median age
- 37.7
- Under 18
- 25.3%
- 65 and older
- 19.3%
- Households
- 9,328
- Foreign-born
- 4%
- Veterans
- 15.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Pace ›
Education in Pace
31.3% of adults 25 and older in Pace have a bachelor's degree or higher (Florida: 34.1%), and 12.3% have a graduate or professional degree.
Jobs and commute in Pace
- Unemployment rate
- 5.5%State: 4.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 13%
- Drive alone
- 77.9%
- Public transit
- 0%
- Walk to work
- 0.9%
- Homes with broadband
- 95.3%
Pace vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Pace | 26,282 | $80,701 | $293,800 | $1,282 |
| Pea Ridge | 3,560 | $59,628 | $220,800 | $1,252 |
| Wallace | 4,202 | $116,496 | $400,700 | $1,411 |
| Mulat | 307 | $151,042 | $415,700 | — |
| Avalon | 886 | $88,125 | $280,600 | $1,679 |
| Ferry Pass | 30,053 | $61,689 | $260,100 | $1,383 |
| Milton | 10,733 | $76,301 | $233,100 | $1,455 |
| Bagdad | 4,466 | $82,034 | $227,900 | $945 |
| Gonzalez | 14,458 | $82,062 | $278,300 | $1,250 |
More for people moving to Pace
Pace ZIP code ›Weather and climate ›Living in Pace: FAQ
What is the median household income in Pace, FL?
The median household income in Pace is $80,701, 8% 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 Pace?
The median home value in Pace is $293,800, compared with $359,000 in Florida.
How much is rent in Pace?
The median gross rent in Pace is $1,282 per month, about 28.7% of household income.
Is Pace, FL a good place to live?
Pluses: median household income 8% higher than the Florida median; home values 18% lower than the state median; a poverty rate of 12.2%. Minuses: an average commute of 29 minutes; unemployment of 5.5%.
What is the median age in Pace?
The median age in Pace is 37.7 years (Florida: 42.6).
How long is the commute in Pace?
The average commute to work in Pace is 29 minutes; 13% of workers work from home.
What is the unemployment rate in Pace?
The unemployment rate in Pace is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Pace?
31.3% of adults in Pace 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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