Living in Polk City, Florida
Cost of living, income, home prices, rent and demographics of Polk City · Census data 2020–2024
Polk City has 2,974 residents with a median age of 42. The median household income is $79,762 (7% higher than the Florida median), the median home value is $293,900, the median rent is $1,111/month.
Polk City at a glance
- Population
- 2,974
- Median age
- 42State: 42.6
- Median household income
- $79,762State: $74,568
- Median home value
- $293,900State: $359,000
- Median rent
- $1,111/moState: $1,669
- Homeowners
- 83.4%
- Bachelor's degree or higher
- 22.5%
- Average commute
- 32 min
Is Polk City a good place to live?
Pros: Median household income 7% higher than the Florida median; home values 18% lower than the state median; unemployment of 3.1%; a poverty rate of 12.2%.
Cons: An average commute of 32 minutes.
The weather is best in February–March and November–December.
Cost of living in Polk City
Housing is the biggest part of the cost of living. In Polk City the median home value is $293,900, 12% lower than the U.S. median. Renters pay a median of $1,111 per month, which is 36.9% of household income. Homeowners with a mortgage pay $1,830 a month in housing costs.
Polk City median household income
The median household income in Polk City is $79,762 and the income per person is $32,767. 12.2% of residents live below the poverty line (Florida: 12.6%).
Housing in Polk City: homes for sale and rent
- Housing units
- 1,110
- Owner-occupied
- 83.4%
- Renter-occupied
- 16.6%
- Vacant
- 4%Includes seasonal homes
- Median year built
- 2007
- Average household size
- 2.79
Polk City demographics
- Population
- 2,974
- Median age
- 42
- Under 18
- 19.4%
- 65 and older
- 20.1%
- Households
- 1,066
- Foreign-born
- 16.6%
- Veterans
- 7.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Polk City ›
Education in Polk City
22.5% of adults 25 and older in Polk City have a bachelor's degree or higher (Florida: 34.1%), and 7.4% have a graduate or professional degree.
Jobs and commute in Polk City
- Unemployment rate
- 3.1%State: 4.8%
- Average commute
- 32 minState: 28 min
- Work from home
- 13.7%
- Drive alone
- 75.4%
- Public transit
- 0.3%
- Walk to work
- 1.3%
- Homes with broadband
- 97%
Polk City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Polk City | 2,974 | $79,762 | $293,900 | $1,111 |
| Auburndale | 18,530 | $77,911 | $296,200 | $1,208 |
| Lake Alfred | 7,277 | $67,202 | $239,900 | $1,349 |
| Fussels Corner | 5,682 | $56,091 | $92,100 | $937 |
| Combee Settlement | 5,242 | $40,384 | $195,900 | $1,130 |
| Inwood | 7,556 | $55,540 | $142,300 | $1,230 |
| Crystal Lake | 5,451 | $49,424 | $205,600 | $1,181 |
| Winter Haven | 55,200 | $59,648 | $269,800 | $1,246 |
| Lakeland | 119,961 | $64,185 | $249,400 | $1,395 |
More for people moving to Polk City
Polk City ZIP code ›Weather and climate ›Living in Polk City: FAQ
What is the median household income in Polk City, FL?
The median household income in Polk City is $79,762, 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 Polk City?
The median home value in Polk City is $293,900, compared with $359,000 in Florida.
How much is rent in Polk City?
The median gross rent in Polk City is $1,111 per month, about 36.9% of household income.
Is Polk City, FL a good place to live?
Pluses: median household income 7% higher than the Florida median; home values 18% lower than the state median; unemployment of 3.1%; a poverty rate of 12.2%. Minuses: an average commute of 32 minutes.
What is the median age in Polk City?
The median age in Polk City is 42 years (Florida: 42.6).
How long is the commute in Polk City?
The average commute to work in Polk City is 32 minutes; 13.7% of workers work from home.
What is the unemployment rate in Polk City?
The unemployment rate in Polk City is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Polk City?
22.5% of adults in Polk City 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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