Living in Punta Gorda, Florida

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

Punta Gorda has 20,278 residents with a median age of 66.3. The median household income is $85,779 (15% higher than the Florida median), the median home value is $518,100, the median rent is $1,410/month.

Punta Gorda at a glance

Population
20,278
Median age
66.3State: 42.6
Median household income
$85,779State: $74,568
Median home value
$518,100State: $359,000
Median rent
$1,410/moState: $1,669
Homeowners
81.7%
Bachelor's degree or higher
41.7%
Average commute
27 min

Is Punta Gorda a good place to live?

Pros: Median household income 15% higher than the Florida median; an average commute of 27 minutes; a poverty rate of 8.3%.

Cons: Home values 44% higher than the state median; unemployment of 5%.

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

Cost of living in Punta Gorda

Housing is the biggest part of the cost of living. In Punta Gorda the median home value is $518,100, 56% higher than the U.S. median. Renters pay a median of $1,410 per month, which is 37.1% of household income. Homeowners with a mortgage pay $2,758 a month in housing costs.

Median home value

Punta Gorda$518,100
Florida$359,000
United States$332,700

Median monthly rent

Punta Gorda$1,410
Florida$1,669
United States$1,413

Punta Gorda median household income

The median household income in Punta Gorda is $85,779 and the income per person is $58,036. 8.3% of residents live below the poverty line (Florida: 12.6%).

Median household income

Punta Gorda$85,779
Florida$74,568
United States$80,734

Housing in Punta Gorda: homes for sale and rent

Housing units
13,756
Owner-occupied
81.7%
Renter-occupied
18.3%
Vacant
25.6%Includes seasonal homes
Median year built
1994
Average household size
1.96

Punta Gorda demographics

Population
20,278
Median age
66.3
Under 18
8.2%
65 and older
53.6%
Households
10,235
Foreign-born
7.3%
Veterans
10.9%Adults 18+

Race and ethnicity

White88.7%
Hispanic or Latino2.3%
Black3.1%
Asian1.4%

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

Education in Punta Gorda

41.7% of adults 25 and older in Punta Gorda have a bachelor's degree or higher (Florida: 34.1%), and 18.9% have a graduate or professional degree.

Bachelor's degree or higher

Punta Gorda41.7%
Florida34.1%
United States35.7%

Jobs and commute in Punta Gorda

Unemployment rate
5%State: 4.8%
Average commute
27 minState: 28 min
Work from home
18.8%
Drive alone
70.8%
Public transit
0.1%
Walk to work
1.4%
Homes with broadband
94.3%

Punta Gorda vs nearby towns

TownPopulationMedian incomeHome valueRent
Punta Gorda20,278$85,779$518,100$1,410
Charlotte Park1,966$60,302$290,800$1,893
Solana948$32,484$186,600—
Charlotte Harbor4,239$40,406$183,300$1,316
Cleveland2,683$47,157$177,800$1,124
Port Charlotte66,133$63,844$269,900$1,553
Harbour Heights4,289$65,152$368,900$1,331
Burnt Store Marina2,157$93,250$430,100$2,393
Rotonda10,352$74,573$389,400$1,155

More for people moving to Punta Gorda

Punta Gorda ZIP code ›Weather and climate ›

Living in Punta Gorda: FAQ

What is the median household income in Punta Gorda, FL?

The median household income in Punta Gorda is $85,779, 15% 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 Punta Gorda?

The median home value in Punta Gorda is $518,100, compared with $359,000 in Florida.

How much is rent in Punta Gorda?

The median gross rent in Punta Gorda is $1,410 per month, about 37.1% of household income.

Is Punta Gorda, FL a good place to live?

Pluses: median household income 15% higher than the Florida median; an average commute of 27 minutes; a poverty rate of 8.3%. Minuses: home values 44% higher than the state median; unemployment of 5%.

What is the median age in Punta Gorda?

The median age in Punta Gorda is 66.3 years (Florida: 42.6).

How long is the commute in Punta Gorda?

The average commute to work in Punta Gorda is 27 minutes; 18.8% of workers work from home.

What is the unemployment rate in Punta Gorda?

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

How educated is Punta Gorda?

41.7% of adults in Punta Gorda 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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