Living in Punta Rassa, Florida

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

Punta Rassa has 1,335 residents with a median age of 80.9. The median household income is $91,000 (22% higher than the Florida median), the median home value is $589,800, the median rent is $2,771/month.

Punta Rassa is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Punta Rassa at a glance

Population
1,335
Median age
80.9State: 42.6
Median household income
$91,000State: $74,568
Median home value
$589,800State: $359,000
Median rent
$2,771/moState: $1,669
Homeowners
36.1%
Bachelor's degree or higher
55.7%
Average commute
32 min

Is Punta Rassa a good place to live?

Pros: Median household income 22% higher than the Florida median; a poverty rate of 8.9%.

Cons: Home values 64% higher than the state median; an average commute of 32 minutes; unemployment of 8.3%.

The weather is best in November to February.

Cost of living in Punta Rassa

Housing is the biggest part of the cost of living. In Punta Rassa the median home value is $589,800, 77% higher than the U.S. median. Renters pay a median of $2,771 per month, which is 40.7% of household income. Homeowners with a mortgage pay $3,250 a month in housing costs.

Median home value

Punta Rassa$589,800
Florida$359,000
United States$332,700

Median monthly rent

Punta Rassa$2,771
Florida$1,669
United States$1,413

Punta Rassa median household income

The median household income in Punta Rassa is $91,000 and the income per person is $73,421. 8.9% of residents live below the poverty line (Florida: 12.6%).

Median household income

Punta Rassa$91,000
Florida$74,568
United States$80,734

Housing in Punta Rassa: homes for sale and rent

Housing units
1,418
Owner-occupied
36.1%
Renter-occupied
63.9%
Vacant
42%Includes seasonal homes
Median year built
1985
Average household size
1.53

42% of homes are vacant most of the year, a sign that Punta Rassa has many vacation and second homes.

Punta Rassa demographics

Population
1,335
Median age
80.9
Under 18
0.6%
65 and older
89.4%
Households
822
Foreign-born
4.9%
Veterans
14.2%Adults 18+

Race and ethnicity

White97.7%
Hispanic or Latino1.3%
Black0.4%
Asian0.5%

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

Education in Punta Rassa

55.7% of adults 25 and older in Punta Rassa have a bachelor's degree or higher (Florida: 34.1%), and 45% have a graduate or professional degree.

Bachelor's degree or higher

Punta Rassa55.7%
Florida34.1%
United States35.7%

Jobs and commute in Punta Rassa

Unemployment rate
8.3%State: 4.8%
Average commute
32 minState: 28 min
Work from home
35.4%
Drive alone
56.6%
Public transit
0%
Walk to work
8.1%
Homes with broadband
86%

Punta Rassa vs nearby towns

TownPopulationMedian incomeHome valueRent
Punta Rassa1,335$91,000$589,800$2,771
Iona13,631$66,827$322,800$1,913
Harlem Heights1,122$57,014$196,300$1,478
Cypress Lake13,032$62,590$258,900$1,756
McGregor8,490$104,788$467,600$1,762
Fort Myers Beach5,513$91,291$642,400$1,836
St. James City3,412$69,403$319,700$2,829
Sanibel6,418$108,644$957,300$811
Whiskey Creek5,371$104,476$379,600$1,814

More for people moving to Punta Rassa

Punta Rassa ZIP code ›Weather and climate ›

Living in Punta Rassa: FAQ

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

The median household income in Punta Rassa is $91,000, 22% 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 Rassa?

The median home value in Punta Rassa is $589,800, compared with $359,000 in Florida.

How much is rent in Punta Rassa?

The median gross rent in Punta Rassa is $2,771 per month, about 40.7% of household income.

Is Punta Rassa, FL a good place to live?

Pluses: median household income 22% higher than the Florida median; a poverty rate of 8.9%. Minuses: home values 64% higher than the state median; an average commute of 32 minutes; unemployment of 8.3%.

What is the median age in Punta Rassa?

The median age in Punta Rassa is 80.9 years (Florida: 42.6).

How long is the commute in Punta Rassa?

The average commute to work in Punta Rassa is 32 minutes; 35.4% of workers work from home.

What is the unemployment rate in Punta Rassa?

The unemployment rate in Punta Rassa is 8.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Punta Rassa?

55.7% of adults in Punta Rassa 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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