Living in Waldo, Florida
Cost of living, income, home prices, rent and demographics of Waldo · Census data 2020–2024
Waldo has 1,303 residents with a median age of 47.5. The median household income is $29,894 (60% lower than the Florida median), the median home value is $113,600, the median rent is $745/month.
Waldo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Waldo at a glance
- Population
- 1,303
- Median age
- 47.5State: 42.6
- Median household income
- $29,894State: $74,568
- Median home value
- $113,600State: $359,000
- Median rent
- $745/moState: $1,669
- Homeowners
- 68.2%
- Bachelor's degree or higher
- 6.7%
- Average commute
- 24 min
Is Waldo a good place to live?
Pros: Home values 68% lower than the state median; an average commute of 24 minutes; unemployment of 4%.
Cons: Median household income 60% lower than the Florida median; a poverty rate of 28%.
The weather is best in March–April and October–November.
Cost of living in Waldo
Housing is the biggest part of the cost of living. In Waldo the median home value is $113,600, 66% lower than the U.S. median. Renters pay a median of $745 per month, which is 31.8% of household income. Homeowners with a mortgage pay $1,122 a month in housing costs.
Waldo median household income
The median household income in Waldo is $29,894 and the income per person is $22,874. 28% of residents live below the poverty line (Florida: 12.6%).
Housing in Waldo: homes for sale and rent
- Housing units
- 702
- Owner-occupied
- 68.2%
- Renter-occupied
- 31.8%
- Vacant
- 7.7%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.01
Waldo demographics
- Population
- 1,303
- Median age
- 47.5
- Under 18
- 23.9%
- 65 and older
- 16.8%
- Households
- 648
- Foreign-born
- 5.2%
- Veterans
- 9.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Waldo ›
Education in Waldo
6.7% of adults 25 and older in Waldo have a bachelor's degree or higher (Florida: 34.1%), and 1.1% have a graduate or professional degree.
Jobs and commute in Waldo
- Unemployment rate
- 4%State: 4.8%
- Average commute
- 24 minState: 28 min
- Work from home
- 6.2%
- Drive alone
- 87.7%
- Public transit
- 0%
- Walk to work
- 3.4%
- Homes with broadband
- 65%
Waldo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waldo | 1,303 | $29,894 | $113,600 | $745 |
| Hampton | 499 | $42,344 | $94,300 | $796 |
| Keystone Heights | 1,576 | $80,217 | $227,900 | $1,258 |
| Starke | 5,877 | $52,258 | $214,300 | $840 |
| Brooker | 223 | $71,875 | $198,200 | $1,025 |
| Gainesville | 145,702 | $46,195 | $247,500 | $1,296 |
| Hawthorne | 1,625 | $55,406 | $177,800 | $727 |
| Worthington Springs | 279 | $48,750 | $183,300 | $1,109 |
| Lawtey | 897 | $51,944 | $167,500 | $723 |
More for people moving to Waldo
Waldo ZIP code ›Weather and climate ›Living in Waldo: FAQ
What is the median household income in Waldo, FL?
The median household income in Waldo is $29,894, 60% lower 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 Waldo?
The median home value in Waldo is $113,600, compared with $359,000 in Florida.
How much is rent in Waldo?
The median gross rent in Waldo is $745 per month, about 31.8% of household income.
Is Waldo, FL a good place to live?
Pluses: home values 68% lower than the state median; an average commute of 24 minutes; unemployment of 4%. Minuses: median household income 60% lower than the Florida median; a poverty rate of 28%.
What is the median age in Waldo?
The median age in Waldo is 47.5 years (Florida: 42.6).
How long is the commute in Waldo?
The average commute to work in Waldo is 24 minutes; 6.2% of workers work from home.
What is the unemployment rate in Waldo?
The unemployment rate in Waldo is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waldo?
6.7% of adults in Waldo 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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