Living in Wedgefield, Florida
Cost of living, income, home prices, rent and demographics of Wedgefield · Census data 2020–2024
Wedgefield has 8,851 residents with a median age of 41.7. The median household income is $120,156 (61% higher than the Florida median), the median home value is $456,400, the median rent is $3,072/month.
Wedgefield at a glance
- Population
- 8,851
- Median age
- 41.7State: 42.6
- Median household income
- $120,156State: $74,568
- Median home value
- $456,400State: $359,000
- Median rent
- $3,072/moState: $1,669
- Homeowners
- 89.6%
- Bachelor's degree or higher
- 43.3%
- Average commute
- 35 min
Is Wedgefield a good place to live?
Pros: Median household income 61% higher than the Florida median; unemployment of 2.5%; a poverty rate of 6%.
Cons: Home values 27% higher than the state median; an average commute of 35 minutes.
The weather is best in February–March and November–December.
Cost of living in Wedgefield
Housing is the biggest part of the cost of living. In Wedgefield the median home value is $456,400, 37% higher than the U.S. median. Renters pay a median of $3,072 per month, which is 30.7% of household income. Homeowners with a mortgage pay $2,138 a month in housing costs.
Wedgefield median household income
The median household income in Wedgefield is $120,156 and the income per person is $44,381. 6% of residents live below the poverty line (Florida: 12.6%).
Housing in Wedgefield: homes for sale and rent
- Housing units
- 2,915
- Owner-occupied
- 89.6%
- Renter-occupied
- 10.4%
- Vacant
- 2%Includes seasonal homes
- Median year built
- 2004
- Average household size
- 3.10
Wedgefield demographics
- Population
- 8,851
- Median age
- 41.7
- Under 18
- 22.9%
- 65 and older
- 15.9%
- Households
- 2,856
- Foreign-born
- 12.3%
- Veterans
- 11.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Wedgefield ›
Education in Wedgefield
43.3% of adults 25 and older in Wedgefield have a bachelor's degree or higher (Florida: 34.1%), and 13% have a graduate or professional degree.
Jobs and commute in Wedgefield
- Unemployment rate
- 2.5%State: 4.8%
- Average commute
- 35 minState: 28 min
- Work from home
- 28.3%
- Drive alone
- 63.3%
- Public transit
- 0%
- Walk to work
- 0.7%
- Homes with broadband
- 95.7%
Wedgefield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wedgefield | 8,851 | $120,156 | $456,400 | $3,072 |
| Bithlo | 10,486 | $92,441 | $377,500 | $1,388 |
| Alafaya | 92,449 | $100,950 | $425,500 | $1,999 |
| Christmas | 1,696 | $73,224 | $299,300 | — |
| Lake Mary Jane | 1,792 | $145,658 | $537,900 | — |
| University | 41,902 | $59,852 | $298,900 | $1,445 |
| Chuluota | 2,187 | $97,688 | $362,100 | $1,693 |
| Union Park | 10,615 | $70,000 | $324,800 | $1,473 |
| Rio Pinar | 4,985 | $99,881 | $389,500 | $2,488 |
More for people moving to Wedgefield
Wedgefield ZIP code ›Weather and climate ›Living in Wedgefield: FAQ
What is the median household income in Wedgefield, FL?
The median household income in Wedgefield is $120,156, 61% 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 Wedgefield?
The median home value in Wedgefield is $456,400, compared with $359,000 in Florida.
How much is rent in Wedgefield?
The median gross rent in Wedgefield is $3,072 per month, about 30.7% of household income.
Is Wedgefield, FL a good place to live?
Pluses: median household income 61% higher than the Florida median; unemployment of 2.5%; a poverty rate of 6%. Minuses: home values 27% higher than the state median; an average commute of 35 minutes.
What is the median age in Wedgefield?
The median age in Wedgefield is 41.7 years (Florida: 42.6).
How long is the commute in Wedgefield?
The average commute to work in Wedgefield is 35 minutes; 28.3% of workers work from home.
What is the unemployment rate in Wedgefield?
The unemployment rate in Wedgefield is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wedgefield?
43.3% of adults in Wedgefield 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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