Homosassa Springs, FL has a median home value of $116,941, which is 40% below Palm Bay,FL and 58% above the national average of $280,600.Homosassa Springs, FL ’s median household income of $40,870 is $34% above the national average.
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Homosassa Springs, FL
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Palm Bay, FL
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Florida, USA
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Homosassa Springs, FL
Best for Schools
Near Downtown
Affordable
For Buying Home
Palm Bay, FL
Near College
Near Downtown
For Buying Home
Florida, USA
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Crime
Real Estate
Commute
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Crime
Crime
Overview
Median Home Value
$116,941
$195,531
$245,100
Median Rent
$1,200
$1,454
$1,238
School Rating
5
/10
-
9
/10
1
/10
-
10
/10
1
/10
-
10
/10
Internet Speed
100 mbps
120 mbps
120 mbps
Demographics
Homosassa Springs, FL has a population density of 13,477, which is 87% below Palm Bay, FL. The median age of 53 years is 24% above Palm Bay, FL and 28% above the national average.
Population
13,477
110,271
20,598,139
Median Age
54 Years
40 Years
42 Years
Age Distribution
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Baby Boomers (Age 50+)
56%
42%
43%
Gen X (Age 41-55)
9%
8%
9%
Millennials (Age 20-40)
18%
25%
25%
Gen Z (Age 0-19)
17%
25%
22%
Educational Attianment
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Master's degree
2%
7%
11%
Bachelor's degree
7%
13%
19%
Some college or associate's degree
37%
35%
30%
High school diploma or equivalent
41%
35%
29%
Less than high school diploma
13%
10%
11%
Race & Ethnicity
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White
94%
73%
75%
Asian
1%
2%
3%
Black
1%
19%
16%
Two or more races
4%
3%
3%
Other Races
1%
3%
3%
Community
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Single
24%
31%
32%
Married
50%
48%
49%
Divorced
10%
6%
7%
Widowed
16%
14%
13%
Employment
Homosassa Springs, FL has an unemployment rate of 12%, which is 50% below than the national unemployment rate of 5%. Palm Bay, FL has an unemployment rate of 7%, which is 15% below than the national unemployment rate of 5%.
Median Household Income
$40,870
$51,408
$55,660
Unemployment Rate
12%
7%
6%
Poverty Rate
17%
14%
15%
Income per capita
$20,839
$22,342
$30,197
Employment Industry
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Professional / Technical
3%
6%
7%
Healthcare
15%
16%
13%
Finance
2%
3%
5%
Education
7%
7%
8%
Manufacturing
3%
9%
5%
IT Services
2%
2%
2%
Accommodation
12%
9%
9%
Wholesale
1%
1%
3%
Public Services
5%
4%
4%
Arts
2%
2%
3%
Other
16%
16%
16%
Household Income
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Less Than $10000
8%
4%
6%
$10000 > $14999
9%
4%
4%
$15000 > $24999
15%
10%
9%
$25000 > $34999
10%
11%
10%
$35000 > $49999
18%
16%
13%
$50000 > $74999
18%
23%
18%
$75000 > $99999
7%
13%
12%
$100000 > $149999
9%
10%
13%
$150000 > $199999
2%
3%
5%
More Than $200000
2%
6%
Crime and Safety
Homosassa Springs, FL has a crime index 47 below the national average, while Palm Bay, FL has a crime index that is 80 below the national average.
Crime Index represents the risk of crime occurring in a area and is measured against national index of 100. If the Crime Index of an area is above 100 the crime in that area is relatively higher when compared to US.
If the Crime Index of an area is below 100 the crime in that area is lower when compared to US.
Total Crime Index
47
80
106
Chances of being a victim
47
80
106
Real Estate
The homeownership rate in Homosassa Springs, FL is 80%, which is 20% above the national average. The homeownership rate in Palm Bay, FL is 73%, which is 12% above the national average.
Median Home Value
$116,941
$195,531
$245,100
Median Rent
$1,200
$1,454
$1,238
Average Household Size
2
3
2
Property Tax
$584
$1,100
$1,914
Home Type
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Single-Family
39%
82%
54%
Townhomes
2%
6%
Small Apt. Buildings
4%
3%
6%
Apt. Complexes
1%
9%
24%
Mobile Homes
56%
4%
9%
Other
0%
0%
0%
Home Age
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2014 and Later
1%
3%
2010 to 2013
3%
1%
3%
2000 to 2009
19%
25%
19%
1990 to 1999
19%
17%
17%
1980 to 1989
36%
39%
20%
1970 to 1979
17%
12%
18%
1960 to 1969
4%
3%
9%
1950 to 1959
2%
1%
7%
1940 to 1949
2%
1939 and earlier
2%
Area Feel
Urban
Rural
Urabn
Home Rent by Bedroom
Hide
Condo
1 Bedroom
2 Bedroom
$1,185
3 Bedroom
$1,399
4 Bedroom
5 Bedroom or more
Home Value by Bedroom
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condo
$103,533
1 Bedroom
$82,406
2 Bedroom
$133,902
3 Bedroom
$184,072
4 Bedroom
$237,533
5 Bedroom or more
$310,940
Occupancy Type
Home Owners
Homosassa Springs
80%
Palm Bay
73%
Florida
66%
Home Renters
Homosassa Springs
20%
Palm Bay
27%
Florida
34%
0
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40
50
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80
90
100
Homosassa Springs, FL
Palm Bay, FL
Florida, USA
Cost of Living
Homosassa Springs, FL has a median home value of $116,941, which is 40% below Palm Bay,FL and 58% above the national average of $280,600.Homosassa Springs, FL ’s median household income of $40,870 is $34% above the national average.
National Cost of Living Index is 100 where if the Cost of
living is 90 its lower than US Average and if the Cost of
Living is 150 its higher than US Average
Cost of Living Index
312
258
212
Housing
301
201
200
Goods and Services
301
201
200
Schools
Homosassa Springs, FL has an average school rating of 6. Palm Bay, FL has an average school rating of 5. Homosassa Springs, FL has 23 total schools while Palm Bay, FL has 76 total schools
School Rating
5
/10
-
9
/10
1
/10
-
10
/10
1
/10
-
10
/10
Total Schools
23
76
Student Teacher Ratio
7:1
10:1
16:1
School Ratings
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High Schools
6
/10
-
8
/10
1
/10
-
10
/10
Middle Schools
5
/10
-
6
/10
1
/10
-
10
/10
Elementary Schools
5
/10
-
9
/10
1
/10
-
10
/10
Commute
Commute to city center(Drive)
Commute to Nearest Park
2 hr 34 mins
Biscayne Natl Pk
Commute to University
1 hr 31 mins
University Hosp
Commute to Nearest Park
2 hr 34 mins
Biscayne Natl Pk
Commute to city center(Public Transit)