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Alva, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,389
Population
$85,919
Median Income
$375,600
Home Value
53.0
Median Age

Demographics

Alva has a population of 3,389 with a median age of 53.0. Here is the racial and ethnic breakdown of the population:

White
84.0%
Hispanic
14.0%
Asian
4.9%
Demographic Value
Total Population3,389
Median Age53.0
White84.0%
Asian4.9%
Hispanic or Latino14.0%
Alva, Florida — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 103.White: 81.6%Hispanic/Latino: 13.6%Asian: 4.8%3,389PopulationWhiteWhite81.6%Hispanic/LatinoHispanic/Latino13.6%AsianAsian4.8%

Income & Economy

The median household income in Alva is $85,919, which is 6.6% above the national median of $80,610. The per capita income is $40,582. The poverty rate is 5.4%.

$85,919
Median Household Income
$40,582
Per Capita Income
5.4%
Poverty Rate

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Education

In Alva, 91.1% of residents age 25+ have a high school diploma or higher, and 26.5% hold a bachelor's degree or higher (7.3% with a graduate or professional degree).

HS Diploma+
91.1%
Bachelor's+
26.5%
Graduate+
7.3%
Education Level % of Adults (25+)
High School Diploma or Higher91.1%
Bachelor's Degree or Higher26.5%
Graduate or Professional Degree7.3%

Housing

The median home value in Alva is $375,600, above the national median of $303,400. The median monthly rent is $1,778. The homeownership rate is 93.7%.

$375,600
Median Home Value
$1,778/mo
Median Rent
93.7%
Homeownership Rate
Housing Metric Value
Median Home Value$375,600
Median Monthly Rent$1,778
Homeownership Rate93.7%
Vacancy Rate5.8%

Salaries in Florida

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Frequently Asked Questions

What is the population of Alva, Florida?
The population of Alva, Florida is 3,389 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Alva, Florida?
The median household income in Alva, Florida is $85,919. This is 6.6% above the national median of $80,610.
What is the median home value in Alva, Florida?
The median home value in Alva, Florida is $375,600. The median monthly rent is $1,778.
What percentage of people in Alva have a college degree?
In Alva, Florida, 26.5% of adults age 25 and older hold a bachelor's degree or higher, and 91.1% have a high school diploma or higher.
Is Alva, Florida an affordable place to live?
The home price-to-income ratio in Alva, Florida is 4.4x (median home value $375,600 vs. median income $85,919), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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