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Babson Park, 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
1,093
Population
$48,177
Median Income
$211,100
Home Value
32.7
Median Age

Demographics

Babson Park has a population of 1,093 with a median age of 32.7. Here is the racial and ethnic breakdown of the population:

White
82.4%
Black
10.5%
Hispanic
9.1%
Demographic Value
Total Population1,093
Median Age32.7
White82.4%
Black or African American10.5%
Hispanic or Latino9.1%
Babson Park, Florida — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 102.White: 80.8%Black: 10.3%Hispanic/Latino: 8.9%1,093PopulationWhiteWhite80.8%BlackBlack10.3%Hispanic/LatinoHispanic/Latino8.9%

Income & Economy

The median household income in Babson Park is $48,177, which is 40.2% below the national median of $80,610. The per capita income is $23,393. The poverty rate is 14.4%.

$48,177
Median Household Income
$23,393
Per Capita Income
14.4%
Poverty Rate

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Education

In Babson Park, 79.7% of residents age 25+ have a high school diploma or higher, and 5.6% hold a bachelor's degree or higher.

HS Diploma+
79.7%
Bachelor's+
5.6%
Education Level % of Adults (25+)
High School Diploma or Higher79.7%
Bachelor's Degree or Higher5.6%

Housing

The median home value in Babson Park is $211,100, below the national median of $303,400. The homeownership rate is 95.8%.

$211,100
Median Home Value
95.8%
Homeownership Rate
Housing Metric Value
Median Home Value$211,100
Homeownership Rate95.8%
Vacancy Rate34.7%

Salaries in Florida

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Frequently Asked Questions

What is the population of Babson Park, Florida?
The population of Babson Park, Florida is 1,093 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Babson Park, Florida?
The median household income in Babson Park, Florida is $48,177. This is 40.2% below the national median of $80,610.
What is the median home value in Babson Park, Florida?
The median home value in Babson Park, Florida is $211,100.
What percentage of people in Babson Park have a college degree?
In Babson Park, Florida, 5.6% of adults age 25 and older hold a bachelor's degree or higher, and 79.7% have a high school diploma or higher.
Is Babson Park, Florida an affordable place to live?
The home price-to-income ratio in Babson Park, Florida is 4.4x (median home value $211,100 vs. median income $48,177), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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