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Carrabelle, 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
2,438
Population
$49,792
Median Income
$217,900
Home Value
37.9
Median Age

Demographics

Carrabelle has a population of 2,438 with a median age of 37.9. Here is the racial and ethnic breakdown of the population:

White
51.6%
Black
28.9%
Hispanic
12.6%
Other
6.8%
Demographic Value
Total Population2,438
Median Age37.9
White51.6%
Black or African American28.9%
Asian0.1%
Hispanic or Latino12.6%
Other / Two or More Races6.8%
Carrabelle, Florida — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 51.6%Black: 28.9%Hispanic/Latino: 12.6%Other: 6.8%Other: 0.1%2,438PopulationWhiteWhite51.6%BlackBlack28.9%Hispanic/LatinoHispanic/Latino12.6%OtherOther6.8%OtherOther0.1%

Income & Economy

The median household income in Carrabelle is $49,792, which is 38.2% below the national median of $80,610. The per capita income is $10,936. The poverty rate is 21.6%.

$49,792
Median Household Income
$10,936
Per Capita Income
21.6%
Poverty Rate

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Education

In Carrabelle, 68.5% of residents age 25+ have a high school diploma or higher, and 7.2% hold a bachelor's degree or higher (3.4% with a graduate or professional degree).

HS Diploma+
68.5%
Bachelor's+
7.2%
Graduate+
3.4%
Education Level % of Adults (25+)
High School Diploma or Higher68.5%
Bachelor's Degree or Higher7.2%
Graduate or Professional Degree3.4%

Housing

The median home value in Carrabelle is $217,900, below the national median of $303,400. The median monthly rent is $914. The homeownership rate is 67.4%.

$217,900
Median Home Value
$914/mo
Median Rent
67.4%
Homeownership Rate
Housing Metric Value
Median Home Value$217,900
Median Monthly Rent$914
Homeownership Rate67.4%
Vacancy Rate49.2%

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Frequently Asked Questions

What is the population of Carrabelle, Florida?
The population of Carrabelle, Florida is 2,438 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Carrabelle, Florida?
The median household income in Carrabelle, Florida is $49,792. This is 38.2% below the national median of $80,610.
What is the median home value in Carrabelle, Florida?
The median home value in Carrabelle, Florida is $217,900. The median monthly rent is $914.
What percentage of people in Carrabelle have a college degree?
In Carrabelle, Florida, 7.2% of adults age 25 and older hold a bachelor's degree or higher, and 68.5% have a high school diploma or higher.
Is Carrabelle, Florida an affordable place to live?
The home price-to-income ratio in Carrabelle, Florida is 4.4x (median home value $217,900 vs. median income $49,792), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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