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Oviedo, 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
40,599
Population
$117,070
Median Income
$454,000
Home Value
37.6
Median Age

Demographics

Oviedo has a population of 40,599 with a median age of 37.6. Here is the racial and ethnic breakdown of the population:

White
62.7%
Hispanic
23.4%
Black
8.5%
Asian
6.6%
Demographic Value
Total Population40,599
Median Age37.6
White62.7%
Black or African American8.5%
Asian6.6%
Hispanic or Latino23.4%
Oviedo, Florida — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 101.White: 62.0%Hispanic/Latino: 23.1%Black: 8.4%Asian: 6.5%40,599PopulationWhiteWhite62.0%Hispanic/LatinoHispanic/Latino23.1%BlackBlack8.4%AsianAsian6.5%

Income & Economy

The median household income in Oviedo is $117,070, which is 45.2% above the national median of $80,610. The per capita income is $47,962. The poverty rate is 5.3%.

$117,070
Median Household Income
$47,962
Per Capita Income
5.3%
Poverty Rate

Employment

The unemployment rate in Oviedo is 3.0%, compared to the national rate of 4.1%.

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Education

In Oviedo, 95.8% of residents age 25+ have a high school diploma or higher, and 55.5% hold a bachelor's degree or higher (19.4% with a graduate or professional degree).

HS Diploma+
95.8%
Bachelor's+
55.5%
Graduate+
19.4%
Education Level % of Adults (25+)
High School Diploma or Higher95.8%
Bachelor's Degree or Higher55.5%
Graduate or Professional Degree19.4%

Housing

The median home value in Oviedo is $454,000, above the national median of $303,400. The median monthly rent is $1,955. The homeownership rate is 76.7%.

$454,000
Median Home Value
$1,955/mo
Median Rent
76.7%
Homeownership Rate
Housing Metric Value
Median Home Value$454,000
Median Monthly Rent$1,955
Homeownership Rate76.7%
Vacancy Rate4.5%

Salaries in Florida

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Frequently Asked Questions

What is the population of Oviedo, Florida?
The population of Oviedo, Florida is 40,599 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Oviedo, Florida?
The median household income in Oviedo, Florida is $117,070. This is 45.2% above the national median of $80,610.
What is the median home value in Oviedo, Florida?
The median home value in Oviedo, Florida is $454,000. The median monthly rent is $1,955.
What percentage of people in Oviedo have a college degree?
In Oviedo, Florida, 55.5% of adults age 25 and older hold a bachelor's degree or higher, and 95.8% have a high school diploma or higher.
Is Oviedo, Florida an affordable place to live?
The home price-to-income ratio in Oviedo, Florida is 3.9x (median home value $454,000 vs. median income $117,070), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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