Florida · Census place 07450
Bonifay city, FL
Quick answer
Bonifay city has 2,782 residents, ranking #618 of 955 places in Florida. Median household income is $39,630, the median home is worth $116,000 and median gross rent runs $881 a month.
- Population
- 2,782Bonifay city residents
- Median household income
- $39,630Past 12 months, inflation adjusted
- Median home value
- $116,000Owner-occupied units
- Median gross rent
- $881Rent plus utilities, monthly
- Median age
- 39.3 yrsAll residents
- Homeownership rate
- 51.8%Owner-occupied households
What the numbers mean in Bonifay city
Housing cost measured against local earnings.
A household earning the Bonifay city median would spend about 26.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.1% of residents and 51.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Florida.
- Watertown CDP 2,797
- Inverness Highlands North CDP 2,785
- De Leon Springs CDP 2,784
- Hypoluxo town 2,744
- Island Walk CDP 2,724
- Edgewood city 2,710
- Bay Pines CDP 2,700
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