Babson Park, FL
Population 1,156 · Florida
About Babson Park, FL
Babson Park is a small town located in Florida with a population of 1,156 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,500 per year, which is 25% below the national median of $75,149. The median age of 22.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Babson Park features a median home value of $163,700, which is 33% below the national median of $244,900. This positions Babson Park in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 434 total housing units, 87% are owner-occupied (246 units) and 13% are renter-occupied (38 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Babson Park shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.6%, above the national average of 12.4%. Workers in Babson Park have an average one-way commute time of 20.2 minutes.
Education & Demographics
3.8% of Babson Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 6.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 6.8% Asian residents, with 9.4% of the population being foreign-born.
Cost of Living in Babson Park, FL
Compared to national averages, Babson Park has a median household income of $56,500 (25% below the national median of $75,149). Home values average $163,700, which is 33% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Florida, Babson Park's income is 26% below the state average of $75,893, and home values are 54% below the state median of $353,675.
Why Live in Babson Park, FL?
Babson Park offers affordable housing with a median home value of $163,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 20.2 minutes.
Potential considerations include median household income ($56,500) that falls below the national average. However, Babson Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Babson Park has a population of 1,156 with a median age of 22.3 years. Compare Babson Park with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Babson Park
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fanning Springs | 1,154 | $54,167 | $148,600 | Compare |
| Five Points | 1,160 | $54,808 | $124,000 | Compare |
| Seville | 1,165 | $140,222 | $0 | Compare |
| Mayo | 1,172 | $45,833 | $116,100 | Compare |
| Gotha | 1,179 | $181,645 | $730,300 | Compare |
| Black Hammock | 1,194 | $0 | $278,400 | Compare |
| Plantation Mobile Home Park | 1,115 | $71,130 | $66,500 | Compare |
| Allentown | 1,200 | $0 | $234,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Babson Park With Other Cities
Frequently Asked Questions about Babson Park
What is the population of Babson Park, FL?
The population of Babson Park, FL is 1,156 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in Babson Park?
The median household income in Babson Park, FL is $56,500 per year, which is 25% below the national median of $75,149.
What is the median home value in Babson Park?
The median home value in Babson Park, FL is $163,700, which is 33% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Babson Park?
The median monthly rent in Babson Park, FL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Babson Park?
The unemployment rate in Babson Park, FL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Babson Park, FL a good place to live?
Babson Park offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,156 and a median age of 22.3, the city appeals to young professionals and families.
How educated is Babson Park, FL?
3.8% of residents in Babson Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Babson Park?
Key cost-of-living indicators for Babson Park, FL: median home value is $163,700 (33% below national), median rent is $0/month, and median household income is $56,500. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Babson Park?
The poverty rate in Babson Park, FL is 15.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Babson Park, FL?
Babson Park's population is 6.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 6.8% Asian, and 11.2% two or more races. 9.4% of residents are foreign-born.