Bascom, FL
Population 152 · Florida
About Bascom, FL
Bascom is a small community located in Florida with a population of 152 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,500 per year, which is 6% below the national median of $75,149. The median age of 48.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bascom features a median home value of $95,500, which is 61% below the national median of $244,900. This makes Bascom one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 93 total housing units, 83% are owner-occupied (63 units) and 17% are renter-occupied (13 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bascom shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bascom have an average one-way commute time of 29.7 minutes.
Education & Demographics
9.9% of Bascom 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 5.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 5.3% of the population being foreign-born.
How Bascom Ranks in Florida
Cost of Living in Bascom, FL
Compared to national averages, Bascom has a median household income of $70,500 (6% below the national median of $75,149). Home values average $95,500, which is 61% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Florida, Bascom's income is 7% below the state average of $75,893, and home values are 73% below the state median of $353,675.
Why Live in Bascom, FL?
Bascom offers affordable housing with a median home value of $95,500, 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 2.3%. Additionally, the city features a low poverty rate of 6.6%, better than the national average.
Potential considerations include median household income ($70,500) that falls below the national average. However, Bascom’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bascom has a population of 152 with a median age of 48.9 years. Compare Bascom with other cities to see how it stacks up, or explore all cities in Florida.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bascom
What is the population of Bascom, FL?
The population of Bascom, FL is 152 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Florida.
What is the median household income in Bascom?
The median household income in Bascom, FL is $70,500 per year, which is 6% below the national median of $75,149.
What is the median home value in Bascom?
The median home value in Bascom, FL is $95,500, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bascom?
The median monthly rent in Bascom, FL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Bascom?
The unemployment rate in Bascom, FL is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bascom, FL a good place to live?
Bascom offers a moderate cost of living, affordable housing, and a strong job market. With a population of 152 and a median age of 48.9, the city appeals to established professionals and retirees.
How educated is Bascom, FL?
9.9% of residents in Bascom 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 Bascom?
Key cost-of-living indicators for Bascom, FL: median home value is $95,500 (61% below national), median rent is $0/month, and median household income is $70,500. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bascom?
The poverty rate in Bascom, FL is 6.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bascom, FL?
Bascom's population is 5.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 5.3% of residents are foreign-born.