Bonifay, FL
Population 2,782 · Florida
About Bonifay, FL
Bonifay is a small community in Florida with a population of 2,782 residents. The median household income is $39,630 per year, which is below the national average. The median age in Bonifay is 39.3 years.
Housing in Bonifay has a median home value of $116,000 and median monthly rent of $881. Of the 1,416 total housing units, the majority are owner-occupied, with 614 owner-occupied and 572 renter-occupied units.
The unemployment rate in Bonifay is 13.2% and the poverty rate is 25.1%. 13.9% of residents hold a bachelor's degree or higher. The average commute time is 28.4 minutes.
Cost of Living in Bonifay, FL
Compared to national averages, Bonifay has a median household income of $39,630 (47% below the national median of $75,149). Home values average $116,000, which is 53% below the national median. Monthly rent at $881 is 24% below the US average of $1,163. Within Florida, Bonifay's income is 48% below the state average of $75,893, and home values are 67% below the state median of $353,675.
Why Live in Bonifay, FL?
Bonifay offers affordable housing with a median home value of $116,000, below the US average of $244,900, and rent that’s lower than the national average at $881/month.
Potential considerations include median household income ($39,630) that falls below the national average. However, Bonifay’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bonifay has a population of 2,782 with a median age of 39.3 years. Compare Bonifay with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Bonifay
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| De Leon Springs | 2,784 | $53,468 | $240,000 | Compare |
| Inverness Highlands North | 2,785 | $58,859 | $166,300 | Compare |
| Watertown | 2,797 | $43,164 | $112,800 | Compare |
| Hypoluxo | 2,744 | $79,583 | $249,900 | Compare |
| Island Walk | 2,724 | $78,857 | $579,800 | Compare |
| Vamo | 2,845 | $85,094 | $309,900 | Compare |
| Edgewood | 2,710 | $79,345 | $452,400 | Compare |
| Bay Pines | 2,700 | $67,012 | $248,400 | 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.
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Frequently Asked Questions about Bonifay
What is the population of Bonifay, FL?
The population of Bonifay, FL is 2,782 according to the latest Census data.
What is the median household income in Bonifay?
The median household income in Bonifay, FL is $39,630 per year.
What is the median home value in Bonifay?
The median home value in Bonifay, FL is $116,000.
What is the average rent in Bonifay?
The median monthly rent in Bonifay, FL is $881.
What is the unemployment rate in Bonifay?
The unemployment rate in Bonifay, FL is 13.2%.