Clearwater, FL
Population 117,075 · Florida
About Clearwater, FL
Clearwater is a major city located in Florida with a population of 117,075 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,440 per year, which is 14% below the national median of $75,149. The median age of 46.4 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 Clearwater features a median home value of $326,100, which is 33% above the national median of $244,900. This positions Clearwater in a moderately priced market relative to the rest of the country. Median monthly rent is $1,539, 32% above the national average of $1,163/month. Of the 61,091 total housing units, 59% are owner-occupied (29,476 units) and 41% are renter-occupied (20,433 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Clearwater shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 15.4%, above the national average of 12.4%. Workers in Clearwater have an average one-way commute time of 23.2 minutes.
Education & Demographics
32.5% of Clearwater residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 6.3% White, 1.5% Hispanic or Latino, 3.7% Black or African American, and 5.8% Asian residents, with 17.0% of the population being foreign-born.
How Clearwater Ranks in Florida
Cost of Living in Clearwater, FL
Compared to national averages, Clearwater has a median household income of $64,440 (14% below the national median of $75,149). Home values average $326,100, which is 33% above the national median. Monthly rent at $1,539 is 32% above the US average of $1,163. Within Florida, Clearwater's income is 15% below the state average of $75,893, and home values are 8% below the state median of $353,675.
Why Live in Clearwater, FL?
Clearwater offers short commute times averaging just 23.2 minutes.
Potential considerations include median household income ($64,440) that falls below the national average. However, as a major city, Clearwater provides access to a wide range of amenities and services.
Clearwater has a population of 117,075 with a median age of 46.4 years. Compare Clearwater with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Clearwater
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lakeland | 117,030 | $60,947 | $229,100 | Compare |
| Brandon | 116,365 | $77,068 | $293,800 | Compare |
| Spring Hill | 118,814 | $66,557 | $248,400 | Compare |
| West Palm Beach | 119,508 | $69,261 | $369,800 | Compare |
| Pompano Beach | 112,212 | $63,832 | $321,900 | Compare |
| Miami Gardens | 111,264 | $60,979 | $337,200 | Compare |
| Palm Bay | 125,273 | $67,521 | $248,000 | Compare |
| Riverview | 107,776 | $95,442 | $341,200 | 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 Clearwater With Other Cities
Frequently Asked Questions about Clearwater
What is the population of Clearwater, FL?
The population of Clearwater, FL is 117,075 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in Florida.
What is the median household income in Clearwater?
The median household income in Clearwater, FL is $64,440 per year, which is 14% below the national median of $75,149.
What is the median home value in Clearwater?
The median home value in Clearwater, FL is $326,100, which is 33% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Clearwater?
The median monthly rent in Clearwater, FL is $1,539, which is 32% above the national average of $1,163/month.
What is the unemployment rate in Clearwater?
The unemployment rate in Clearwater, FL is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Clearwater, FL a good place to live?
Clearwater offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 117,075 and a median age of 46.4, the city appeals to established professionals and retirees.
How educated is Clearwater, FL?
32.5% of residents in Clearwater 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 Clearwater?
Key cost-of-living indicators for Clearwater, FL: median home value is $326,100 (33% above national), median rent is $1,539/month, and median household income is $64,440. The home-value-to-income ratio is 5.1x, a moderate figure by national standards.
What is the poverty rate in Clearwater?
The poverty rate in Clearwater, FL is 15.4%, 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 Clearwater, FL?
Clearwater's population is 6.3% White, 1.5% Hispanic or Latino, 3.7% Black or African American, 5.8% Asian, and 10.1% two or more races. 17.0% of residents are foreign-born.