Cortez, FL
Population 5,323 · Florida
About Cortez, FL
Cortez is a small town located in Florida with a population of 5,323 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,915 per year, which is 2% above the national median of $75,149. The median age of 62.8 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 Cortez features a median home value of $388,500, which is 59% above the national median of $244,900. This places Cortez in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,912, 64% above the national average of $1,163/month. Of the 3,954 total housing units, 85% are owner-occupied (2,126 units) and 15% are renter-occupied (362 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cortez shows an unemployment rate of 11.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cortez have an average one-way commute time of 35.8 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
46.4% of Cortez residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.9% White, 0.1% Hispanic or Latino, 1.7% Black or African American, and 0.2% Asian residents, with 6.4% of the population being foreign-born.
Cost of Living in Cortez, FL
Compared to national averages, Cortez has a median household income of $76,915 (2% above the national median of $75,149). Home values average $388,500, which is 59% above the national median. Monthly rent at $1,912 is 64% above the US average of $1,163. Within Florida, Cortez's income is 1% above the state average of $75,893, and home values are 10% above the state median of $353,675.
Why Live in Cortez, FL?
Cortez offers a strong local economy with a median household income of $76,915, well above the national average, and a well-educated community where 46.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $388,500. However, Cortez’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cortez has a population of 5,323 with a median age of 62.8 years. Compare Cortez with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Cortez
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Pasadena | 5,324 | $51,369 | $319,600 | Compare |
| Whiskey Creek | 5,298 | $99,242 | $345,100 | Compare |
| Palm Springs North | 5,291 | $97,083 | $476,500 | Compare |
| Balm | 5,362 | $104,347 | $312,600 | Compare |
| White City | 5,373 | $96,042 | $350,800 | Compare |
| Okeechobee | 5,376 | $50,365 | $187,400 | Compare |
| Orangetree | 5,377 | $102,133 | $473,800 | Compare |
| Tice | 5,377 | $54,833 | $185,900 | 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 Cortez With Other Cities
Frequently Asked Questions about Cortez
What is the population of Cortez, FL?
The population of Cortez, FL is 5,323 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 Cortez?
The median household income in Cortez, FL is $76,915 per year, which is 2% above the national median of $75,149.
What is the median home value in Cortez?
The median home value in Cortez, FL is $388,500, which is 59% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cortez?
The median monthly rent in Cortez, FL is $1,912, which is 64% above the national average of $1,163/month.
What is the unemployment rate in Cortez?
The unemployment rate in Cortez, FL is 11.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cortez, FL a good place to live?
Cortez offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 5,323 and a median age of 62.8, the city appeals to established professionals and retirees.
How educated is Cortez, FL?
46.4% of residents in Cortez aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Cortez?
Key cost-of-living indicators for Cortez, FL: median home value is $388,500 (59% above national), median rent is $1,912/month, and median household income is $76,915. The home-value-to-income ratio is 5.1x, a moderate figure by national standards.
What is the poverty rate in Cortez?
The poverty rate in Cortez, FL is 11.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cortez, FL?
Cortez's population is 0.9% White, 0.1% Hispanic or Latino, 1.7% Black or African American, 0.2% Asian, and 2.3% two or more races. 6.4% of residents are foreign-born.