Dunnellon, FL
Population 2,434 · Florida
About Dunnellon, FL
Dunnellon is a small town located in Florida with a population of 2,434 residents according to the latest US Census Bureau American Community Survey data. The median household income is $40,707 per year, which is 46% below the national median of $75,149. The median age of 58.4 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 Dunnellon features a median home value of $179,800, which is 27% below the national median of $244,900. This positions Dunnellon in a moderately priced market relative to the rest of the country. Median monthly rent is $749, 36% below the national average of $1,163/month. Of the 1,616 total housing units, 73% are owner-occupied (957 units) and 27% are renter-occupied (352 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Dunnellon shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.1%, above the national average of 12.4%. Workers in Dunnellon have an average one-way commute time of 26.6 minutes.
Education & Demographics
16.5% of Dunnellon 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 0.3% White, 0.9% Hispanic or Latino, 1.7% Black or African American, and 1.0% Asian residents, with 5.2% of the population being foreign-born.
How Dunnellon Ranks in Florida
Cost of Living in Dunnellon, FL
Compared to national averages, Dunnellon has a median household income of $40,707 (46% below the national median of $75,149). Home values average $179,800, which is 27% below the national median. Monthly rent at $749 is 36% below the US average of $1,163. Within Florida, Dunnellon's income is 46% below the state average of $75,893, and home values are 49% below the state median of $353,675.
Why Live in Dunnellon, FL?
Dunnellon offers affordable housing with a median home value of $179,800, below the US average of $244,900, and rent that’s lower than the national average at $749/month.
Potential considerations include median household income ($40,707) that falls below the national average. However, Dunnellon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Dunnellon has a population of 2,434 with a median age of 58.4 years. Compare Dunnellon with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Dunnellon
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Placid | 2,438 | $45,476 | $253,200 | Compare |
| Pretty Bayou | 2,405 | $83,250 | $279,300 | Compare |
| Belleair Bluffs | 2,394 | $55,688 | $393,100 | Compare |
| Cudjoe Key | 2,478 | $84,890 | $707,700 | Compare |
| Zellwood | 2,484 | $61,875 | $157,600 | Compare |
| Berkshire Lakes | 2,493 | $74,250 | $323,300 | Compare |
| Pelican Marsh | 2,513 | $136,141 | $1,087,800 | Compare |
| Hernando Beach | 2,518 | $86,585 | $458,300 | 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 Dunnellon With Other Cities
Frequently Asked Questions about Dunnellon
What is the population of Dunnellon, FL?
The population of Dunnellon, FL is 2,434 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 Dunnellon?
The median household income in Dunnellon, FL is $40,707 per year, which is 46% below the national median of $75,149.
What is the median home value in Dunnellon?
The median home value in Dunnellon, FL is $179,800, which is 27% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Dunnellon?
The median monthly rent in Dunnellon, FL is $749, which is 36% below the national average of $1,163/month.
What is the unemployment rate in Dunnellon?
The unemployment rate in Dunnellon, FL is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Dunnellon, FL a good place to live?
Dunnellon offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,434 and a median age of 58.4, the city appeals to established professionals and retirees.
How educated is Dunnellon, FL?
16.5% of residents in Dunnellon 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 Dunnellon?
Key cost-of-living indicators for Dunnellon, FL: median home value is $179,800 (27% below national), median rent is $749/month, and median household income is $40,707. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.
What is the poverty rate in Dunnellon?
The poverty rate in Dunnellon, FL is 18.1%, 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 Dunnellon, FL?
Dunnellon's population is 0.3% White, 0.9% Hispanic or Latino, 1.7% Black or African American, 1.0% Asian, and 5.1% two or more races. 5.2% of residents are foreign-born.