Fanning Springs, FL
Population 1,154 · Florida
About Fanning Springs, FL
Fanning Springs is a small town located in Florida with a population of 1,154 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,167 per year, which is 28% below the national median of $75,149. The median age of 51.2 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 Fanning Springs features a median home value of $148,600, which is 39% below the national median of $244,900. This positions Fanning Springs in a moderately priced market relative to the rest of the country. Median monthly rent is $795, 32% below the national average of $1,163/month. Of the 515 total housing units, 85% are owner-occupied (366 units) and 15% are renter-occupied (66 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fanning Springs shows an unemployment rate of 5.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 17.4%, above the national average of 12.4%. Workers in Fanning Springs have an average one-way commute time of 26.6 minutes.
Education & Demographics
17.4% of Fanning Springs 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, 1.6% Hispanic or Latino, 0.3% Black or African American, and 0.7% Asian residents, with 5.7% of the population being foreign-born.
How Fanning Springs Ranks in Florida
Cost of Living in Fanning Springs, FL
Compared to national averages, Fanning Springs has a median household income of $54,167 (28% below the national median of $75,149). Home values average $148,600, which is 39% below the national median. Monthly rent at $795 is 32% below the US average of $1,163. Within Florida, Fanning Springs's income is 29% below the state average of $75,893, and home values are 58% below the state median of $353,675.
Why Live in Fanning Springs, FL?
Fanning Springs offers affordable housing with a median home value of $148,600, below the US average of $244,900, and rent that’s lower than the national average at $795/month.
Potential considerations include median household income ($54,167) that falls below the national average. However, Fanning Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fanning Springs has a population of 1,154 with a median age of 51.2 years. Compare Fanning Springs with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Fanning Springs
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Babson Park | 1,156 | $56,500 | $163,700 | Compare |
| Five Points | 1,160 | $54,808 | $124,000 | Compare |
| Seville | 1,165 | $140,222 | $0 | Compare |
| Mayo | 1,172 | $45,833 | $116,100 | Compare |
| Gotha | 1,179 | $181,645 | $730,300 | Compare |
| Plantation Mobile Home Park | 1,115 | $71,130 | $66,500 | Compare |
| Black Hammock | 1,194 | $0 | $278,400 | Compare |
| Allentown | 1,200 | $0 | $234,300 | 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 Fanning Springs With Other Cities
Frequently Asked Questions about Fanning Springs
What is the population of Fanning Springs, FL?
The population of Fanning Springs, FL is 1,154 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 Fanning Springs?
The median household income in Fanning Springs, FL is $54,167 per year, which is 28% below the national median of $75,149.
What is the median home value in Fanning Springs?
The median home value in Fanning Springs, FL is $148,600, which is 39% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fanning Springs?
The median monthly rent in Fanning Springs, FL is $795, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Fanning Springs?
The unemployment rate in Fanning Springs, FL is 5.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Fanning Springs, FL a good place to live?
Fanning Springs offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,154 and a median age of 51.2, the city appeals to established professionals and retirees.
How educated is Fanning Springs, FL?
17.4% of residents in Fanning Springs 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 Fanning Springs?
Key cost-of-living indicators for Fanning Springs, FL: median home value is $148,600 (39% below national), median rent is $795/month, and median household income is $54,167. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Fanning Springs?
The poverty rate in Fanning Springs, FL is 17.4%, 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 Fanning Springs, FL?
Fanning Springs's population is 0.3% White, 1.6% Hispanic or Latino, 0.3% Black or African American, 0.7% Asian, and 1.2% two or more races. 5.7% of residents are foreign-born.