Freeport, FL
Population 6,203 · Florida
About Freeport, FL
Freeport is a small town located in Florida with a population of 6,203 residents according to the latest US Census Bureau American Community Survey data. The median household income is $89,540 per year, which is 19% above the national median of $75,149. The median age of 39.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Freeport features a median home value of $379,400, which is 55% above the national median of $244,900. This places Freeport in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,769, 52% above the national average of $1,163/month. Of the 2,711 total housing units, 68% are owner-occupied (1,713 units) and 32% are renter-occupied (804 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Freeport shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Freeport have an average one-way commute time of 37.6 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
31.8% of Freeport 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 4.6% White, 3.9% Hispanic or Latino, 1.8% Black or African American, and 3.0% Asian residents, with 8.5% of the population being foreign-born.
Cost of Living in Freeport, FL
Compared to national averages, Freeport has a median household income of $89,540 (19% above the national median of $75,149). Home values average $379,400, which is 55% above the national median. Monthly rent at $1,769 is 52% above the US average of $1,163. Within Florida, Freeport's income is 18% above the state average of $75,893, and home values are 7% above the state median of $353,675.
Why Live in Freeport, FL?
Freeport offers a strong local economy with a median household income of $89,540, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a low poverty rate of 7.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $379,400. However, Freeport’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Freeport has a population of 6,203 with a median age of 39.3 years. Compare Freeport with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Freeport
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lauderdale-by-the-Sea | 6,159 | $81,020 | $626,100 | Compare |
| Pembroke Park | 6,254 | $50,710 | $103,700 | Compare |
| Vero Lake Estates | 6,262 | $63,487 | $293,500 | Compare |
| DeFuniak Springs | 6,284 | $51,883 | $163,200 | Compare |
| Tequesta | 6,118 | $103,036 | $570,400 | Compare |
| Southgate | 6,054 | $77,616 | $374,800 | Compare |
| Three Oaks | 6,037 | $102,392 | $421,300 | Compare |
| High Springs | 6,396 | $80,973 | $263,800 | 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 Freeport With Other Cities
Frequently Asked Questions about Freeport
What is the population of Freeport, FL?
The population of Freeport, FL is 6,203 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 Freeport?
The median household income in Freeport, FL is $89,540 per year, which is 19% above the national median of $75,149.
What is the median home value in Freeport?
The median home value in Freeport, FL is $379,400, which is 55% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Freeport?
The median monthly rent in Freeport, FL is $1,769, which is 52% above the national average of $1,163/month.
What is the unemployment rate in Freeport?
The unemployment rate in Freeport, FL is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Freeport, FL a good place to live?
Freeport offers above-average incomes, a competitive housing market, and a strong job market. With a population of 6,203 and a median age of 39.3, the city appeals to a broad range of residents.
How educated is Freeport, FL?
31.8% of residents in Freeport 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 Freeport?
Key cost-of-living indicators for Freeport, FL: median home value is $379,400 (55% above national), median rent is $1,769/month, and median household income is $89,540. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Freeport?
The poverty rate in Freeport, FL is 7.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Freeport, FL?
Freeport's population is 4.6% White, 3.9% Hispanic or Latino, 1.8% Black or African American, 3.0% Asian, and 2.2% two or more races. 8.5% of residents are foreign-born.