Graceville, FL
Population 2,609 · Florida
About Graceville, FL
Graceville is a small town located in Florida with a population of 2,609 residents according to the latest US Census Bureau American Community Survey data. The median household income is $33,068 per year, which is 56% below the national median of $75,149. The median age of 35.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Graceville features a median home value of $106,300, which is 57% below the national median of $244,900. This makes Graceville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $807, 31% below the national average of $1,163/month. Of the 1,014 total housing units, 47% are owner-occupied (422 units) and 53% are renter-occupied (473 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Graceville shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 24.3%, above the national average of 12.4%. Workers in Graceville have an average one-way commute time of 25 minutes.
Education & Demographics
19.9% of Graceville 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 0.7% White, 1.0% Hispanic or Latino, 0.0% Black or African American, and 1.8% Asian residents, with 1.3% of the population being foreign-born.
How Graceville Ranks in Florida
Cost of Living in Graceville, FL
Compared to national averages, Graceville has a median household income of $33,068 (56% below the national median of $75,149). Home values average $106,300, which is 57% below the national median. Monthly rent at $807 is 31% below the US average of $1,163. Within Florida, Graceville's income is 56% below the state average of $75,893, and home values are 70% below the state median of $353,675.
Why Live in Graceville, FL?
Graceville offers affordable housing with a median home value of $106,300, below the US average of $244,900, and rent that’s lower than the national average at $807/month, and a strong job market with an unemployment rate of just 2.6%.
Potential considerations include median household income ($33,068) that falls below the national average. However, Graceville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Graceville has a population of 2,609 with a median age of 35.1 years. Compare Graceville with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Graceville
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Silver Lake | 2,610 | $75,709 | $299,000 | Compare |
| Eastpoint | 2,602 | $61,327 | $204,400 | Compare |
| Holley | 2,595 | $121,494 | $386,200 | Compare |
| Monticello | 2,627 | $44,920 | $192,500 | Compare |
| Eatonville | 2,582 | $35,509 | $176,600 | Compare |
| Silver Springs | 2,640 | $32,228 | $0 | Compare |
| Tropical Park | 2,567 | $29,297 | $226,700 | Compare |
| Roosevelt Gardens | 2,566 | $48,992 | $252,800 | 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 Graceville With Other Cities
Frequently Asked Questions about Graceville
What is the population of Graceville, FL?
The population of Graceville, FL is 2,609 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 Graceville?
The median household income in Graceville, FL is $33,068 per year, which is 56% below the national median of $75,149.
What is the median home value in Graceville?
The median home value in Graceville, FL is $106,300, which is 57% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Graceville?
The median monthly rent in Graceville, FL is $807, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Graceville?
The unemployment rate in Graceville, FL is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Graceville, FL a good place to live?
Graceville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,609 and a median age of 35.1, the city appeals to a broad range of residents.
How educated is Graceville, FL?
19.9% of residents in Graceville 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 Graceville?
Key cost-of-living indicators for Graceville, FL: median home value is $106,300 (57% below national), median rent is $807/month, and median household income is $33,068. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Graceville?
The poverty rate in Graceville, FL is 24.3%, 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 Graceville, FL?
Graceville's population is 0.7% White, 1.0% Hispanic or Latino, 0.0% Black or African American, 1.8% Asian, and 27.3% two or more races. 1.3% of residents are foreign-born.