Greenacres, FL
Population 43,871 · Florida
About Greenacres, FL
Greenacres is a mid-sized city located in Florida with a population of 43,871 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,917 per year, which is 16% below the national median of $75,149. The median age of 38 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Greenacres features a median home value of $244,700, which is 0% below the national median of $244,900. This positions Greenacres in a moderately priced market relative to the rest of the country. Median monthly rent is $1,709, 47% above the national average of $1,163/month. Of the 17,605 total housing units, 66% are owner-occupied (10,134 units) and 34% are renter-occupied (5,277 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Greenacres shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 16.1%, above the national average of 12.4%. Workers in Greenacres have an average one-way commute time of 30.2 minutes.
Education & Demographics
25.3% of Greenacres 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 7.2% White, 0.9% Hispanic or Latino, 6.5% Black or African American, and 22.6% Asian residents, with 42.5% of the population being foreign-born.
Cost of Living in Greenacres, FL
Compared to national averages, Greenacres has a median household income of $62,917 (16% below the national median of $75,149). Home values average $244,700, which is 0% below the national median. Monthly rent at $1,709 is 47% above the US average of $1,163. Within Florida, Greenacres's income is 17% below the state average of $75,893, and home values are 31% below the state median of $353,675.
Why Live in Greenacres, FL?
Greenacres offers affordable housing with a median home value of $244,700, below the US average of $244,900.
Potential considerations include median household income ($62,917) that falls below the national average. However, Greenacres’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Greenacres has a population of 43,871 with a median age of 38 years. Compare Greenacres with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Greenacres
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oakland Park | 44,015 | $68,424 | $352,600 | Compare |
| North Fort Myers | 44,189 | $55,696 | $137,700 | Compare |
| Ormond Beach | 43,514 | $67,482 | $320,300 | Compare |
| Cutler Bay | 44,483 | $82,155 | $420,800 | Compare |
| North Miami Beach | 43,104 | $57,633 | $317,800 | Compare |
| North Lauderdale | 44,650 | $63,423 | $270,600 | Compare |
| Clermont | 44,984 | $79,789 | $368,600 | Compare |
| Lake Worth Beach | 42,650 | $60,978 | $329,300 | 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 Greenacres With Other Cities
Frequently Asked Questions about Greenacres
What is the population of Greenacres, FL?
The population of Greenacres, FL is 43,871 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Greenacres?
The median household income in Greenacres, FL is $62,917 per year, which is 16% below the national median of $75,149.
What is the median home value in Greenacres?
The median home value in Greenacres, FL is $244,700, which is 0% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Greenacres?
The median monthly rent in Greenacres, FL is $1,709, which is 47% above the national average of $1,163/month.
What is the unemployment rate in Greenacres?
The unemployment rate in Greenacres, FL is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Greenacres, FL a good place to live?
Greenacres offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 43,871 and a median age of 38, the city appeals to a broad range of residents.
How educated is Greenacres, FL?
25.3% of residents in Greenacres 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 Greenacres?
Key cost-of-living indicators for Greenacres, FL: median home value is $244,700 (0% below national), median rent is $1,709/month, and median household income is $62,917. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Greenacres?
The poverty rate in Greenacres, FL is 16.1%, 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 Greenacres, FL?
Greenacres's population is 7.2% White, 0.9% Hispanic or Latino, 6.5% Black or African American, 22.6% Asian, and 27.5% two or more races. 42.5% of residents are foreign-born.