Island Walk, FL
Population 2,724 · Florida
About Island Walk, FL
Island Walk is a small town located in Florida with a population of 2,724 residents according to the latest US Census Bureau American Community Survey data. The median household income is $78,857 per year, which is 5% above the national median of $75,149. The median age of 67.7 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 Island Walk features a median home value of $579,800, which is 137% above the national median of $244,900. This places Island Walk in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,846, 59% above the national average of $1,163/month. Of the 2,127 total housing units, 87% are owner-occupied (1,197 units) and 13% are renter-occupied (176 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Island Walk shows an unemployment rate of 12.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Island Walk have an average one-way commute time of 24.8 minutes.
Education & Demographics
45.6% of Island Walk residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.5% Asian residents, with 16.2% of the population being foreign-born.
Cost of Living in Island Walk, FL
Compared to national averages, Island Walk has a median household income of $78,857 (5% above the national median of $75,149). Home values average $579,800, which is 137% above the national median. Monthly rent at $1,846 is 59% above the US average of $1,163. Within Florida, Island Walk's income is 4% above the state average of $75,893, and home values are 64% above the state median of $353,675.
Why Live in Island Walk, FL?
Island Walk offers a strong local economy with a median household income of $78,857, well above the national average, and a well-educated community where 45.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.5%, better than the national average. Additionally, the city features short commute times averaging just 24.8 minutes.
Potential considerations include a competitive housing market where the typical home costs $579,800. However, Island Walk’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Island Walk has a population of 2,724 with a median age of 67.7 years. Compare Island Walk with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Island Walk
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Edgewood | 2,710 | $79,345 | $452,400 | Compare |
| Hypoluxo | 2,744 | $79,583 | $249,900 | Compare |
| Bay Pines | 2,700 | $67,012 | $248,400 | Compare |
| Cleveland | 2,690 | $48,422 | $173,600 | Compare |
| Haverhill | 2,687 | $74,808 | $354,300 | Compare |
| Bonifay | 2,782 | $39,630 | $116,000 | Compare |
| De Leon Springs | 2,784 | $53,468 | $240,000 | Compare |
| Inverness Highlands North | 2,785 | $58,859 | $166,300 | 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 Island Walk With Other Cities
Frequently Asked Questions about Island Walk
What is the population of Island Walk, FL?
The population of Island Walk, FL is 2,724 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 Island Walk?
The median household income in Island Walk, FL is $78,857 per year, which is 5% above the national median of $75,149.
What is the median home value in Island Walk?
The median home value in Island Walk, FL is $579,800, which is 137% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Island Walk?
The median monthly rent in Island Walk, FL is $1,846, which is 59% above the national average of $1,163/month.
What is the unemployment rate in Island Walk?
The unemployment rate in Island Walk, FL is 12.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Island Walk, FL a good place to live?
Island Walk offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,724 and a median age of 67.7, the city appeals to established professionals and retirees.
How educated is Island Walk, FL?
45.6% of residents in Island Walk aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Island Walk?
Key cost-of-living indicators for Island Walk, FL: median home value is $579,800 (137% above national), median rent is $1,846/month, and median household income is $78,857. The home-value-to-income ratio is 7.4x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Island Walk?
The poverty rate in Island Walk, FL is 8.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Island Walk, FL?
Island Walk's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.5% Asian, and 0.0% two or more races. 16.2% of residents are foreign-born.