McGregor, FL
Population 8,198 · Florida
About McGregor, FL
McGregor is a small town located in Florida with a population of 8,198 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,578 per year, which is 18% above the national median of $75,149. The median age of 58.8 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 McGregor features a median home value of $413,000, which is 69% above the national median of $244,900. This places McGregor in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,544, 33% above the national average of $1,163/month. Of the 5,124 total housing units, 76% are owner-occupied (2,997 units) and 24% are renter-occupied (967 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in McGregor shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 4.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in McGregor have an average one-way commute time of 23.3 minutes.
Education & Demographics
50.3% of McGregor 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 0.3% White, 0.7% Hispanic or Latino, 0.8% Black or African American, and 5.4% Asian residents, with 8.9% of the population being foreign-born.
Cost of Living in McGregor, FL
Compared to national averages, McGregor has a median household income of $88,578 (18% above the national median of $75,149). Home values average $413,000, which is 69% above the national median. Monthly rent at $1,544 is 33% above the US average of $1,163. Within Florida, McGregor's income is 17% above the state average of $75,893, and home values are 17% above the state median of $353,675.
Why Live in McGregor, FL?
McGregor offers a strong local economy with a median household income of $88,578, well above the national average, and a well-educated community where 50.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.6%, better than the national average. Additionally, the city features short commute times averaging just 23.3 minutes.
Potential considerations include a competitive housing market where the typical home costs $413,000. However, McGregor’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
McGregor has a population of 8,198 with a median age of 58.8 years. Compare McGregor with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near McGregor
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Odessa | 8,170 | $116,870 | $503,400 | Compare |
| Springfield | 8,157 | $51,640 | $177,500 | Compare |
| Lely Resort | 8,296 | $100,163 | $599,000 | Compare |
| Gulf Gate | 8,317 | $64,724 | $344,500 | Compare |
| Westgate | 8,369 | $50,441 | $242,600 | Compare |
| North Bay Village | 8,004 | $80,761 | $448,000 | Compare |
| North Weeki Wachee | 7,967 | $63,235 | $286,900 | Compare |
| Fruitland Park | 8,482 | $78,359 | $375,100 | 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 McGregor With Other Cities
Frequently Asked Questions about McGregor
What is the population of McGregor, FL?
The population of McGregor, FL is 8,198 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 McGregor?
The median household income in McGregor, FL is $88,578 per year, which is 18% above the national median of $75,149.
What is the median home value in McGregor?
The median home value in McGregor, FL is $413,000, which is 69% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in McGregor?
The median monthly rent in McGregor, FL is $1,544, which is 33% above the national average of $1,163/month.
What is the unemployment rate in McGregor?
The unemployment rate in McGregor, FL is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is McGregor, FL a good place to live?
McGregor offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 8,198 and a median age of 58.8, the city appeals to established professionals and retirees.
How educated is McGregor, FL?
50.3% of residents in McGregor 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 McGregor?
Key cost-of-living indicators for McGregor, FL: median home value is $413,000 (69% above national), median rent is $1,544/month, and median household income is $88,578. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in McGregor?
The poverty rate in McGregor, FL is 4.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is McGregor, FL?
McGregor's population is 0.3% White, 0.7% Hispanic or Latino, 0.8% Black or African American, 5.4% Asian, and 0.0% two or more races. 8.9% of residents are foreign-born.