Myrtle Grove, FL
Population 16,637 · Florida
About Myrtle Grove, FL
Myrtle Grove is a mid-sized city located in Florida with a population of 16,637 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,011 per year, which is 16% below the national median of $75,149. The median age of 31.8 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 Myrtle Grove features a median home value of $182,600, which is 25% below the national median of $244,900. This positions Myrtle Grove in a moderately priced market relative to the rest of the country. Median monthly rent is $1,278, 10% above the national average of $1,163/month. Of the 7,457 total housing units, 56% are owner-occupied (3,487 units) and 44% are renter-occupied (2,749 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Myrtle Grove shows an unemployment rate of 8.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 14.5%, above the national average of 12.4%. Workers in Myrtle Grove have an average one-way commute time of 24.1 minutes.
Education & Demographics
23.9% of Myrtle Grove 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 4.0% White, 2.1% Hispanic or Latino, 1.2% Black or African American, and 1.8% Asian residents, with 7.2% of the population being foreign-born.
Cost of Living in Myrtle Grove, FL
Compared to national averages, Myrtle Grove has a median household income of $63,011 (16% below the national median of $75,149). Home values average $182,600, which is 25% below the national median. Monthly rent at $1,278 is 10% above the US average of $1,163. Within Florida, Myrtle Grove's income is 17% below the state average of $75,893, and home values are 48% below the state median of $353,675.
Why Live in Myrtle Grove, FL?
Myrtle Grove offers affordable housing with a median home value of $182,600, below the US average of $244,900, and short commute times averaging just 24.1 minutes.
Potential considerations include median household income ($63,011) that falls below the national average. However, Myrtle Grove’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Myrtle Grove has a population of 16,637 with a median age of 31.8 years. Compare Myrtle Grove with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Myrtle Grove
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Palmetto Estates | 16,587 | $82,199 | $412,200 | Compare |
| Lake Mary | 16,724 | $116,944 | $462,200 | Compare |
| Wildwood | 16,739 | $71,858 | $419,700 | Compare |
| Vero Beach | 16,785 | $67,351 | $392,500 | Compare |
| Mount Dora | 16,812 | $69,931 | $316,100 | Compare |
| Belle Glade | 16,818 | $47,191 | $141,100 | Compare |
| Three Lakes | 16,426 | $91,364 | $434,800 | Compare |
| Brownsville | 16,391 | $38,460 | $285,100 | 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 Myrtle Grove With Other Cities
Frequently Asked Questions about Myrtle Grove
What is the population of Myrtle Grove, FL?
The population of Myrtle Grove, FL is 16,637 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 Myrtle Grove?
The median household income in Myrtle Grove, FL is $63,011 per year, which is 16% below the national median of $75,149.
What is the median home value in Myrtle Grove?
The median home value in Myrtle Grove, FL is $182,600, which is 25% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Myrtle Grove?
The median monthly rent in Myrtle Grove, FL is $1,278, which is 10% above the national average of $1,163/month.
What is the unemployment rate in Myrtle Grove?
The unemployment rate in Myrtle Grove, FL is 8.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Myrtle Grove, FL a good place to live?
Myrtle Grove offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 16,637 and a median age of 31.8, the city appeals to young professionals and families.
How educated is Myrtle Grove, FL?
23.9% of residents in Myrtle Grove 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 Myrtle Grove?
Key cost-of-living indicators for Myrtle Grove, FL: median home value is $182,600 (25% below national), median rent is $1,278/month, and median household income is $63,011. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Myrtle Grove?
The poverty rate in Myrtle Grove, FL is 14.5%, 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 Myrtle Grove, FL?
Myrtle Grove's population is 4.0% White, 2.1% Hispanic or Latino, 1.2% Black or African American, 1.8% Asian, and 16.5% two or more races. 7.2% of residents are foreign-born.