New Port Richey, FL
Population 17,057 · Florida
About New Port Richey, FL
New Port Richey is a mid-sized city located in Florida with a population of 17,057 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,160 per year, which is 39% below the national median of $75,149. The median age of 53.5 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 New Port Richey features a median home value of $164,600, which is 33% below the national median of $244,900. This positions New Port Richey in a moderately priced market relative to the rest of the country. Median monthly rent is $1,154, 1% below the national average of $1,163/month. Of the 9,423 total housing units, 57% are owner-occupied (4,632 units) and 43% are renter-occupied (3,424 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in New Port Richey shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.7%, above the national average of 12.4%. Workers in New Port Richey have an average one-way commute time of 27.6 minutes.
Education & Demographics
15.7% of New Port Richey 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 2.3% White, 1.0% Hispanic or Latino, 5.7% Black or African American, and 4.2% Asian residents, with 9.6% of the population being foreign-born.
Cost of Living in New Port Richey, FL
Compared to national averages, New Port Richey has a median household income of $46,160 (39% below the national median of $75,149). Home values average $164,600, which is 33% below the national median. Monthly rent at $1,154 is 1% below the US average of $1,163. Within Florida, New Port Richey's income is 39% below the state average of $75,893, and home values are 53% below the state median of $353,675.
Why Live in New Port Richey, FL?
New Port Richey offers affordable housing with a median home value of $164,600, below the US average of $244,900, and rent that’s lower than the national average at $1,154/month, and a strong job market with an unemployment rate of just 2.8%.
Potential considerations include median household income ($46,160) that falls below the national average. However, New Port Richey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Port Richey has a population of 17,057 with a median age of 53.5 years. Compare New Port Richey with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near New Port Richey
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Safety Harbor | 17,040 | $105,813 | $433,300 | Compare |
| Ojus | 17,101 | $64,667 | $298,500 | Compare |
| Upper Grand Lagoon | 17,162 | $73,438 | $351,400 | Compare |
| Viera West | 17,169 | $98,107 | $539,000 | Compare |
| Belle Glade | 16,818 | $47,191 | $141,100 | Compare |
| Mount Dora | 16,812 | $69,931 | $316,100 | Compare |
| Vero Beach | 16,785 | $67,351 | $392,500 | Compare |
| Wildwood | 16,739 | $71,858 | $419,700 | 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 New Port Richey With Other Cities
Frequently Asked Questions about New Port Richey
What is the population of New Port Richey, FL?
The population of New Port Richey, FL is 17,057 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 New Port Richey?
The median household income in New Port Richey, FL is $46,160 per year, which is 39% below the national median of $75,149.
What is the median home value in New Port Richey?
The median home value in New Port Richey, FL is $164,600, which is 33% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Port Richey?
The median monthly rent in New Port Richey, FL is $1,154, which is 1% below the national average of $1,163/month.
What is the unemployment rate in New Port Richey?
The unemployment rate in New Port Richey, FL is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Port Richey, FL a good place to live?
New Port Richey offers a moderate cost of living, affordable housing, and a strong job market. With a population of 17,057 and a median age of 53.5, the city appeals to established professionals and retirees.
How educated is New Port Richey, FL?
15.7% of residents in New Port Richey 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 New Port Richey?
Key cost-of-living indicators for New Port Richey, FL: median home value is $164,600 (33% below national), median rent is $1,154/month, and median household income is $46,160. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in New Port Richey?
The poverty rate in New Port Richey, FL is 12.7%, 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 New Port Richey, FL?
New Port Richey's population is 2.3% White, 1.0% Hispanic or Latino, 5.7% Black or African American, 4.2% Asian, and 5.3% two or more races. 9.6% of residents are foreign-born.