Newberry, FL
Population 7,608 · Florida
About Newberry, FL
Newberry is a small town located in Florida with a population of 7,608 residents according to the latest US Census Bureau American Community Survey data. The median household income is $100,513 per year, which is 34% above the national median of $75,149. The median age of 34.4 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 Newberry features a median home value of $268,800, which is 10% above the national median of $244,900. This positions Newberry in a moderately priced market relative to the rest of the country. Median monthly rent is $1,047, 10% below the national average of $1,163/month. Of the 2,998 total housing units, 88% are owner-occupied (2,348 units) and 12% are renter-occupied (331 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Newberry shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 9.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Newberry have an average one-way commute time of 29.1 minutes.
Education & Demographics
34.5% of Newberry 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 4.3% White, 0.2% Hispanic or Latino, 5.7% Black or African American, and 8.7% Asian residents, with 10.2% of the population being foreign-born.
Cost of Living in Newberry, FL
Compared to national averages, Newberry has a median household income of $100,513 (34% above the national median of $75,149). Home values average $268,800, which is 10% above the national median. Monthly rent at $1,047 is 10% below the US average of $1,163. Within Florida, Newberry's income is 32% above the state average of $75,893, and home values are 24% below the state median of $353,675.
Why Live in Newberry, FL?
Newberry offers a strong local economy with a median household income of $100,513, well above the national average, and rent that’s lower than the national average at $1,047/month, and a well-educated community where 34.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.7%, better than the national average.
Newberry has a population of 7,608 with a median age of 34.4 years. Compare Newberry with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Newberry
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Beacon Square | 7,643 | $52,598 | $147,100 | Compare |
| Arcadia | 7,571 | $38,388 | $158,900 | Compare |
| Dade City | 7,570 | $63,041 | $211,900 | Compare |
| Southwest Ranches | 7,569 | $157,390 | $841,900 | Compare |
| Macclenny | 7,558 | $63,640 | $227,500 | Compare |
| Inverness | 7,672 | $44,899 | $168,100 | Compare |
| Loughman | 7,535 | $64,926 | $289,600 | Compare |
| Longboat Key | 7,512 | $143,365 | $959,200 | 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 Newberry With Other Cities
Frequently Asked Questions about Newberry
What is the population of Newberry, FL?
The population of Newberry, FL is 7,608 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 Newberry?
The median household income in Newberry, FL is $100,513 per year, which is 34% above the national median of $75,149.
What is the median home value in Newberry?
The median home value in Newberry, FL is $268,800, which is 10% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Newberry?
The median monthly rent in Newberry, FL is $1,047, which is 10% below the national average of $1,163/month.
What is the unemployment rate in Newberry?
The unemployment rate in Newberry, FL is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Newberry, FL a good place to live?
Newberry offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 7,608 and a median age of 34.4, the city appeals to young professionals and families.
How educated is Newberry, FL?
34.5% of residents in Newberry 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 Newberry?
Key cost-of-living indicators for Newberry, FL: median home value is $268,800 (10% above national), median rent is $1,047/month, and median household income is $100,513. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Newberry?
The poverty rate in Newberry, FL is 9.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Newberry, FL?
Newberry's population is 4.3% White, 0.2% Hispanic or Latino, 5.7% Black or African American, 8.7% Asian, and 14.7% two or more races. 10.2% of residents are foreign-born.