Oviedo, FL
Population 39,990 · Florida
About Oviedo, FL
Oviedo is a mid-sized city in Florida with a population of 39,990 residents. The median household income is $114,092 per year, which is above the national average. The median age in Oviedo is 37.2 years.
Housing in Oviedo has a median home value of $428,500 and median monthly rent of $1,963. Of the 13,823 total housing units, the majority are owner-occupied, with 10,243 owner-occupied and 3,032 renter-occupied units.
The unemployment rate in Oviedo is 4.6% and the poverty rate is 5.4%. 55.8% of residents hold a bachelor's degree or higher. The average commute time is 26.9 minutes.
Cost of Living in Oviedo, FL
Compared to national averages, Oviedo has a median household income of $114,092 (52% above the national median of $75,149). Home values average $428,500, which is 75% above the national median. Monthly rent at $1,963 is 69% above the US average of $1,163. Within Florida, Oviedo's income is 50% above the state average of $75,893, and home values are 21% above the state median of $353,675.
Why Live in Oviedo, FL?
Oviedo offers a strong local economy with a median household income of $114,092, well above the national average, and a well-educated community where 55.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $428,500. However, Oviedo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oviedo has a population of 39,990 with a median age of 37.2 years. Compare Oviedo with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Oviedo
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Plant City | 40,009 | $64,536 | $251,500 | Compare |
| DeLand | 39,832 | $73,352 | $303,500 | Compare |
| The Acreage | 40,188 | $105,405 | $464,400 | Compare |
| Lakewood Ranch | 39,434 | $123,471 | $626,500 | Compare |
| Aventura | 39,372 | $82,777 | $416,300 | Compare |
| Meadow Woods | 40,741 | $77,124 | $351,600 | Compare |
| Royal Palm Beach | 39,089 | $92,382 | $389,300 | Compare |
| Navarre | 38,988 | $98,522 | $352,300 | 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.
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Frequently Asked Questions about Oviedo
What is the population of Oviedo, FL?
The population of Oviedo, FL is 39,990 according to the latest Census data.
What is the median household income in Oviedo?
The median household income in Oviedo, FL is $114,092 per year.
What is the median home value in Oviedo?
The median home value in Oviedo, FL is $428,500.
What is the average rent in Oviedo?
The median monthly rent in Oviedo, FL is $1,963.
What is the unemployment rate in Oviedo?
The unemployment rate in Oviedo, FL is 4.6%.