Pelican Bay, FL
Population 6,575 · Florida
About Pelican Bay, FL
Pelican Bay is a small town located in Florida with a population of 6,575 residents according to the latest US Census Bureau American Community Survey data. The median household income is $159,187 per year, which is 112% above the national median of $75,149. The median age of 73.8 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 Pelican Bay features a median home value of $1,206,200, which is 393% above the national median of $244,900. This places Pelican Bay in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 6,810 total housing units, 95% are owner-occupied (3,554 units) and 5% are renter-occupied (201 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pelican Bay shows an unemployment rate of 8.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Pelican Bay have an average one-way commute time of 17.9 minutes, one of the shorter commutes in the region.
Education & Demographics
74.3% of Pelican Bay 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.7% Asian residents, with 11.2% of the population being foreign-born.
How Pelican Bay Ranks in Florida
Cost of Living in Pelican Bay, FL
Compared to national averages, Pelican Bay has a median household income of $159,187 (112% above the national median of $75,149). Home values average $1,206,200, which is 393% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Florida, Pelican Bay's income is 110% above the state average of $75,893, and home values are 241% above the state median of $353,675.
Why Live in Pelican Bay, FL?
Pelican Bay offers a strong local economy with a median household income of $159,187, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 74.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.2%, better than the national average, and short commute times averaging just 17.9 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,206,200. However, Pelican Bay’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pelican Bay has a population of 6,575 with a median age of 73.8 years. Compare Pelican Bay with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Pelican Bay
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Treasure Island | 6,568 | $82,340 | $573,500 | Compare |
| Kathleen | 6,527 | $57,302 | $180,900 | Compare |
| Gulf Breeze | 6,519 | $108,575 | $484,800 | Compare |
| Indiantown | 6,646 | $52,372 | $189,000 | Compare |
| Ocean City | 6,480 | $56,160 | $325,600 | Compare |
| South Patrick Shores | 6,726 | $86,048 | $410,800 | Compare |
| River Park | 6,415 | $57,370 | $196,500 | Compare |
| Sanibel | 6,402 | $122,730 | $912,200 | 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 Pelican Bay With Other Cities
Frequently Asked Questions about Pelican Bay
What is the population of Pelican Bay, FL?
The population of Pelican Bay, FL is 6,575 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 Pelican Bay?
The median household income in Pelican Bay, FL is $159,187 per year, which is 112% above the national median of $75,149.
What is the median home value in Pelican Bay?
The median home value in Pelican Bay, FL is $1,206,200, which is 393% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pelican Bay?
The median monthly rent in Pelican Bay, FL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Pelican Bay?
The unemployment rate in Pelican Bay, FL is 8.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Pelican Bay, FL a good place to live?
Pelican Bay offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,575 and a median age of 73.8, the city appeals to established professionals and retirees.
How educated is Pelican Bay, FL?
74.3% of residents in Pelican Bay 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 Pelican Bay?
Key cost-of-living indicators for Pelican Bay, FL: median home value is $1,206,200 (393% above national), median rent is $0/month, and median household income is $159,187. The home-value-to-income ratio is 7.6x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Pelican Bay?
The poverty rate in Pelican Bay, FL is 6.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Pelican Bay, FL?
Pelican Bay's population is 0.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.7% Asian, and 0.8% two or more races. 11.2% of residents are foreign-born.