Punta Gorda, FL
Population 19,886 · Florida
About Punta Gorda, FL
Punta Gorda is a mid-sized city located in Florida with a population of 19,886 residents according to the latest US Census Bureau American Community Survey data. The median household income is $79,291 per year, which is 6% above the national median of $75,149. The median age of 66.5 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 Punta Gorda features a median home value of $482,300, which is 97% above the national median of $244,900. This places Punta Gorda in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,235, 6% above the national average of $1,163/month. Of the 13,426 total housing units, 83% are owner-occupied (8,316 units) and 17% are renter-occupied (1,690 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Punta Gorda shows an unemployment rate of 5.2%, which is near the national rate of 3.7%. The poverty rate stands at 9.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Punta Gorda have an average one-way commute time of 26.7 minutes.
Education & Demographics
40.5% of Punta Gorda 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 0.3% White, 1.4% Hispanic or Latino, 1.0% Black or African American, and 1.0% Asian residents, with 7.5% of the population being foreign-born.
Cost of Living in Punta Gorda, FL
Compared to national averages, Punta Gorda has a median household income of $79,291 (6% above the national median of $75,149). Home values average $482,300, which is 97% above the national median. Monthly rent at $1,235 is 6% above the US average of $1,163. Within Florida, Punta Gorda's income is 4% above the state average of $75,893, and home values are 36% above the state median of $353,675.
Why Live in Punta Gorda, FL?
Punta Gorda offers a strong local economy with a median household income of $79,291, well above the national average, and a well-educated community where 40.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $482,300. However, Punta Gorda’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Punta Gorda has a population of 19,886 with a median age of 66.5 years. Compare Punta Gorda with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Punta Gorda
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bartow | 19,801 | $66,944 | $210,400 | Compare |
| Palm Valley | 19,775 | $118,280 | $646,200 | Compare |
| Tavares | 19,738 | $57,644 | $225,500 | Compare |
| Bradfordville | 19,548 | $129,276 | $358,400 | Compare |
| Sweetwater | 19,544 | $55,154 | $251,000 | Compare |
| Lynn Haven | 19,451 | $83,093 | $286,700 | Compare |
| Naples | 19,421 | $140,833 | $1,254,200 | Compare |
| Englewood | 19,385 | $65,557 | $295,600 | 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 Punta Gorda With Other Cities
Frequently Asked Questions about Punta Gorda
What is the population of Punta Gorda, FL?
The population of Punta Gorda, FL is 19,886 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 Punta Gorda?
The median household income in Punta Gorda, FL is $79,291 per year, which is 6% above the national median of $75,149.
What is the median home value in Punta Gorda?
The median home value in Punta Gorda, FL is $482,300, which is 97% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Punta Gorda?
The median monthly rent in Punta Gorda, FL is $1,235, which is 6% above the national average of $1,163/month.
What is the unemployment rate in Punta Gorda?
The unemployment rate in Punta Gorda, FL is 5.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Punta Gorda, FL a good place to live?
Punta Gorda offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 19,886 and a median age of 66.5, the city appeals to established professionals and retirees.
How educated is Punta Gorda, FL?
40.5% of residents in Punta Gorda 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 Punta Gorda?
Key cost-of-living indicators for Punta Gorda, FL: median home value is $482,300 (97% above national), median rent is $1,235/month, and median household income is $79,291. The home-value-to-income ratio is 6.1x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Punta Gorda?
The poverty rate in Punta Gorda, FL is 9.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Punta Gorda, FL?
Punta Gorda's population is 0.3% White, 1.4% Hispanic or Latino, 1.0% Black or African American, 1.0% Asian, and 3.7% two or more races. 7.5% of residents are foreign-born.