Punta Rassa, FL
Population 1,317 · Florida
About Punta Rassa, FL
Punta Rassa is a small town located in Florida with a population of 1,317 residents according to the latest US Census Bureau American Community Survey data. The median household income is $94,318 per year, which is 26% above the national median of $75,149. The median age of 81.2 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 Rassa features a median home value of $703,900, which is 187% above the national median of $244,900. This places Punta Rassa in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,719, 134% above the national average of $1,163/month. Of the 1,365 total housing units, 38% are owner-occupied (305 units) and 62% are renter-occupied (491 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Punta Rassa shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Punta Rassa have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
57.0% of Punta Rassa 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 0.0% White, 0.0% Hispanic or Latino, 0.8% Black or African American, and 0.0% Asian residents, with 5.4% of the population being foreign-born.
Cost of Living in Punta Rassa, FL
Compared to national averages, Punta Rassa has a median household income of $94,318 (26% above the national median of $75,149). Home values average $703,900, which is 187% above the national median. Monthly rent at $2,719 is 134% above the US average of $1,163. Within Florida, Punta Rassa's income is 24% above the state average of $75,893, and home values are 99% above the state median of $353,675.
Why Live in Punta Rassa, FL?
Punta Rassa offers a strong local economy with a median household income of $94,318, well above the national average, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 57.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.8%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include a competitive housing market where the typical home costs $703,900. However, Punta Rassa’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Punta Rassa has a population of 1,317 with a median age of 81.2 years. Compare Punta Rassa with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Punta Rassa
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lawtey | 1,317 | $55,000 | $160,900 | Compare |
| Redington Beach | 1,309 | $112,250 | $759,300 | Compare |
| Homestead Base | 1,334 | $9,960 | $0 | Compare |
| Baldwin | 1,297 | $55,862 | $167,200 | Compare |
| Yalaha | 1,343 | $116,544 | $452,900 | Compare |
| Palm Beach Shores | 1,290 | $82,083 | $657,200 | Compare |
| San Antonio | 1,352 | $89,079 | $357,400 | Compare |
| Crystal Springs | 1,362 | $62,194 | $152,800 | 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 Rassa With Other Cities
Frequently Asked Questions about Punta Rassa
What is the population of Punta Rassa, FL?
The population of Punta Rassa, FL is 1,317 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 Punta Rassa?
The median household income in Punta Rassa, FL is $94,318 per year, which is 26% above the national median of $75,149.
What is the median home value in Punta Rassa?
The median home value in Punta Rassa, FL is $703,900, which is 187% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Punta Rassa?
The median monthly rent in Punta Rassa, FL is $2,719, which is 134% above the national average of $1,163/month.
What is the unemployment rate in Punta Rassa?
The unemployment rate in Punta Rassa, FL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Punta Rassa, FL a good place to live?
Punta Rassa offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,317 and a median age of 81.2, the city appeals to established professionals and retirees.
How educated is Punta Rassa, FL?
57.0% of residents in Punta Rassa 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 Rassa?
Key cost-of-living indicators for Punta Rassa, FL: median home value is $703,900 (187% above national), median rent is $2,719/month, and median household income is $94,318. The home-value-to-income ratio is 7.5x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Punta Rassa?
The poverty rate in Punta Rassa, FL is 5.8%, 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 Rassa, FL?
Punta Rassa's population is 0.0% White, 0.0% Hispanic or Latino, 0.8% Black or African American, 0.0% Asian, and 0.2% two or more races. 5.4% of residents are foreign-born.