Polk County
Florida · Pop. 780,890
Ranked #92 of 200 counties
42Moderate
Median Home Price
🏠$300K
5.0% YoY
Median Rent
🔑$1,450
Median Income
💰$52K
Rent Burden
📊33.5%
% of income to rent
Housing Shortage
🏗️28,000
estimated unit deficit
Building Permits (2024)
📋9,500
Price-to-Income Ratio
⚖️5.8x
Homeownership Rate
🏡66.0%
How Polk County Compares
| Metric | Polk County | Florida | National |
|---|---|---|---|
| Home Price | $300K | $381K | $410K |
| Rent | $1,450 | $1,719 | $1,500 |
| Income | $52K | $73K | $75K |
| Rent Burden | 33.5% | 37.8% | 30.0% |
| Homeownership | 66.0% | 68.0% | 65.0% |
Key Takeaways
- • Home prices are 27% below the national average.
- • Rent is 3% below the national average.
- • The county has an estimated housing shortage of 28,000 units.
- • 9,500 building permits were issued in 2024.
- • Year-over-year home prices changed by 5.0%.