What is the median household income in Babson Park, FL?
The median household income in Babson Park, FL is $48,177 (±$7,902) a year (2020–2024 American Community Survey).
In Babson Park, the median household income went from $55,526 in 2015–2019 to $48,177 in 2020–2024 (−13.2%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $48,177 (±$7,902)
Income in Babson Park against Polk County, its state and the nation
| Babson Park | Polk County | Florida | United States | |
|---|---|---|---|---|
| Median household income | $48,177 (±$7,902) | $65,978 (±$1,143) | $74,568 (±$284) | $80,734 |
| Median renter household income | — | $50,423 (±$1,573) | $53,617 (±$353) | $52,966 |
| Median owner household income | $48,516 (±$13,136) | $75,442 (±$1,695) | $88,144 (±$469) | $100,009 |
| Median gross rent | — | $1,363 (±$28) | $1,669 (±$5) | $1,413 |
In Babson Park, median household income is lower than in Polk County ($65,978).
It is also lower than in Florida ($74,568).
It is lower than the national figure ($80,734).
In Polk County, Babson Park ranks 32 of 36 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 744 of 846.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $55,526 (±$11,067) | $48,177 (±$7,902) | −13.2% | Down after inflation |
| Median home value | $120,300 (±$76,281) | $211,100 (±$51,801) | +75.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Babson Park
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Babson Park | — | $48,177 (±$7,902) | — |
| Hillcrest Heights | 0.8 mi | $118,125 (±$32,820) | Higher |
| Highland Park | 3.0 mi | $93,750 (±$75,018) | Not measurably different |
| Crooked Lake Park | 3.8 mi | $60,395 (±$16,659) | Not measurably different |
| Frostproof | 5.9 mi | $42,000 (±$7,320) | Not measurably different |
| Lake Wales | 7.4 mi | $56,347 (±$7,706) | Not measurably different |
| Alturas | 9.4 mi | $70,231 (±$16,926) | Higher |
| Dundee | 13 mi | $48,668 (±$11,821) | Not measurably different |
| Grenelefe | 15 mi | $59,939 (±$15,289) | Not measurably different |
Nearby places with a measurably higher figure: Hillcrest Heights, FL ($118,125), Alturas, FL ($70,231).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Polk County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 26 | Lake Wales | $56,347 (±$7,706) |
| 27 | Fussels Corner | $56,091 (±$7,328) |
| 28 | Inwood | $55,540 (±$8,497) |
| 29 | Jan Phyl Village | $53,571 (±$14,223) |
| 30 | Crystal Lake | $49,424 (±$7,032) |
| 31 | Dundee | $48,668 (±$11,821) |
| 32 | Babson Park | $48,177 (±$7,902) |
| 33 | Wahneta | $46,598 (±$9,769) |
| 34 | Frostproof | $42,000 (±$7,320) |
| 35 | Combee Settlement | $40,384 (±$9,183) |
| 36 | Fort Meade | $36,657 (±$8,377) |
Showing 11 of 36 places in Polk County, ranked from highest to lowest.
Babson Park is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Babson Park
What is the median household income in Babson Park?
The median household income in Babson Park is $48,177 (±$7,902) a year (2020–2024 American Community Survey).
Have incomes in Babson Park kept up with inflation?
In Babson Park, the median household income went from $55,526 in 2015–2019 to $48,177 in 2020–2024 (−13.2%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Babson Park CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Babson Park CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Babson Park CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Babson Park CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Babson Park CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Babson Park CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Babson Park CDP, Florida (place:02900, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Babson Park at a glance
- Home values in Babson Park
- Homeowner costs in Babson Park
- Types of homes in Babson Park
- Age of homes in Babson Park
- Heating fuel in Babson Park
- Commute and cars in Babson Park
- Population growth in Babson Park
- Florida landlord and tenant rules
- Housing across Polk County
- Florida places ranked by median household income
- Housing data for every place in Florida