What is the median household income in Frostproof, FL?
The median household income in Frostproof, FL is $42,000 (±$7,320) a year (2020–2024 American Community Survey).
Paying the median gross rent of $697 a month would take about $27,900 a year at the common guideline of spending no more than 30% of income on rent.
In Frostproof, the median household income went from $42,990 in 2015–2019 to $42,000 in 2020–2024 (−2.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $42,000 (±$7,320)
- Median renter income
- $28,920 (±$11,146)
- Income to afford median rent
- about $27,900
Income in Frostproof against Polk County, its state and the nation
| Frostproof | Polk County | Florida | United States | |
|---|---|---|---|---|
| Median household income | $42,000 (±$7,320) | $65,978 (±$1,143) | $74,568 (±$284) | $80,734 |
| Median renter household income | $28,920 (±$11,146) | $50,423 (±$1,573) | $53,617 (±$353) | $52,966 |
| Median owner household income | $58,079 (±$9,488) | $75,442 (±$1,695) | $88,144 (±$469) | $100,009 |
| Median gross rent | $697 (±$337) | $1,363 (±$28) | $1,669 (±$5) | $1,413 |
In Frostproof, 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, Frostproof ranks 34 of 36 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 794 of 846.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Frostproof
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $697 a month ($8,364 a year) needs an income of about $27,900 a year.
The median renting household in Frostproof earns $28,920 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $42,990 (±$6,476) | $42,000 (±$7,320) | −2.3% | No measurable change after inflation |
| Median gross rent | $636 (±$136) | $697 (±$337) | +9.6% | No measurable change after inflation |
| Median home value | $79,800 (±$22,942) | $150,500 (±$39,284) | +88.6% | Up 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 Frostproof
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Frostproof | — | $42,000 (±$7,320) | — |
| Hillcrest Heights | 5.3 mi | $118,125 (±$32,820) | Higher |
| Babson Park | 5.9 mi | $48,177 (±$7,902) | Not measurably different |
| Crooked Lake Park | 6.9 mi | $60,395 (±$16,659) | Higher |
| Highland Park | 8.2 mi | $93,750 (±$75,018) | Not measurably different |
| Avon Park | 11 mi | $36,485 (±$4,055) | Not measurably different |
| Alturas | 11 mi | $70,231 (±$16,926) | Higher |
| Lake Wales | 13 mi | $56,347 (±$7,706) | Higher |
| Fort Meade | 17 mi | $36,657 (±$8,377) | Not measurably different |
Nearby places with a measurably higher figure: Hillcrest Heights, FL ($118,125), Crooked Lake Park, FL ($60,395), 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 |
|---|---|---|
| 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 9 of 36 places in Polk County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Frostproof
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Frostproof beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Frostproof, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Frostproof, and send estimates and invoices from your phone.
Questions about Frostproof
What is the median household income in Frostproof?
The median household income in Frostproof is $42,000 (±$7,320) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Frostproof?
About $27,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $697 a month.
Have incomes in Frostproof kept up with inflation?
In Frostproof, the median household income went from $42,990 in 2015–2019 to $42,000 in 2020–2024 (−2.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Frostproof?
The median renting household in Frostproof, FL earns $28,920 (±$11,146) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Frostproof city, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Frostproof city, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Frostproof city, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Frostproof city, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Frostproof city, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Frostproof city, 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 Frostproof city, Florida (place:24900, 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 Frostproof at a glance
- Median rent in Frostproof
- Renters and owners in Frostproof
- Home values in Frostproof
- Homeowner costs in Frostproof
- Property taxes in Frostproof
- Types of homes in Frostproof
- Bedrooms in Frostproof
- Age of homes in Frostproof
- Heating fuel in Frostproof
- Commute and cars in Frostproof
- Population growth in Frostproof
- How long people stay in Frostproof
- Florida landlord and tenant rules
- Housing across Polk County
- Florida places ranked by median household income
- Housing data for every place in Florida