IncomeBy County

Holmes County, Florida

Income Data

U.S. Census Bureau ACS
-26% vs. Florida average
$48,236
Median Household Income
$24,505
Per Capita Income

At a Glance

Median Household Income
$48,236
-26% vs. state avg
Per Capita Income
$24,505
-38% vs. national
Income-to-Housing Ratio
47.6%
income as % of home value
Rank in Florida
#58 / 67
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Holmes County Compares

Holmes County$48,236
Florida Average$65,468
National Median$74,755

Detailed Income Statistics

$48,236
Median Household Income
$24,505
Per Capita Income
$101,400
Median Home Value
47.6%
Income-to-Housing Ratio

Income Advisory: Holmes County

Income Verdict

Holmes County has a median household income of $48,236 and per capita income of $24,505 — a gap of $23,731, suggesting a typical mix of dual-income and single-earner households.

Housing Affordability

With median gross rent at $823/month and a median household income of $48,236, rent consumes approximately 20.5% of monthly income — well within affordable thresholds.

Economic Context

With a median household income of $48,236, residents of Holmes County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $24,505 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.

Neighbor Context

Holmes County earns approximately 26.3% below the Florida state median household income of $65,468.

Data Story

About Household Income in Holmes County, Florida

Holmes faces significant income gap

Holmes County's median household income of $48,236 falls $26,519 below the national median of $74,755, placing it among the lowest-income counties in America. The 35% shortfall reflects the challenges of rural Panhandle economies.

Holmes ranks among Florida's lowest

At $48,236, Holmes County's median household income trails Florida's state average of $65,468 by more than $17,000. The county ranks near the bottom of Florida's 67 counties for household earnings.

Holmes struggles alongside Jackson County

Holmes County's $48,236 matches the income levels of nearby Jackson County ($47,327), both facing similar rural economic constraints. Together they represent some of Florida's most economically challenged regions.

Housing affordability is a strength

Holmes County's low rent-to-income ratio of 20.5% and median home value of $101,400 make housing the county's economic advantage. For households earning $48,000, local housing remains significantly more affordable than state and national norms.

Start small, build steady

Holmes County households at $48,000 income can build wealth through automatic savings programs and employer retirement plans, no matter how modest. Consistent contributions over time create financial progress and reduce long-term economic vulnerability.

Frequently Asked Questions

What is the median household income in Holmes County, Florida?
The median household income in Holmes County, Florida is $48,236, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Holmes County?
The per capita income in Holmes County is $24,505, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $48,236.
How does Holmes County compare to the Florida average?
Holmes County's median household income of $48,236 is lower than the Florida state average of $65,468. The per capita income is $24,505, compared to the state average of $35,698.
What is the per capita income in Holmes County, Florida?
The per capita income in Holmes County, Florida is $24,505, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Holmes County a low-income area in Florida?
Holmes County's median household income of $48,236 is below the Florida average of $65,468. The per capita income of $24,505 is also lower than the state average of $35,698. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Holmes County rank for income in Florida?
Holmes County ranks #58 out of 67 counties in Florida by median household income (1 = highest). With a median household income of $48,236 and per capita income of $24,505, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Holmes County

$
1.00x

Your income is above the Holmes County median

County median: $48,236 per year

vs. County Median

+0%

vs. State Average

-26%

vs. National Median

-35%

vs. Holmes County MedianAbout equal
vs. Florida Average▼ 26% below
vs. National Median▼ 35% below

Income Adequacy

Monthly income covers median rent4.9x

Your monthly income ($4,020) vs. median rent ($823/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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$48,299
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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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