Bonifay, Florida Demographics & Population 2026
Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology
During the 2020–2024 ACS period, Bonifay, Florida had a total population of 2,797, the 619th largest city in Florida, with a median household income of $40,896, which is 45% lower than the state average. The poverty rate is 22.1%.
Key Takeaways
- Household income is 45% below the state average, indicating significant economic challenges.
Bonifay Quick Facts
How Bonifay Changed
Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.
| Metric | 2015–2019 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,675 | 2,797 | +4.6% |
| Median household income | $45,173 | $40,896 | No clear change (-9.5%) |
| Median home value¹ | $132,424 | $142,100 | No clear change (+7.3%) |
| Median gross rent | $930 | $868 | No clear change (-6.7%) |
How Bonifay Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
- White: 71.8%
- Black: 12.1%
- Hispanic: 2.7%
- Asian: 0.5%
- Other: 2.0%
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
- < High School: 10.6%
- HS Diploma: 48.1%
- Some College: 21.9%
- Associate's: 6.2%
- Bachelor's: 8.3%
- Graduate+: 4.9%
Bonifay Rankings in Florida
Explore Florida Rankings
Other Cities in Holmes County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Ponce de Leon | 780 | $77,798 | 11.9% | $123,800 |
| Esto | 375 | $45,313 | 25.1% | $87,500 |
| Westville | 253 | $73,750 | 12.1% | $102,200 |
| Noma | 237 | $45,972 | 21.5% | $48,800 |
Cities Similar to Bonifay
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Watertown | 3,068 | $41,466 | $114,100 | 8.3% | 42.4% |
| Cleveland | 2,683 | $47,157 | $177,800 | 28.6% | 9.5% |
| Monticello | 2,659 | $46,343 | $211,000 | 24.3% | 23.3% |
| Dade City North | 2,803 | $32,277 | $185,900 | 2.5% | 41.4% |
| Graceville | 2,483 | $41,641 | $120,600 | 21.8% | 21.8% |
Population Overview
Bonifay is a small community located in Florida, within Holmes County. The total population is 2,797. It ranks as the 619th most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Bonifay is 41.9 years. This is 2% lower than the state median of 42.6 years. 15.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Bonifay is $40,896. This is 45% lower than the state median of $74,568. It is also 49% lower than the national median of $80,734. The poverty rate stands at 22.1%. This is 76% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 4.4%. This is 9% lower than the state rate of 4.8%. The median home value is $142,100. Housing costs are 60% lower than the state median of $359,000. The home-value-to-income ratio is 3.5x. 54.4% of occupied housing units are owner-occupied. This homeownership rate is 20% lower than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Bonifay is White (non-Hispanic), making up 71.8% of the population. Black or African American residents account for 12.1%. The Hispanic or Latino population (2.7%) is well below the state average of 27.4%. The Asian population (0.5%) is well below the state average of 2.9%.
Education
13.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 61% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.4%.
Data Sources & Methodology
All demographic data for Bonifay, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Bonifay, Florida?
Bonifay, Florida has a population of 2,797 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Bonifay, FL?
The median household income in Bonifay is $40,896, which is 49% lower than the national median of $80,734.
What is the poverty rate in Bonifay, FL?
The poverty rate in Bonifay is 22.1%. This means approximately 565 residents live below the federal poverty line.
What is the racial makeup of Bonifay, Florida?
Bonifay's population is 71.8% White, 12.1% Black, 2.7% Hispanic/Latino, and 0.5% Asian.
What is the median home value in Bonifay, FL?
The median home value in Bonifay is $142,100. The home-value-to-income ratio is 3.5x.
How educated is Bonifay, Florida?
13.2% of adults (25+) in Bonifay hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.