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Carrabelle, Florida Demographics & Population 2026

During the 2020–2024 ACS period, Carrabelle, Florida had a total population of 2,438, the 642nd largest city in Florida, with a median household income of $49,792, which is 33% lower than the state average. The poverty rate is 21.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Carrabelle Quick Facts

Population 2,438
Median Household Income $49,792
Median Home Value $217,900
Poverty Rate 21.6%
Unemployment Rate 8.2%
Median Age 37.9 years
Homeownership Rate 67.3%
Affordability Ratio 4.4x
Bachelor's Degree or Higher 7.2%
High School Graduation Rate 68.5%
Diversity Index 64/100
Population 2,438 642nd of 955
Median Income $49,792 bottom 20%
Poverty Rate 21.6% 73% higher than national
Median Home Value $217,900 bottom 30%

How Carrabelle Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,1452,438-22.5%
Median household income$57,143$49,792-12.9%
Median home value$149,600$217,900+45.7%

How Carrabelle Compares

Economy & Housing

Household Income Distribution

Under $25K 29.3%
$25K-$50K 21.1%
$50K-$100K 26.0%
$100K+ 23.6%
Detailed income brackets
Under $10K
6.4%
$10K-$15K
5.9%
$15K-$20K
1.3%
$20K-$25K
15.7%
$25K-$30K
4.6%
$30K-$35K
4.9%
$35K-$40K
5.1%
$40K-$45K
1.8%
$45K-$50K
4.6%
$50K-$60K
10.8%
$60K-$75K
7.7%
$75K-$100K
7.5%
$100K-$125K
6.4%
$125K-$150K
7.7%
$150K-$200K
5.1%
$200K+
4.4%

Employment

8.2% Unemployment Rate State: 4.8%|National: 5.2%
18.1% Labor Force Participation

Housing Overview

Owner 67.3%
Renter 32.6%
Affordability Index Moderate
4.4x home value to income ratio
Median gross rent $914/mo 22.0% of median household income annually

People & Demographics

Diversity Index

64out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 65 | National average: 61

Education

Carrabelle Rankings in Florida

#642 Population of 955
#779 Median Income of 911
#889 Education of 955
#695 Home Value of 901

Other Cities in Franklin County

CityPopulationMedian IncomePovertyHome Value
Eastpoint 3,163 $68,258 18.8% $201,000
Apalachicola 2,431 $51,875 15.7% $288,000
St. George Island 1,133 $137,899 7.2% $693,000

Cities Similar to Carrabelle

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Tavernier2,413$50,256$613,70031.2%17.6%
Apalachicola2,431$51,875$288,00034.4%15.7%
Manatee Road2,426$51,708$155,40015.5%19.9%
Lake Placid2,477$47,018$261,30021.5%23.8%
Harlem2,420$46,038$56,2001.6%6.7%

Population Overview

Carrabelle is a small community located in Florida, within Franklin County. The total population is 2,438. It ranks as the 642nd most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Carrabelle is 37.9 years. This is 11% lower than the state median of 42.6 years. Only 6.2% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Carrabelle is $49,792. This is 33% lower than the state median of $74,568. It is also 38% lower than the national median of $80,734. The poverty rate stands at 21.6%. This is 72% 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 8.2%. This is 70% higher than the state rate of 4.8%. The median home value is $217,900. Housing costs are 39% lower than the state median of $359,000. The home-value-to-income ratio is 4.4x. 67.3% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Carrabelle is White (non-Hispanic), making up 50.9% of the population. Black or African American residents account for 28.7%. The Black or African American population is significantly higher than the state average (28.7% vs 14.6%). The Hispanic or Latino population (12.6%) is well below the state average of 27.4%. The Asian population (0.1%) is well below the state average of 2.9%.

Education

7.2% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 79% 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 68.5%.

Data Sources & Methodology

All demographic data for Carrabelle, 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 Carrabelle, Florida?

Carrabelle, Florida has a population of 2,438 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Carrabelle, FL?

The median household income in Carrabelle is $49,792, which is 38% lower than the national median of $80,734.

What is the poverty rate in Carrabelle, FL?

The poverty rate in Carrabelle is 21.6%. This means approximately 199 residents live below the federal poverty line.

What is the racial makeup of Carrabelle, Florida?

Carrabelle's population is 50.9% White, 28.7% Black, 12.6% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Carrabelle, FL?

The median home value in Carrabelle is $217,900. The home-value-to-income ratio is 4.4x.

How educated is Carrabelle, Florida?

7.2% of adults (25+) in Carrabelle hold a bachelor's degree or higher, and 3.4% hold a graduate or professional degree.