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Freeport, Florida Demographics & Population 2026

During the 2020–2024 ACS period, Freeport, Florida had a total population of 6,689, the 422nd largest city in Florida, with a median household income of $91,985, which is 23% higher than the state average. The poverty rate is 7.4%.

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

Freeport Quick Facts

Population 6,689
Median Household Income $91,985
Median Home Value $407,800
Poverty Rate 7.4%
Unemployment Rate 3.0%
Median Age 36.9 years
Homeownership Rate 71.8%
Affordability Ratio 4.4x
Bachelor's Degree or Higher 32.7%
High School Graduation Rate 93.3%
Diversity Index 41/100
Population 6,689 422nd of 955
Median Income $91,985 top 30%
Poverty Rate 7.4% 41% lower than national
Median Home Value $407,800 above average

How Freeport 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
Population6,2036,689+7.8%
Median household income$89,540$91,985+2.7%
Median home value$379,400$407,800+7.5%

How Freeport Compares

Economy & Housing

Household Income Distribution

Under $25K 8.5%
$25K-$50K 13.9%
$50K-$100K 33.5%
$100K+ 44.1%
Detailed income brackets
Under $10K
3.0%
$10K-$15K
2.3%
$15K-$20K
3.2%
$20K-$25K
0.0%
$25K-$30K
1.4%
$30K-$35K
3.1%
$35K-$40K
4.3%
$40K-$45K
3.0%
$45K-$50K
2.1%
$50K-$60K
8.4%
$60K-$75K
9.6%
$75K-$100K
15.5%
$100K-$125K
12.3%
$125K-$150K
11.6%
$150K-$200K
11.7%
$200K+
8.6%

Employment

3.0% Unemployment Rate State: 4.8%|National: 5.2%
68.0% Labor Force Participation

Housing Overview

Owner 71.8%
Renter 28.2%
Affordability Index Moderate
4.4x home value to income ratio
Median gross rent $1,859/mo 24.3% of median household income annually

People & Demographics

Diversity Index

41out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 65 | National average: 61

Education

Freeport Rankings in Florida

#422 Population of 955
#242 Median Income of 911
#407 Education of 955
#285 Home Value of 901

Other Cities in Walton County

CityPopulationMedian IncomePovertyHome Value
Miramar Beach 8,902 $103,250 4.5% $733,000
DeFuniak Springs 6,532 $54,512 20.2% $201,400
Paxton 686 $61,136 11.0% $171,200

Cities Similar to Freeport

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
High Springs6,544$94,421$320,70038.5%13.6%
Treasure Island6,553$87,107$621,60049.9%6.7%
Lochmoor Waterway Estates6,511$97,667$386,20039.8%9.6%
Gulf Breeze6,660$104,050$505,60057.3%6.0%
Vero Lake Estates6,559$83,199$328,20022.6%5.3%

Population Overview

Freeport is a small city located in Florida, within Walton County. The total population is 6,689. It ranks as the 422nd most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Freeport is 36.9 years. This is 13% lower than the state median of 42.6 years. With 28.1% of the population under 18, Freeport has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Freeport is $91,985. This is 23% higher than the state median of $74,568. It is also 14% higher than the national median of $80,734. The poverty rate stands at 7.4%. This is 41% lower than the state poverty rate of 12.6%. The unemployment rate is 3.0%. This is 37% lower than the state rate of 4.8%. The median home value is $407,800. Housing costs are 14% higher than the state median of $359,000. The home-value-to-income ratio is 4.4x. 71.8% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Freeport is White (non-Hispanic), making up 74.5% of the population. Hispanic or Latino residents account for 17.1%. The Black or African American population (1.4%) is well below the state average of 14.6%. The Asian population (0.7%) is well below the state average of 2.9%.

Education

32.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 4% 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 93.3%.

Data Sources & Methodology

All demographic data for Freeport, 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 Freeport, Florida?

Freeport, Florida has a population of 6,689 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Freeport, FL?

The median household income in Freeport is $91,985, which is 14% higher than the national median of $80,734.

What is the poverty rate in Freeport, FL?

The poverty rate in Freeport is 7.4%. This means approximately 491 residents live below the federal poverty line.

What is the racial makeup of Freeport, Florida?

Freeport's population is 74.5% White, 1.4% Black, 17.1% Hispanic/Latino, and 0.7% Asian.

What is the median home value in Freeport, FL?

The median home value in Freeport is $407,800. The home-value-to-income ratio is 4.4x.

How educated is Freeport, Florida?

32.7% of adults (25+) in Freeport hold a bachelor's degree or higher, and 8.4% hold a graduate or professional degree.