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Polk City, Florida Demographics & Population 2026

During the 2020–2024 ACS period, Polk City, Florida had a total population of 2,974, the 605th largest town in Florida, with a median household income of $79,762, which is 7% higher than the state average. The poverty rate is 12.2%.

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

Polk City Quick Facts

Population 2,974
Median Household Income $79,762
Median Home Value $293,900
Poverty Rate 12.2%
Unemployment Rate 3.1%
Median Age 42.0 years
Homeownership Rate 83.4%
Affordability Ratio 3.7x
Bachelor's Degree or Higher 22.5%
High School Graduation Rate 90.7%
Diversity Index 63/100
Population 2,974 605th of 955
Median Income $79,762 above average
Poverty Rate 12.2% 2% lower than national
Median Home Value $293,900 average

How Polk City 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
Population2,8842,974+3.1%
Median household income$83,333$79,762-4.3%
Median home value$287,600$293,900+2.2%

How Polk City Compares

Economy & Housing

Household Income Distribution

Under $25K 9.4%
$25K-$50K 19.7%
$50K-$100K 34.0%
$100K+ 37.0%
Detailed income brackets
Under $10K
1.2%
$10K-$15K
3.9%
$15K-$20K
3.3%
$20K-$25K
1.0%
$25K-$30K
5.1%
$30K-$35K
3.2%
$35K-$40K
5.3%
$40K-$45K
4.1%
$45K-$50K
2.0%
$50K-$60K
7.5%
$60K-$75K
10.9%
$75K-$100K
15.6%
$100K-$125K
15.3%
$125K-$150K
8.8%
$150K-$200K
5.5%
$200K+
7.3%

Employment

3.1% Unemployment Rate State: 4.8%|National: 5.2%
61.6% Labor Force Participation

Housing Overview

Owner 83.4%
Renter 16.6%
Affordability Index Affordable
3.7x home value to income ratio
Median gross rent $1,111/mo 16.7% of median household income annually

People & Demographics

Diversity Index

63out of 100
High Diversity

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

State average: 65 | National average: 61

Education

Polk City Rankings in Florida

#605 Population of 955
#351 Median Income of 911
#582 Education of 955
#536 Home Value of 901

Other Cities in Polk County

CityPopulationMedian IncomePovertyHome Value
Lakeland 119,961 $64,185 13.2% $249,400
Poinciana 75,068 $68,015 14.9% $290,700
Winter Haven 55,200 $59,648 16.4% $269,800
Haines City 34,234 $65,975 16.1% $288,900
Bartow 20,438 $68,178 18.1% $234,100
Auburndale 18,530 $77,911 9.6% $296,200
Lake Wales 16,785 $56,347 22.4% $239,300
Highland City 13,276 $90,947 5.9% $347,100
Davenport 13,238 $73,685 14.1% $333,300
Lakeland Highlands 12,102 $108,263 2.7% $385,000

Cities Similar to Polk City

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bal Harbour3,055$80,806$1,823,50061.4%20.1%
Haverhill2,823$79,787$424,50024.9%8.6%
Biscayne Park3,085$77,083$674,30047.1%29.5%
Pretty Bayou2,906$85,208$298,90048.6%5.8%
Vamo2,936$88,025$364,40056.3%2.0%

Population Overview

Polk City is a small community located in Florida, within Polk County. The total population is 2,974. It ranks as the 605th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Polk City is 42.0 years. This is 1% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Polk City is $79,762. This is 7% higher than the state median of $74,568. It is also 1% lower than the national median of $80,734. The poverty rate stands at 12.2%. This is 3% lower than the state poverty rate of 12.6%. The unemployment rate is 3.1%. This is 36% lower than the state rate of 4.8%. The median home value is $293,900. Housing costs are 18% lower than the state median of $359,000. The home-value-to-income ratio is 3.7x. 83.4% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Polk City is White (non-Hispanic), making up 47.4% of the population. Hispanic or Latino residents account for 37.9%. The Black or African American population (6.3%) is well below the state average of 14.6%. The Asian population (0.9%) is well below the state average of 2.9%.

Education

22.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 34% 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 90.7%.

Data Sources & Methodology

All demographic data for Polk City, 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 Polk City, Florida?

Polk City, Florida has a population of 2,974 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Polk City, FL?

The median household income in Polk City is $79,762, which is 1% lower than the national median of $80,734.

What is the poverty rate in Polk City, FL?

The poverty rate in Polk City is 12.2%. This means approximately 364 residents live below the federal poverty line.

What is the racial makeup of Polk City, Florida?

Polk City's population is 47.4% White, 6.3% Black, 37.9% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Polk City, FL?

The median home value in Polk City is $293,900. The home-value-to-income ratio is 3.7x.

How educated is Polk City, Florida?

22.5% of adults (25+) in Polk City hold a bachelor's degree or higher, and 7.4% hold a graduate or professional degree.