Waldo city, Florida Demographics & Population 2026

Population Overview

Waldo city is a small community located in Florida. The total population is 877. It ranks as the 795th most populous out of 953 cities and towns in Florida.

Age Demographics

The median age in Waldo city is 62.3 years. This is 46% higher than the state median of 42.6 years. Only 12.2% of residents are under 18, indicating fewer families with children. 12.3% 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 Waldo city is $27,036. This is 62% lower than the state median of $71,711. Compared to the national median of $78,538, household income here is 66% lower. The poverty rate stands at 14.2%. This is 13% higher than the state poverty rate of 12.6%. The unemployment rate is 3.6%. This is 25% lower than the state rate of 4.8%. The median home value is $112,200. Housing costs are 65% lower than the state median of $325,000. The home-value-to-income ratio is 4.2x. 69.1% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Waldo city is White (non-Hispanic), making up 62.7% of the population. Black or African American residents account for 18.2%. The Hispanic or Latino population (12.9%) is well below the state average of 26.8%.

Education

4.9% 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 85% lower than the state rate of 33.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 79.2%.

Data Sources & Methodology

All demographic data for Waldo city, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 953 Census-designated places in Florida. For official data, visit data.census.gov.