8 / 100

Columbia County, FL

RANK #916 / 996  ·  POP 69,832  ·  FL

PROJECTED GROWTH: -1.9%

Columbia County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Columbia County?

Columbia County, Florida, is often recognized for its abundance of natural springs, with Ichetucknee Springs State Park being a notable highlight where visitors can tube, kayak, or snorkel in clear waters. Located in North Florida, the county seat, Lake City, was once known as "Alligator Town" and later "Gateway to Florida." The area maintains a rural and small-town feel, even with its position at the intersection of I-10 and I-75, which provides connections to larger cities. Beyond the springs, outdoor enthusiasts can explore the Osceola National Forest, offering miles of trails for hiking and equestrian activities, or visit O'Leno State Park, one of Florida's first state parks.

Life in Columbia County offers a blend of natural amenities and a community-focused atmosphere. The public school district, based in Lake City, serves nearly 10,000 students and is rated above average. While public transit options are limited, demand-response services are available. The local economy is experiencing growth, with recent recognition for rural economic development. This growth is supported by investments in sectors such as advanced manufacturing, agriculture, logistics, and data centers, attracting new businesses and residents to the area.

[02] Market Snapshot

Housing Ratio
4.3x

Below national median (4.7x)

GDP Growth
+3.3%

Above national median

Home Prices
-0.5%

Prices declining

Climate & Terrain
0.6

Moderate climate & terrain

Price/Rent
9x

Strong rental yield

Housing is fairly valued at 4.3x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Columbia County U.S. National

The Numbers

DEMOGRAPHICS
Population
69,832
+0.82% YoY
Median Household Income
$53,501
Median Home Value
$165,300
-0.46% 12mo
Median Rent
$905
Average Annual Pay
$51,261
+3.7% YoY
Employment
24,644
+0.3% YoY
Income-to-Home-Value
0.3237
More affordable than average
Migration Inflow
7.15%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$305,000
Days on Market
128
Slower market
Months of Supply
14.4
Buyer's market
Sale-to-List Ratio
94.2%
Negotiation room for buyers
Sold Above List
6.2%
Listings w/ Price Drops
20.8%
Building Permits (2024)
178
Single-Family Permits
174

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,724M
TOTAL
PROJECT AMOUNT STATUS
Columbia County Data Center (Appling)
Undisclosed (developers responsible for $80M cooling infrastructure)
$500M Planned
Pumpkin Center Data Center
Undisclosed
$500M Approved
White Oak Data Center
Undisclosed
$500M Approved
Columbia Solar Power Plant
Duke Energy Florida
$75M Operating
Santa Fe Solar Power Plant
Duke Energy Florida
$75M Operating
Sunshine Gateway Solar Energy Center
Florida Power & Light Co.
$74M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.3% 62 percentile
Population Growth +0.8% 65 percentile
Income Growth +12.0% 96 percentile
Vacancy Rate 0.7% 80 percentile
Home Price Change -0.5% 26 percentile
Rent Growth -0.3% 9 percentile
Price/Rent 9x 96 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Columbia County, FL a good place to move to?

Columbia County has a Boom Town Index score of 8/100, ranking #916 among 996 U.S. counties. With job growth at +0.3% and a median household income of $53,501, it faces some economic headwinds compared to faster-growing counties.

Is Columbia County affordable?

The median home value in Columbia County is $165,300 with median rent at $905/month. The income-to-home-value ratio is 0.3237, which is more affordable than the national average.

Is Columbia County growing or shrinking?

Population growth: +0.8% year-over-year. Job growth: +0.3%. Home values changed -0.5% in the past 12 months.

Are people moving to Columbia County?

Yes — 7.15% of Columbia County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Escambia County, FL 18 Monterey County, CA 18 Arlington County, VA 18 Clallam County, WA 18 Mohave County, AZ 18 Cherokee County, GA 18 Baltimore city, MD 18 Henderson County, NC 18