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Flagler County, FL

RANK #926 / 996  ·  POP 117,515  ·  FL

PROJECTED GROWTH: -2.1%

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

[01] Why Flagler County?

Flagler Beach, with its iconic pier and cinnamon-colored sands, offers a distinctive "Old Florida" feel within Flagler County. The county is located on Florida's northeast coast, positioned between St. Augustine to the north and Daytona Beach to the south. Commutes within the county are generally short, often measured in minutes. The community embraces an outdoor lifestyle, boasting 19 miles of Atlantic coastline and over 90 miles of trails for hiking, biking, and paddling. Notable natural attractions include Washington Oaks Gardens State Park, known for its coquina rock formations and formal gardens, and Princess Place Preserve, home to the county's oldest intact structure and Florida's first in-ground swimming pool.

Life in Flagler County attracts a mix of families and retirees, drawn by the area's natural amenities and highly-rated public schools. While many residents commute to nearby cities for work, the local economy is expanding. Recent economic developments include growth in sectors such as advanced manufacturing, information technology, and agribusiness. The county has also seen investment in data centers and energy initiatives. Flagler County Public Transportation provides demand-response, shared-ride services throughout the county.

[02] Market Snapshot

Housing Ratio
8.7x

Overvalued relative to economy

GDP Growth
+4.9%

Well above national median

Home Prices
-4.0%

Prices declining

Climate & Terrain
2.7

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks overvalued at 8.7x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Flagler County U.S. National

The Numbers

DEMOGRAPHICS
Population
117,515
+3.18% YoY
Median Household Income
$69,251
Median Home Value
$293,700
-4.0% 12mo
Median Rent
$1,561
Average Annual Pay
$50,301
+4.7% YoY
Employment
28,244
+2.7% YoY
Income-to-Home-Value
0.2358
Near national average
Migration Inflow
2.69%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$353,990
Days on Market
111
Slower market
Months of Supply
5.4
Buyer's market
Sale-to-List Ratio
96.9%
Negotiation room for buyers
Sold Above List
9.7%
Listings w/ Price Drops
31.0%
Building Permits (2024)
2,588
Single-Family Permits
2,384

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

[05] Capital Investment

$1,405M
TOTAL
PROJECT AMOUNT STATUS
Belvedere Terminals Fuel Storage and Distribution Terminal
Belvedere Terminals
$750M Proposed
DC BLOX Data Center & Google Sol Cable Landing Station
DC BLOX and Google
$500M Under Construction
Florida Renewable Partners Solar Energy Site
Florida Renewable Partners (FPL sister company)
$155M Completed

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

[06] Score Breakdown

GDP Growth +4.9% 83 percentile
Population Growth +3.2% 96 percentile
Income Growth +11.2% 91 percentile
Vacancy Rate 0.7% 85 percentile
Home Price Change -4.0% 5 percentile
Rent Growth +0.6% 15 percentile
Price/Rent 13x 54 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Flagler County has a Boom Town Index score of 7/100, ranking #926 among 996 U.S. counties. With job growth at +2.7% and a median household income of $69,251, it faces some economic headwinds compared to faster-growing counties.

Is Flagler County affordable?

The median home value in Flagler County is $293,700 with median rent at $1,561/month. The income-to-home-value ratio is 0.2358, which is less affordable than the national average.

Is Flagler County growing or shrinking?

Population growth: +3.2% year-over-year. Job growth: +2.7%. Home values changed -4.0% in the past 12 months.

Are people moving to Flagler County?

Yes — 2.69% of Flagler County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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