31 / 100

Flagler County, FL

Bunnell

RANK #682 / 996 NAT  ·  #9 / 41 FL  ·  POP 117,515

1YR FORECAST: -0.7%

5YR OUTLOOK: +19%

#37 Fastest Growing
Our model projects Flagler County's housing market at -0.7% over the next year, underperforming most U.S. counties.

[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] Top Employers

  1. 1
    AdventHealth (Flagler and St. Johns counties) Healthcare
    1,000+
  2. 2
    Flagler County School Board Education
  3. 3
    Palm Coast Data Other
    500+
  4. 4
    Publix Retail
    100+
  5. 5
    Hammock Beach Resort Hospitality
  6. 6
    Walmart Retail
  7. 7
    Flagler County Government Government
  8. 8
    Flagler County Sheriff's Department Government
  9. 9
    Sea Ray Boats Manufacturing
  10. 10
    Coastal Cloud Technology

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
28.4%
of residents (national avg: 33%)

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] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
3.0
per 100K · nat avg 6.3
Firearm Fatalities
15.5
per 100K · nat avg 14.8
Injury Deaths
96.1
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B+
AIR QUALITY
GRADE
Median AQI (3yr)
34.0
Good
Good Air Days
97%
1,050 of 1,078 days
Unhealthy+ Days (3yr)
0
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
33
2022
34
2023
35
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

At 31/100, Flagler County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $69,251 combined with job growth of +2.7% suggests the local economy is struggling to keep pace with national trends.

Is Flagler County affordable?

Flagler County leans toward the expensive side. A median home value of $293,700 against an income-to-home-value ratio of 0.24 means housing eats a bigger share of local earnings than the national norm. Renters face $1,561/month on average.

Is Flagler County growing or shrinking?

Flagler County is growing on multiple fronts. Population is up +3.2% year-over-year while employers added jobs at a +2.7% clip. Home values shifted -4.0% in the past year.

Are people moving to Flagler County?

There's a moderate stream of newcomers. About 2.69% of residents moved from another state, which is above average and suggests Flagler County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Brevard County, FL 31 Orange County, FL 30 Seminole County, FL 33 Polk County, FL 28 St. Lucie County, FL 35 Bay County, FL 27 Brunswick County, NC 31 Walla Walla County, WA 31