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Highlands County, FL

Sebring

RANK #506 / 996 NAT  ·  #2 / 41 FL  ·  POP 102,339

1YR FORECAST: -0.6%

5YR OUTLOOK: +23%

#16 Best Rental Yield
Highlands County's housing market is projected to grow -0.6% over the next year, below the national average.

[01] Why Highlands County?

Highlands County, Florida, offers a distinctive blend of natural beauty and small-town character, with Lake Placid, known as the "Town of Murals," being a notable highlight. This central Florida county is situated roughly two hours south of Orlando, providing a quieter alternative to the state's more bustling areas. Commuting within the county is generally short, averaging around 20 minutes. The community feel is often described as friendly and welcoming, with a relaxed pace. Outdoor recreation is a major draw, with Highlands Hammock State Park, one of Florida's oldest state parks, offering extensive hiking and biking trails through old-growth forests and cypress swamps where visitors can spot alligators and various bird species. The county also boasts over 100 lakes, providing opportunities for fishing, boating, and other water sports.

Life in Highlands County appeals to those seeking a lower cost of living and a connection to nature. Many retirees are drawn to the area, though families also reside here, supported by public schools that are considered above average. The economy, historically rooted in agriculture, particularly citrus and cattle, has diversified to include tourism and healthcare. Recent economic developments show investment flowing into energy sectors, contributing to the county's evolving economic landscape. The county's central location allows for access to larger metropolitan areas without the daily crowds and traffic.

[02] Market Snapshot

Housing Ratio
5.3x

Above national median (4.7x)

GDP Growth
+4.0%

Above national median

Home Prices
-2.5%

Prices declining

Climate & Terrain
4.1

Favorable climate & terrain

Price/Rent
8x

Strong rental yield

Housing is fairly valued at 5.3x relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    AdventHealth Hospital Healthcare
    1,000+
  2. 2
    Walmart Retail
    500+
  3. 3
    Agero Other
  4. 4
    Highlands Regional Medical Center Healthcare
    250+
  5. 5
    Delray Plants Agriculture
  6. 6
    Highlands County Government Government
  7. 7
    Highlands County Sheriff's Office Government
  8. 8
    Palms of Sebring Healthcare
  9. 9
    Alan Jay Automotive Network Retail
  10. 10
    Lake Placid Health Care Healthcare
    100+

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

[04] Home Value Growth vs National

Highlands County U.S. National

The Numbers

DEMOGRAPHICS
Population
102,339
+1.15% YoY
Median Household Income
$53,679
Median Home Value
$155,900
-2.49% 12mo
Median Rent
$919
Average Annual Pay
$47,926
+3.7% YoY
Employment
28,823
+0.6% YoY
Income-to-Home-Value
0.3443
More affordable than average
Migration Inflow
3.42%
of pop. from another state
Bachelor's Degree+
18.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$265,000
Days on Market
106
Slower market
Months of Supply
7.1
Buyer's market
Sale-to-List Ratio
95.5%
Negotiation room for buyers
Sold Above List
4.4%
Listings w/ Price Drops
25.6%
Building Permits (2024)
980
Single-Family Permits
846

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

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.6
per 100K · nat avg 6.3
Firearm Fatalities
19.0
per 100K · nat avg 14.8
Injury Deaths
120.6
per 100K · nat avg 76.3
vs National Average
Near 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)
33.7
Good
Good Air Days
96%
1,026 of 1,067 days
Unhealthy+ Days (3yr)
2
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
33
2022
33
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

$138M
TOTAL
PROJECT AMOUNT STATUS
Highland Solar South
Placid Solar, LLC
$75M Planned
Lake Placid Solar Power Plant (45 MW Solar + 18 MW Battery Storage)
Duke Energy Florida, LLC
$63M Operating

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

[08] Score Breakdown

GDP Growth +4.0% 73 percentile
Population Growth +1.1% 75 percentile
Income Growth +14.5% 99 percentile
Vacancy Rate 1.2% 40 percentile
Home Price Change -2.5% 12 percentile
Rent Growth +1.0% 19 percentile
Price/Rent 8x 98 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

Highlands County scores 49/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#506). Median household income is $53,679 and job growth is running at +0.6%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Highlands County affordable?

Housing in Highlands County is roughly in line with national affordability norms. The median home costs $155,900 and the income-to-home-value ratio sits at 0.34, with rents averaging $919/month. Not a bargain, but not a stretch for most local earners either.

Is Highlands County growing or shrinking?

Highlands County's population is growing — up +1.1% YoY — while the job market is roughly flat (employment change of +0.6%). Home values shifted -2.5% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Highlands County?

There's a moderate stream of newcomers. About 3.42% of residents moved from another state, which is above average and suggests Highlands County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Martin County, FL 46 Palm Beach County, FL 54 Volusia County, FL 37 Santa Rosa County, FL 36 St. Lucie County, FL 35 Seminole County, FL 33 Vigo County, IN 49 Rogers County, OK 48