Quick facts: Archer, FL

Quick Facts

107.5
Cost of Living
above US average
1,143
Population
17.5
Crime Rate per 1000
below US average
$41,154
Median Income
below US average
$280,000
Median House Price
above US average
$2900.0
Average Rent
above US average
12%
Poverty Rate
above US average
4.0%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $41,154.

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Income Needed to Buy

βœ— Stretch
$88k/year
Based on $280,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $88k vs median $41,154
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Income Needed to Rent

⚠ Stretch
$124k/year
Based on $2900.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $124k vs median $41,154
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Archer, FL

Archer, Florida is a small, quaint city located in Alachua County, just southwest of Gainesville. With a population of around 1,200 residents, it offers a rural, tight-knit community atmosphere. Archer is known for its charming landscapes and natural beauty, featuring lush forests and rolling hills. The city is rich in history, founded in the late 19th century, and retains much of its historical charm with preserved buildings and local landmarks. It is close to the Paynes Prairie Preserve State Park, which offers opportunities for outdoor activities like hiking, bird watching, and horseback riding. Archer has a primarily residential community with a few local businesses and amenities. The area's low cost of living and proximity to Gainesville make it an attractive option for families and individuals seeking a quieter lifestyle while still being accessible to urban conveniences. Local events often foster community spirit, and residents value the small-town feel. Overall, Archer provides a serene and picturesque living environment steeped in nature and camaraderie.

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