Quick facts: Bunnell, FL

Quick Facts

95.2
Cost of Living
below US average
3,631
Population
31.67
Crime Rate per 1000
above US average
$42,831
Median Income
below US average
$263,388
Median House Price
above US average
$1745.75
Average Rent
above US average
15%
Poverty Rate
above US average
4.1%
Unemployment Rate
above 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 $42,831.

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Income Needed to Buy

βœ— Stretch
$83k/year
Based on $263,388 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $83k vs median $42,831
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Income Needed to Rent

⚠ Stretch
$75k/year
Based on $1745.75/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $75k vs median $42,831
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bunnell, FL

Bunnell is a small city located in Flagler County, Florida, with a population of approximately 2,500 residents. Nestled between Palm Coast and Daytona Beach, it serves as a cozy gateway to the natural beauty of the region. Bunnell has a rich history dating back to its founding in the early 1900s, characterized by its charming small-town atmosphere and friendly community. The city features a variety of local parks and recreational areas, such as the impressive Bulow Creek State Park, known for its scenic hiking trails and lush landscapes. Bunnell is also near the picturesque coastline of the Atlantic Ocean, making it a great spot for beach lovers and outdoor enthusiasts. Bunnell hosts annual events that bring the community together, fostering a small-town charm. The city's economy is primarily driven by agriculture, local businesses, and light industry. With its close proximity to larger cities, residents enjoy the benefits of a quieter lifestyle while having access to urban amenities. Overall, Bunnell is a quaint and inviting place to live or visit, offering a blend of tranquility and natural beauty.

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