Quick facts: Cross city, FL

Quick Facts

107.5
Cost of Living
above US average
1,754
Population
28.51
Crime Rate per 1000
above US average
$44,500
Median Income
below US average
$154,900
Median House Price
above US average
$650.0
Average Rent
below US average
18%
Poverty Rate
above US average
3.5%
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 $44,500.

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Income Needed to Buy

βœ— Stretch
$49k/year
Based on $154,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $49k vs median $44,500
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Income Needed to Rent

βœ“ Affordable
$28k/year
Based on $650.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($44,500) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Cross city, FL

Cross City is a small town located in Dixie County, Florida, nestled within the picturesque nature of the Big Bend region of the Sunshine State. Known for its charming rural atmosphere, Cross City offers a slower pace of life and is surrounded by lush landscapes, including forests, rivers, and the nearby Gulf of Mexico. The town serves as a hub for outdoor enthusiasts, with ample opportunities for fishing, hiking, and wildlife viewing. The Suwannee River, a popular destination for canoeing and kayaking, runs close by, providing ample access to Florida's natural beauty. Residents and visitors can enjoy the local community events, including farmers' markets and seasonal festivities, that showcase the town's tight-knit community spirit. Cross City is also home to a few local shops and eateries that celebrate the area's southern charm. Overall, Cross City embodies the tranquility of rural Florida, making it an ideal spot for those looking to escape the hustle and bustle of city life while enjoying the great outdoors.

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