Quick facts: Daytona beach, FL

Quick Facts

107.3
Cost of Living
above US average
77,958
Population
35.65
Crime Rate per 1000
above US average
$47,608
Median Income
below US average
$215,000
Median House Price
above US average
$1432.81
Average Rent
above US average
15%
Poverty Rate
above US average
5.0%
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 $47,608.

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Income Needed to Buy

βœ— Stretch
$67k/year
Based on $215,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $67k vs median $47,608
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Income Needed to Rent

⚠ Stretch
$61k/year
Based on $1432.81/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $61k vs median $47,608
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Daytona beach, FL

Daytona Beach, located in Volusia County, Florida, is a vibrant coastal city renowned for its stunning 23 miles of sandy beaches and a rich motorsports heritage. Commonly referred to as the "World's Most Famous Beach," its wide, flat shoreline allows for driving on the beach, a unique feature that attracts both tourists and locals alike. The city is famous for the Daytona International Speedway, home to the iconic Daytona 500 race, drawing motorsport enthusiasts from around the globe. In addition to racing, Daytona Beach offers a variety of outdoor activities, including water sports, fishing, and golfing, with numerous courses available. Visitors can explore the lively boardwalk, featuring arcades, shops, and restaurants, as well as the Daytona Beach Pier for picturesque views and fishing opportunities. The city also hosts various events throughout the year, including bike weeks and music festivals, fostering a lively cultural scene. With its warm climate, pristine beaches, and rich recreational offerings, Daytona Beach remains a popular destination for both relaxation and adventure on Florida’s East Coast.

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