Quick facts: Fernandina beach, FL

Quick Facts

107.5
Cost of Living
above US average
13,401
Population
10.3
Crime Rate per 1000
below US average
$86,494
Median Income
above US average
$645,000
Median House Price
above US average
$2668.7
Average Rent
above US average
8%
Poverty Rate
below US average
4.5%
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 $86,494.

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Income Needed to Buy

βœ— Stretch
$202k/year
Based on $645,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $202k vs median $86,494
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Income Needed to Rent

⚠ Stretch
$114k/year
Based on $2668.7/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $114k vs median $86,494
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Fernandina beach, FL

Fernandina Beach is a charming coastal city located on Amelia Island in Florida, known for its picturesque beaches, historic architecture, and vibrant local culture. As part of Nassau County, Fernandina Beach has a population of around 12,000 residents and offers a relaxed, small-town atmosphere mixed with rich history. The city's downtown area, listed on the National Register of Historic Places, features a variety of boutiques, restaurants, and art galleries set among beautiful 19th-century buildings. The historic district includes Fort Clinch State Park, where visitors can explore a well-preserved Civil War fort, hiking trails, and scenic views of the Atlantic Ocean. Fernandina Beach is renowned for its pristine sandy beaches, ideal for sunbathing, fishing, and water sports. The annual shrimp festival celebrates the local shrimping industry and attracts thousands of visitors with seafood, crafts, and entertainment. With a mild climate, abundant outdoor activities, including golfing and boating, and proximity to natural preserves, Fernandina Beach offers a delightful getaway for those seeking relaxation and adventure alike.

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