Quick facts: Youngstown, FL

Quick Facts

107.5
Cost of Living
above US average
1,036
Population
207.53
Crime Rate per 1000
above US average
$51,155
Median Income
below US average
$149,000
Median House Price
above US average
$795.0
Average Rent
below US average
9%
Poverty Rate
below US average
4.2%
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 $51,155.

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Income Needed to Buy

βœ“ Affordable
$47k/year
Based on $149,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($51,155) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$34k/year
Based on $795.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($51,155) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Youngstown, FL

Youngstown, Florida, is a small, charming community located in Bay County, approximately 30 miles north of Panama City. Nestled near the shores of the scenic Deer Point Lake, this quiet town is characterized by its rural atmosphere and close-knit community. Youngstown offers a serene lifestyle with plenty of outdoor activities, including boating, fishing, and hiking in the nearby parks and nature reserves. The area is primarily residential, featuring single-family homes and spacious lots, making it ideal for families and those seeking a peaceful retreat. Local amenities include a few shops, restaurants, and community centers, providing essential services to residents. Youngstown's proximity to Panama City allows for easy access to more extensive shopping, dining, and entertainment options while maintaining the tranquility of small-town living. The town is also near several popular attractions, including the beautiful beaches of the Gulf Coast. Overall, Youngstown is a hidden gem for those looking to escape the hustle and bustle of urban life while enjoying Florida's natural beauty.

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