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Branford

Learn about the people, housing, costs and businesses in Branford, Florida

Median Home$183,100
Population840
Leading IndustryPublic Administration26% of local workforce
Home Value Growth⬆⬆+19.8% over 2 years
Young Adults33% of residentswell above average
Homeowners75% of occupied units
NotableTransit89/100 · excellent transit access
Branford
FL

Frequently Asked Questions

What are today's mortgage rates in Branford?

As of today, the 30-year fixed mortgage rate for Branford is approximately 7.006% (7.046% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Branford?

The median home value in Branford is $183k. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Branford?

Home values in Branford have increased 19.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Branford?

Based on a typical all-in ownership cost of $681/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Branford is $53k/year.

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What industries drive the economy in Branford?

The largest employment sectors in Branford are public administration (26%) and retail (6%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.