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Chipley

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

Median Home$183,540
Median Rent$822/month
Population3,398
Leading IndustryPublic Administration31% of local workforce
Home Value Growth+2.9% over 2 years
Young Adults28% of residentsnear the national average
Homeowners69% of occupied units
NotableAmenity Score73/100 · highly walkable area
NotableVeteran Community9% of residents · top 22% nationally
Chipley
FL

Frequently Asked Questions

What are today's mortgage rates in Chipley?

As of today, the 30-year fixed mortgage rate for Chipley is approximately 6.973% (7.015% 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 Chipley?

The median home value in Chipley is $184k. The median monthly rent is $822. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chipley?

Home values in Chipley have increased 2.9% over the past two years. The market has been relatively stable. 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 Chipley?

Based on a typical all-in ownership cost of $801/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chipley is $58k/year.

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What industries drive the economy in Chipley?

The largest employment sectors in Chipley are public administration (31%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.