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Frostproof

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

Median Home$166,910
Median Rent$796/month
Population3,176
Leading IndustriesTransportation · Finance & Insurance · Manufacturing5% transportation
Home Value Growth⬆⬆⬆+30.9% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners74% of occupied units
NotableTransit83/100 · excellent transit access
NotableVeteran Community9% of residents · top 22% nationally
Frostproof
FL

Frequently Asked Questions

What are today's mortgage rates in Frostproof?

As of today, the 30-year fixed mortgage rate for Frostproof is approximately 6.933% (6.970% 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 Frostproof?

The median home value in Frostproof is $167k. The median monthly rent is $796. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Frostproof?

Home values in Frostproof have increased 30.9% 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 Frostproof?

Based on a typical all-in ownership cost of $703/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Frostproof is $51k/year.

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What industries drive the economy in Frostproof?

The largest employment sectors in Frostproof are public administration (16%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.