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Babson Park, FL&

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Population
1,409
5.39% growth
Median Age
21.5
Median Household Income
$39,135
19.2% decline
Poverty Rate
18.8%
Number of Employees
347
0.29% decline
Median Property Value
$106,300
21.5% growth

About the photo: Circle B Bar Reserve Sunrise, Lakeland, Florida

Economy

The economy of Babson Park, FL employs 347 people. The economy of Babson Park, FL is specialized in Agriculture, Forestry, Fishing, Hunting; Mining, Quarrying, Oil, Gas Extraction; and Educational Services, which employ respectively 9.29; 2.86; and 2.63 times more people than what would be expected in a location of this size. The largest industries in Babson Park, FL are Educational Services (85), Manufacturing (48), and Professional, Scientific, Tech Services (37), and the highest paying industries are Healthcare & Social Assistance ($46,563), Finance & Insurance ($43,942), and Educational Services ($19,000).

Median household income in Babson Park, FL is $39,135. Males in Babson Park, FL have an average income that is 1.19 times higher than the average income of females, which is $34,292. The income inequality of Babson Park, FL (measured using the Gini index) is 0.365 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Babson Park, FL. In Polk County, FL the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 51 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,968. Duval County, FL has the highest prevalence of homicides of any county in Florida.

Coverage

Clinician to Patient Rates

The closest comparable data for the census place of Babson Park, FL is from the county of Polk County, FL.

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Diversity

Babson Park, FL is home to a population of 1,409 people, from which 94% are citizens. The ethnic composition of the population of Babson Park, FL is composed of 732 White residents (52%), 386 Black residents (27.4%), 227 Hispanic residents (16.1%), 44 Asian residents (3.12%), and 20 Two+ residents (1.42%). The most common foreign languages in Babson Park, FL are Spanish (63 speakers), Chinese (16 speakers), and Portuguese (8 speakers), but compared to other places, Babson Park, FL has a relative high number of Scandinavian (3 speakers), Portuguese (8 speakers), and Japanese (5 speakers).

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Education

In 2015 universities in Babson Park, FL awarded 146 degrees. The student population of Babson Park, FL is skewed away from females, with 88 male students and 58 female students. Most students in Babson Park, FL are White (64 and 43.8%), followed by Black or African American (16 and 11%), Hispanic or Latino (10 and 6.85%), and Two or more races (5 and 3.42%). The largest universities in Babson Park, FL by number of graduates are Webber International University (146 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Babson Park, FL are General Business Administration & Management (29 and 19.9%), Sport & Fitness Management (27 and 18.5%), and Accounting (17 and 11.6%). The median tuition costs in Babson Park, FL are N/A for private four year colleges, and $22,770 and $22,770 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Babson Park, FL is $106,300, which is 0.52 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $87,500 to $106,300, a 21.5% increase. The homeownership rate of Babson Park, FL is 71.3%, which is higher than the national average of 63.6%. People in Babson Park, FL have an average commute time of 18.9 minutes, and they commute by Drove Alone. Car ownership in Babson Park, FL is approximately the same as the national average, with an average of 2 cars per household.

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Keep Exploring

United States
nation
Florida
state
Polk County, FL
county
Lakeland-Winter Haven, FL Metro Area
metropolitan statistical area
Polk County (South) PUMA, FL
public use microdata area
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