Frostproof, FL Profile: Facts & Data

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Frostproof, Florida - Basic Facts

The City of Frostproof had a population of 3,127 as of July 1, 2019. Frostproof ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Frostproof is located at latitude 27.7459 and longitude -81.5306 in Polk County. The formal boundaries for the City of Frostproof encompass a land area of 10.65 sq. miles and a water area of 8.55 sq. miles. Polk County is in the Eastern time zone (GMT -5). The elevation is 112 feet.

The City of Frostproof (GNIS ID: 2403667) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Frostproof is located within Frostproof CCD of Polk County.

Alternate Unofficial Names for Frostproof: Keystone City.

Jump to... (On This Page!)
  1. Frostproof 2019 Demographic Data
  2. Growth Rates for Frostproof (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2019 Demographics

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Frostproof, FL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Frostproof, FL Housing Affordability Index is 171
State of Florida Housing Affordability Index is 113
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Frostproof, FL Wealth Index is 59
State of Florida Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Florida COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 3,127 (100%)
Population in Households 3,106 (99.3%)
Population in Families 2,460 (78.7%)
Population in Group Quarters1 21 ( 0.7%)
Population Density 292
Diversity Index2 64
 

INCOME

Median Household Income $42,311
Average Household Income $57,785
Per Capita Income $22,237
Wealth Index4 59

HOUSING

Total Housing Units 1,648 (100%)
Owner Occupied HU 772 (46.8%)
Renter Occupied HU 474 (28.8%)
Vacant Housing Units 402 (24.4%)
Median Home Value $128,158
Housing Affordability Index3 171
 

HOUSEHOLDS

Total Households 1,246
Average Household Size 2.49
Family Households 821
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.49% 0.77%
Households 0.44% 0.71%
Families 0.46% 0.63%
Median Household Income   3.14%
Per Capita Income   3.13%

Frostproof, FL - Peer Comparisons by Rank and Percentile

The table below compares Frostproof to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 579 37th
Population Density # 802 13th
Diversity Index # 242 74th
Median Household Income # 665 28th
Per Capita Income # 643 30th

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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