Counties / Florida / Calhoun County

Calhoun County, FL

FIPS 12013 · population 13,492 · outside every metro area

$179k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$179k
▼ 1.4% year over year
Zillow ZHVI · direct
ACS median gross rent
$779
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$973
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+57.9%not annualized · through 2025
0%ZILLOW ZHVI2026-06−1.4%FHFA HPI2025−5.6%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$145k
Surveyed gross rent$779
Rent burden 30%+61.9%
Median year built1986
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
18.4%vacant
5,683estimated housing units
Occupied tenure21.2% renter
owner 78.8%renter 21.2%
Structure mix60.0% single-family
Single-family 60.0%20+ units 0.3%Mobile home 34.3%Other 5.4%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs3,244▲ 1.4% from the prior annual release
Covered establishments261annual average reporting locations
Average weekly wage$852▲ 6.2% from the prior annual release
Largest private supersectorEducation and health services41.6% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+1.4%WEEKLY WAGE+6.2%Education and health services41.6%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Calhoun County has an inexpensive-entry but weak-direction case: Zillow’s county median home value was $179,336 in its 2026-06 observation, down 1.35% year over year. FHFA’s separate 2025 annual repeat-transaction HPI fell 5.6%, so both measures decline in their own labeled periods. FHFA is an index rather than a home value, and its direction can corroborate Zillow but cannot be averaged with Zillow’s rate. Buyers reliant on immediate income should be cautious; asset-specific investigators need property-level verification.

02Housing economics

The $973 monthly HUD two-bedroom FMR is a payment standard, not a market asking-rent estimate. Because market rent is not published, gross yield cannot be computed and FMR cannot substitute for it. The supplied effective property-tax rate is 0.51%; it establishes a carrying-cost input but not a tax bill for a particular acquisition. The modeled annual climate-loss ratio is 0.32% of building value and hurricane is the dominant hazard, a risk flag rather than an insurance quote or property-specific loss estimate.

03Demand & competition

QCEW reports 3,244 annual average covered jobs at county workplaces, up 1.44%, while the covered-worker average weekly wage rose 6.23%. Education and health services is the largest disclosed private supersector, not a description of the entire economy. Tax-return mover data show net migration of -22 households; incoming movers’ average income was $4,466 below outgoing movers’, a calculation from the supplied averages. The 1.05% investor share within 95 purchase mortgages indicates little recorded non-owner-occupied mortgage activity, but excludes cash purchases and says nothing by itself about tenant demand.

04Risk & next checks

Realtor.com figures for median MLS listing price, active listings, days on market, price-reduced share, and pending ratio are not published, preventing assessment of asking-price positioning, visible supply, marketing time, concessions, or listing conversion. Missing property-level rent rolls, lease terms, vacancy, insurance premiums and deductibles, flood and elevation details, condition and capital needs, and comparable sales prevent a property cash-flow, hazard-cost, and acquisition-price conclusion.

Cities & communities

Where people live within Calhoun County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Blountstown city3.1KAltha town457
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

2 Census places

Population
  1. 01
    Blountstown cityIncorporated place
    3,136
  2. 02
    Altha townIncorporated place
    457

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardhurricane

0.317% of building value expected lost per year

Effective property tax0.51%

$734 median annual bill

02
DemandIRS SOI household flows
Net migration-22

296 in · 318 out

Arriving vs leaving income−$4,466

$42,084 arriving · $46,550 leaving

03
CompetitionHMDA financed purchases
Purchases by investors1.1%

1 of 95 mortgages

investorother financed
No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. No published market rent can materially alter income and yield conclusions.
  2. County-level indicators may not match a property’s insurability, condition, flood exposure, or operating costs.
  3. Mortgage-based investor and mover measures omit cash transactions and do not directly measure tenant demand.
Underwriting questions

Before pricing a property

Can gross yield be calculated from this record?

No. Market rent is not published, and HUD FMR cannot be used as asking rent.

What does the investor measure capture?

It is the share of purchase mortgages to non-occupants; it does not include cash purchases.

What does QCEW employment measure?

Annual average covered jobs at workplaces in the county, not resident employment or unemployment.