Quick facts: Deland, FL

Quick Facts

107.5
Cost of Living
above US average
41,324
Population
21.1
Crime Rate per 1000
below US average
$71,439
Median Income
below US average
$339,990
Median House Price
above US average
$1626.39
Average Rent
above US average
12%
Poverty Rate
above US average
4.4%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $71,439.

🏠

Income Needed to Buy

βœ— Stretch
$107k/year
Based on $339,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $107k vs median $71,439
🏒

Income Needed to Rent

βœ“ Affordable
$70k/year
Based on $1626.39/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($71,439) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Deland, FL

DeLand, located in Volusia County, Florida, is known for its rich history and vibrant cultural scene. Established in the late 19th century, it is often referred to as the "Athens of Florida" due to its emphasis on education and the arts. The city is home to Stetson University, Florida's oldest private university, which contributes to the youthful atmosphere and community vibrancy. DeLand boasts a charming downtown area filled with boutique shops, restaurants, and art galleries, as well as the historic Volusia County Courthouse. The city celebrates its heritage with various festivals, including the DeLand Fall Festival of the Arts, attracting visitors from all over. Nature enthusiasts can explore nearby parks, such as the Blue Spring State Park, known for its crystal-clear springs and manatee sightings. With its welcoming community and blend of historical charm and modern amenities, DeLand offers a unique small-town feel while being conveniently located near larger urban centers like Daytona Beach and Orlando. This makes it an appealing destination for visitors and a pleasant place to live.

πŸ” Search & Compare Places

First Location πŸ“