Quick facts: Quincy, FL

Quick Facts

107.5
Cost of Living
above US average
7,719
Population
51.95
Crime Rate per 1000
above US average
$33,786
Median Income
below US average
$225,000
Median House Price
above US average
$1275.0
Average Rent
below US average
16%
Poverty Rate
above US average
4.2%
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 $33,786.

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Income Needed to Buy

βœ— Stretch
$71k/year
Based on $225,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $71k vs median $33,786
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Income Needed to Rent

⚠ Stretch
$55k/year
Based on $1275.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $55k vs median $33,786
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Quincy, FL

Quincy is a charming city located in Gadsden County, Florida, with a rich history dating back to its founding in the early 19th century. Known as the "City of Oaks," Quincy is characterized by its picturesque oak-lined streets and historic buildings, making it an appealing destination for those who appreciate small-town charm and historical architecture. The city is situated approximately 20 miles west of Tallahassee, the state capital, and benefits from its proximity to urban amenities while maintaining a laid-back atmosphere. Quincy is known for its local events such as the annual Gadsden County Fair, which highlights the area’s agricultural heritage and community spirit. Quincy is home to several parks and recreational areas, including the popular East Gadsden High School Baseball Field and the Quincy Golf Course, catering to outdoor enthusiasts. The city also boasts a strong sense of community, with various local businesses, shops, and eateries offering a taste of Floridian culture. Overall, Quincy provides a blend of history, community, and natural beauty, making it a delightful place to visit or reside in.

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