HomeFloridaFranklin CountyCarrabelle
Carrabelle, Florida: commercial real estate data.
Carrabelle is a Census city of 2,438 people across 4.79 square miles of land, in Franklin County. Median household income is $49,792, 67.4 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $133,500 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Carrabelle
What Carrabelle is
- Census place typecity
- Land area4.79 sq mi
- Water area1.14 sq mi
- Population per square mile of land509
- County holding the largest share of its areaFranklin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carrabelle
How many people live in Carrabelle
- Population2,438
- Median age37.9
- Population under 18150 plus or minus 62
- Share under 186.2 percent plus or minus 2.5
- Population 65 and over229 plus or minus 68
- Share 65 and over9.4 percent plus or minus 2.8
- Households389
- Family households282
- Share of households that are families72.5 percent plus or minus 16.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carrabelle
Income and work in Carrabelle
- Median household income$49,792 plus or minus $11,924
- Per capita income$10,936
- Civilian labor force414 plus or minus 87
- Employed380
- Unemployed34 plus or minus 24
- Unemployment rate8.2 percent plus or minus 5.5
- Adults 25 and over2,061
- Adults 25 and over with a high school diploma or higher68.5 percent
- Adults 25 and over with a bachelor degree or higher7.2 percent plus or minus 2.4
- Adults 25 and over with a graduate degree3.4 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carrabelle
Housing in Carrabelle
- Housing units765
- Occupied units389
- Vacant units376
- Vacancy rate49.2 percent
- Owner occupied262 plus or minus 57
- Renter occupied127 plus or minus 47
- Ownership rate67.4 percent
- Median owner-occupied home value$217,900
- Median gross rent, monthly$914 plus or minus $235
- Annual rent as a share of median income22.0 percent plus or minus 7.7
- Single family units442 plus or minus 92
- Share single family57.8 percent
- Units in buildings of two or more160 plus or minus 77
- Share in buildings of two or more20.9 percent plus or minus 9.8
- Mobile homes152 plus or minus 45
- Median year structure built1992
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carrabelle
How Carrabelle gets to work
- Workers 16 and over who commute319 plus or minus 68
- Commuting under 15 minutes107 plus or minus 43
- Share commuting under 15 minutes33.5 percent plus or minus 11.4
- Commuting 30 minutes or more127 plus or minus 68
- Share commuting 30 minutes or more39.8 percent plus or minus 19.7
- Drove alone70.9 percent plus or minus 15.3
- Carpooled19.9 percent plus or minus 10.2
- Public transport0.0 percent
- Walked1.2 percent plus or minus 2.4
- Worked from home5.3 percent plus or minus 3.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carrabelle
SBA loans in Carrabelle (7(a))
- Approvals1
- Gross approval$133,500
- Average approval$133,500
- Median approval$133,500
- Largest approval$133,500
- Jobs supported8
- Jobs per approval8.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Carrabelle, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Carrabelle
Flood risk in Carrabelle
- NFIP communityCity of Carrabelle
- NFIP community number120090
- Participating in the NFIPYes
- Community Rating System classClass 10
- Currently effective map date10/10/24
The City of Carrabelle participates in the National Flood Insurance Program as community 120090 and carries Community Rating System class 10, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Franklin County, not Carrabelle
Franklin County context, not Carrabelle figures
- Establishments in Franklin County324
- Covered employment, Franklin County3,545
- Average annual pay, Franklin County$43,873
- Housing units permitted, Franklin County113
Every figure in this section is published for Franklin County as a whole and is not a measurement of Carrabelle.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Carrabelle questions, answered from the record.
How many people live in Carrabelle, Florida?
2,438, in 389 households. Carrabelle city covers 4.79 square miles of land, which is 509 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Carrabelle in?
Franklin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Carrabelle?
$49,792. The median owner-occupied home is valued at $217,900. Median gross rent is $914 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Carrabelle businesses?
1 7(a) approvals totaling $133,500 since FY2020, across 1 lenders, median approval $133,500. These count approvals to borrowers whose address is in Carrabelle, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Carrabelle borrowers get paid back?
No rate is published for Carrabelle. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Carrabelle in the National Flood Insurance Program?
Yes. Carrabelle appears in the FEMA Community Status Book as Carrabelle, city of, community 120090, carrying Community Rating System class 10, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Carrabelle figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Franklin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Carrabelle.
Is zoning published for Carrabelle?
No. Nothing on this page presents parcel level zoning.
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