Holmes County, Florida: commercial real estate data.
Holmes County, Florida had an estimated 19,876 residents on July 1, 2024, up 1.1 percent since the 2020 census base of 19,655, across 479 square miles. County output reached $562.1 m in 2024, 300 establishments operate here, and the SBA record carries 8 7(a) approvals worth $7.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Holmes County
How many people live in Holmes County
- Population, American Community Survey 2020-202419,513
- Households7,011
- Average household size2.78
- Median household income$49,343
- Median age43.7
- Median gross rent$844 per month
- Median owner-occupied home value$110,200
- Home value to household income2.2 times
- Annual rent as a share of median income20.5 percent
- Adults 25 and over with a bachelor degree or higher12.5 percent
- Adults 25 and over with a graduate degree3.5 percent
- Adults 25 and over14,200
- Population under 183,991
- Share under 1820.5 percent
- Population 65 and over4,139
- Share 65 and over21.2 percent
- Working age population, 18 to 6411,383
- Civilian labor force7,737
- Unemployment rate4.5 percent
- Labor force participation, adults 18 and over49.8 percent
- Rank by population among Florida counties55th of 67
- Rank by population among US county-equivalents, Puerto Rico included1910th of 3,222
Holmes County is the 55th largest of 67 Florida counties by population. A median home costs 2.2 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 21.2 percent against 20.5 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Holmes County
Is Holmes County's population growing?
- Population, July 1, 202419,876
- Census 2020 base population19,655
- Population change since the 2020 census base1.12 percent
- Population change, 2023 to 2024214
- Births, 2024206
- Deaths, 2024303
- Natural change, 2024-97
- Net domestic migration, 2024304
- Net international migration, 20245
- Total net migration, 2024309
- Cumulative net domestic migration, 2021 to 2024791
- Rank by growth among US county-equivalents1437th of 3,144
The county has grown 1.12 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Holmes County
Where are people moving to Holmes County from?
- Tax returns filed by households arriving567
- People arriving, from those returns1,134
- Tax returns filed by households leaving452
- Net household movement115
- Adjusted gross income arriving$28.3 m
- Net adjusted gross income movement$9.2 m
- Average income of an arriving household$49,995
- Average income of a leaving household$42,414
- Largest single originWalton County (70 households)
- Largest single destinationWashington County (85 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Walton County | 70 | 155 | $3.0 m |
| Washington County | 70 | 148 | $2.3 m |
| Bay County | 48 | 88 | $3.2 m |
| Jackson County | 33 | 76 | $1.3 m |
| Okaloosa County | 31 | 56 | $1.8 m |
| Geneva County | 26 | 64 | $1.0 m |
Households arriving report $7,581 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Walton County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Holmes County
What is the Holmes County economy?
- County GDP, 2024$562.1 m
- County GDP, 2023$533.5 m
- GDP change, 2023 to 20245.3 percent
- GDP change over five years43.3 percent
- Rank by GDP among the Florida areas BEA publishes59th of 67
- Rank by GDP among the US county areas BEA publishes2329th of 3,127
- GDP per resident$28,804
Output grew 5.3 percent in the latest year and 43.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Holmes County
Employment by industry in Holmes County
- Covered employment, annual average3,627
- Establishments reporting401
- Average annual pay$41,883
- Average weekly wage$805
- Health care and social assistance, employment443
- Health care and social assistance, average annual pay$40,099
- Retail trade, employment393
- Retail trade, average annual pay$31,896
- Construction, employment341
- Construction, average annual pay$40,655
- Accommodation and food services, employment274
- Accommodation and food services, average annual pay$22,211
- Other services, except public administration, employment105
- Professional, scientific and technical services, employment102
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 443 | 38 | $40,099 |
| Retail trade | 393 | 60 | $31,896 |
| Construction | 341 | 75 | $40,655 |
| Accommodation and food services | 274 | 24 | $22,211 |
| Other services, except public administration | 105 | 34 | $37,483 |
| Professional, scientific and technical services | 102 | 24 | $57,461 |
| Transportation and warehousing | 66 | 10 | $82,249 |
| Finance and insurance | 59 | 10 | $62,293 |
Health care and social assistance is the largest private sector at 443 jobs, 12.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Holmes County
How many businesses are in Holmes County?
- Establishments, all industries300
- Employment at those establishments2,142
- Annual payroll$81.0 m
- Establishments per 1,000 residents15.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Holmes County
Building permits in Holmes County
- Housing units authorized by permit, 202412
- Declared construction value permitted$1.6 m
- Single family units authorized12
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$133,083
- Units authorized per 1,000 households1.7
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Holmes County
SBA loans in Holmes County (7(a) and 504)
- 7(a) approvals recorded8
- 7(a) gross approval dollars$7.5 m
- Average 7(a) approval$937,663
- Median 7(a) approval$783,000
- Largest single approval$2,335,500
- Jobs reported supported, 7(a)76
- Jobs per approval9.5
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals7
- Median 7(a) term270 months
- Share of loans on real estate terms, 240 months or longer62.5 percent
- Loans on real estate terms5
- Loans on working capital terms, 120 months or shorter3
- Franchise loans0
- Franchise share of approvals0.0 percent
- Most active lenderFirst Federal Bank (4)
- 504 approvals recorded4
- 504 gross approval dollars$877,000
- Average 504 approval$219,250
- Median 504 approval$230,000
- Distinct CDCs active2
- 504 jobs per approval6.0
- 504 jobs per million dollars approved27.4
- Most active CDCFlorida First Capital Finance Corporation, Inc. (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$8.4 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Holmes County
SBA loan default and charge-off rates in Holmes County
Do SBA loans in Holmes County get paid back?
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Cancelled4
- Status: Exempt from disclosure3
- Status: Paid in full1
Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Holmes County
SBA lending by place in Holmes County
- Borrower cities with recorded lending2
- Bonifay, approvals6
- Ponce de Leon, approvals2
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Bonifay | 6 | $3,735,800 |
| Ponce de Leon | 2 | $3,765,500 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Holmes County
How large is Holmes County?
- Land area479 sq mi
- Rank by land area among Florida counties61st of 67
- Width, east to west32 mi
- Height, north to south20.3 mi
- Geographies sharing a boundary4
- Residents per square mile of land41
- Establishments per square mile0.63
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Holmes County
Flood risk in Holmes County
- Participation of the county's own NFIP community Holmes County, unincorporated areasParticipating, community 120420
- Communities in the county in the NFIP Community Status Book6
- Of those, participating in the NFIP6
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Holmes County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Holmes County (community 120420), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Holmes County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
Feasibility studies
When a Holmes County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Holmes County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202419,513
- Households7,011
- Average household size2.78
- Median household income$49,343
- Median age43.7
Common questions
Holmes County questions, answered from the record.
How many people live in Holmes County, Florida?
The Census Bureau estimates 19,876 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 19,513, in 7,011 households, ranking 55th of 67 Florida counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Holmes County's population growing?
The population has grown 1.12 percent since the 2020 census base of 19,655, to 19,876 on July 1, 2024. In 2024 there were 206 births against 303 deaths, with net migration of 309. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Holmes County?
$49,343. The median owner-occupied home is valued at $110,200, which is 2.2 times income, and median gross rent is $844 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Holmes County?
300 establishments, employing 2,142 people with an annual payroll of $81.0 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Holmes County?
Health care and social assistance is the largest private sector at 443 jobs, 12.2 percent of covered employment. Covered employment averages 3,627 jobs at an average annual pay of $41,883, or $805 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Holmes County?
8 7(a) approvals totaling $7.5 m since FY2020, across 5 lenders, with a median approval of $783,000, plus 4 504 approvals worth $877,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Holmes County?
12 housing units were authorized by permit in 2024, with a declared construction value of $1.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Holmes County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Holmes County come from?
The largest single origin is Walton County, with 70 households. Arriving households report an average income of $49,995 against $42,414 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Holmes County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Holmes County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Holmes County
Cities and places in Holmes.
5 Census places lie wholly or partly in Holmes County. All 5 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Bonifay | city | 2,797 | 6 | Wholly in this county |
| Ponce de Leon | town | 780 | 2 | Wholly in this county |
| Esto | town | 375 | None recorded | Wholly in this county |
| Westville | town | 253 | None recorded | Wholly in this county |
| Noma | town | 237 | None recorded | Wholly in this county |
Nearby