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City · 7,942 residents · Gadsden County, Florida

Quincy , Florida

In Quincy, a typical home is worth $125,500 and typical rent is $1,047 a month. Compared with all of Gadsden County, typical household income is 34% lower, the typical home value is 28% lower, and the share of households that own their home is 13 points lower.

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  • Typical home value

    $125,500

    28% below the county

    65% below Florida

    • Quincy
    • Gadsden
    • Florida

  • Typical rent

    $1,047a month

    23% above the county

    37% below Florida

    • Quincy
    • Gadsden
    • Florida

  • Typical household income

    $32,125a year

    34% below the county

    57% below Florida

    • Quincy
    • Gadsden
    • Florida

  • Households that own their home

    58%

    13 points below the county

    10 points below Florida

    • Quincy
    • Gadsden
    • Florida

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$174,464
0.8% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Quincy is in Gadsden County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Gadsden County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Quincy apart

What this place has that others do not, from public data, most unusual first.

  1. Quincy has the 2nd lowest typical household income of the 480 cities in Florida with more than 5,000 people ($32,125).

  2. Quincy has the 7th lowest typical home value of the 480 cities in Florida with more than 5,000 people ($125,500).

  3. Quincy has the 24th largest share of rent-burdened renters of the 434 cities in Florida with more than 5,000 people (76%).

  4. Nearby, in Marianna, the typical home value is $98,700: 21% less than in Quincy ($125,500).

  5. Quincy has the 27th lowest typical rent of the 471 cities in Florida with more than 5,000 people ($1,047).

  6. 58% of households in Quincy own their home, against 71% in Gadsden County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Quincy

What homes there are in Quincy, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Quincy, 8 in 10 homes are single-family detached houses; in Gadsden County, 6.

Year built

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,324 a month

Gadsden County: $1,404 a month

Without a mortgage

$494 a month

Gadsden County: $409 a month

Owners with a mortgage

39%

Gadsden County: 48%

Owning costs less in Quincy: with a mortgage, the typical cost is $1,324 a month; in Gadsden County, $1,404. Without one, $494.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Quincy rose 63% since 2015–2019, less than in Gadsden County (81%).

Rents in Quincy rose faster than in Gadsden County: 64% since 2015–2019, against 26%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureQuincyGadsden CountyFloridaUnited States
Rental vacancy Unreliable estimateUnreliable estimate7.6%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.4%0.9%
More than one person per room Unreliable estimate1.8%3.3%3.4%
People per household 2.602.362.512.53
Drive alone 75%81%70%69%
Carpool Unreliable estimate8%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimateUnreliable estimate2%3%
Work from home Unreliable estimate9%16%15%
Other means Unreliable estimateUnreliable estimate2%2%
Typical commute Unreliable estimate30 to 39 minutes20 to 29 minutes20 to 29 minutes

More people live in each home here: 2.60 on average, against 2.36 in Gadsden County.

To get to work, 75% of workers in Quincy drive alone; in Gadsden County, 81%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Quincy?

A typical home costs more than the typical income allows

We start with a typical home in Quincy, worth $125,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 37% of the typical household income in Quincy, which is $32,125 a year. For that payment to be 28% of income, a household would need to earn about $42,862 a year.

The calculator's FHA and conventional loan limits are those of all of Gadsden County.

Your numbers

Local data
$

Starts at the typical home value in Quincy. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $4,393 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,000

at 7.18% · 30 years

Loan amount
$123,226
Total interest
$177,294
Paid off in
November 2056

Includes $2,119 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $750 a month

  • Tight

    $750 to $964 a month

  • Hard

    more than $964 a month

    Your payment · 37%

Compared with the typical household income in Quincy ($32,125 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,000
Principal & interest$835
Property tax$58
Home insurance$52
FHA mortgage insurance (MIP)$56

You need at least $4,393 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Quincy and Gadsden County

Quincy is in Gadsden County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Quincy's own numbers

Typical home value
$125,500
Typical monthly rent
$1,047
Typical yearly household income
$32,125
Households that own their home
58%
Effective property tax rate
0.55%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Gadsden County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,424
Price change over 5 years (FHFA)
+45%
Homes in a high flood-risk zone
1.7%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Gadsden County.

Everything about Gadsden County

Buying

Buying a home in Quincy

A typical home in Quincy is worth $125,500: 28% below the county and 65% below Florida. With the typical household income in Quincy ($32,125 a year), a typical home costs 3.9 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Quincy 3.9 years
  • Gadsden 3.6 years
  • Florida 4.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Gadsden County

According to FHFA’s house price index, home prices in Gadsden County rose 89% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Gadsden County.

Period County Florida U.S.
Last year (2025) −1.5% −0.5% +2.9%
5 years (2020–2025) +45% +60% +47%
10 years (2015–2025) +89% +127% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Quincy next to Gadsden County, Florida and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Quincy $125,500
  • Gadsden $174,900
  • Florida $359,000
  • United States $332,700
Typical monthly rent
  • Quincy $1,047
  • Gadsden $851
  • Florida $1,669
  • United States $1,413
Typical yearly household income
  • Quincy $32,125
  • Gadsden $48,801
  • Florida $74,568
  • United States $80,734
See the full table
Quincy next to Gadsden County and Florida
Measure Quincy Gadsden County Florida U.S.
Typical home value $125,500 $174,900 $359,000 $332,700
Typical monthly rent $1,047 $851 $1,669 $1,413
Typical yearly household income $32,125 $48,801 $74,568 $80,734
Households that own their home 58% 71% 68% 65%
Typical yearly property tax $696 $927 $2,730 $3,119
Effective property tax rate 0.55% 0.53% 0.76% 0.94%
Renters with high rent for their income 76% 53% 60% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Gadsden County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Quincy

For a typical $125,500 home in Quincy, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Quincy's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,000a month

    Least cash to close
    Down payment
    $4,393
    Cash to close
    $8,158
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $56

  • Conventional, 5% down $977a month

    Down payment
    $6,275
    Cash to close
    $10,040
    Rate
    7.18%
    Mortgage insurance
    PMI · $60

  • Conventional, 20% down, no PMI $790a month

    Down payment
    $25,100
    Cash to close
    $28,865
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $906a month

    Down payment
    $18,825
    Cash to close
    $22,590
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Quincy and for Gadsden County.

Property tax

Effective rate in Quincy

0.55%of the home’s value each year

$696 a year for the typical owner in Quincy.

  • Quincy 0.55%
  • Gadsden 0.53%
  • Florida 0.76%

What Florida publishes Homestead exemption (Florida Department of Revenue)

Exemptions and deadlines in Florida

Flood risk in Gadsden County

FEMA does not publish these numbers by city: they are for all of Gadsden County.

Homes in the high-risk zone
1.7%
312
Of those, with NFIP insurance
11%
County Florida U.S.
Homes in the high-risk zone 1.7% 13% 3.5%
Of those, with NFIP insurance 11% 67% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Quincy

Typical rent in Quincy is $1,047 a month: 23% above the county. In Quincy, 76% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Gadsden County, by unit size. To pay the 2-bedroom one ($1,424 a month) without spending more than 30% of your income, you would need to earn $27.38 an hour working full time.

HUD fair market rent for all of Gadsden County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,186 $22.81 $47,440
1 bedroom $1,264 $24.31 $50,560
2 bedrooms $1,424 $27.38 $56,960
3 bedrooms $1,742 $33.50 $69,680
4 bedrooms $1,871 $35.98 $74,840

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Quincy

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Quincy is in ZIP code 32351.

For 2 bedrooms it is $1,220: $204 less than the fair market rent for Gadsden County ($1,424).

  • 32351 $1,220$1,510

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Quincy when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Quincy

HUD lists 5 buildings with rents for lower incomes in Quincy. These are the largest.

  • Arbor Crest 62 N Cleveland St, Quincy 32351 120 low-income homes · 1 bd: 13 · 2 bd: 57 · 3 bd: 50 · In service since 2006 · For families
  • Gadsden Arms 427 S Stewart St, Quincy 32351 100 low-income homes · 2 bd: 28 · 3 bd: 72 · In service since 2008 · For families (850) 627-6604
  • Parkview Garden Apartments 500 S Atlanta Ave, Quincy 32351 70 low-income homes · For families (850) 875-1844
  • Greenwood Terrace 200 Greenwood Cir, Quincy 32351 36 low-income homes
  • Parkview Manor 620 S Barack Obama Blvd, Quincy 32351 36 low-income homes · For families (850) 875-1844

See all 9 buildings in Gadsden County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Quincy

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Gadsden County. The nearest ones are below; many serve by phone or online.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Quincy

No down payment, repair or rent-help program on our list is for Quincy or Gadsden County. The ones below are statewide in Florida: they work in Quincy the same as in the rest of the state.

Which programs do I qualify for? All programs in Florida

Housing counselors near Quincy

The HUD-approved agencies closest to the center of Quincy, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Tallahassee Urban League, Inc

    923 Old Bainbridge Rd, Tallahassee · 19 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 11 more
    (850) 222-6111

  • University of Florida/Florida Cooperative Extension - Washington County Cooperative Extension Service

    1424 Jackson Ave, Chipley · 59 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 7 more
    (850) 638-6265

  • University of Florida/Florida Cooperative Extension - Holmes County Cooperative Extension Service

    1169 E Highway 90, Bonifay · 66 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 7 more
    (850) 547-1108

All counseling agencies in Florida

Help in Spanish near Quincy

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Quincy

HUD lists no housing authority with an office in Gadsden County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Florida Source: HUD

Cities

Nearby cities

The cities closest to Quincy, with the typical home value.

Everything about Gadsden County Housing in Florida

Neighboring counties

If Gadsden County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Quincy.

All guides
A father and mother walk their son by the hand down the sidewalk.

Questions

Housing questions about Quincy

Short answers with the numbers for Quincy and all of Gadsden County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Quincy?

The typical home value in Quincy is $125,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Gadsden County it is $174,900.

How much does it cost to rent in Quincy?

Typical rent in Quincy is $1,047 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Gadsden County is $1,424.

What is the FHA loan limit in Quincy?

Quincy uses the FHA limit for all of Gadsden County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Quincy?

The typical homeowner in Quincy pays $696 a year, according to the U.S. Census Bureau. That is 0.55% of the home’s value; in Gadsden County, the rate is 0.53%.

Where can I find free help to buy or rent in Quincy?

We found no HUD-approved counseling agencies with an office in Gadsden County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).