Bellair-Meadowbrook Terrace, FL

Below Avg · 86

Florida · Population 13,887 · Updated March 2026

$1,395
Median Rent / Month
$56,887
Median Income
$218,700
Median Home Value
$1,273
Owner Costs / Month

Affordability

How far your income goes in Bellair-Meadowbrook Terrace

29.4%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Florida

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.0%
Sales Tax
0.86%
Property Tax Rate

Estimated Annual Costs

$16,740
Annual Rent
$0
State Income Tax
$1,881
Property Tax (est.)

Cost of Living Overview

Bellair-Meadowbrook Terrace offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 86 (where 100 equals the national median), Bellair-Meadowbrook Terrace residents can expect to pay median rent of $1,395/month while earning a median household income of $56,887/year.

The median home value in Bellair-Meadowbrook Terrace, FL is $218,700, with typical monthly owner costs around $1,273 including mortgage, insurance, and taxes. With a rent-to-income ratio of 29.4%, Bellair-Meadowbrook Terrace falls within the generally affordable range, though it's approaching the 30% burden threshold.

Florida has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.0% sales tax rate and 0.86% effective property tax rate, the overall tax environment helps keep costs manageable in Bellair-Meadowbrook Terrace.

Frequently Asked Questions

Common questions about living costs in Bellair-Meadowbrook Terrace

What is the cost of living in Bellair-Meadowbrook Terrace, FL?
The cost of living index in Bellair-Meadowbrook Terrace, FL is 86 (US average = 100). Median monthly rent is $1,395, median household income is $56,887/year, and the median home value is $218,700.
Is Bellair-Meadowbrook Terrace, FL affordable?
Yes, Bellair-Meadowbrook Terrace is more affordable than the national average with a cost index of 86. The rent-to-income ratio is 29.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Bellair-Meadowbrook Terrace, FL?
The median gross rent in Bellair-Meadowbrook Terrace, FL is $1,395 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $16,740.
What is the median household income in Bellair-Meadowbrook Terrace?
The median household income in Bellair-Meadowbrook Terrace, FL is $56,887 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Florida?
Florida has a top income tax rate of 0%, a sales tax of 6.0%, and an effective property tax rate of 0.86%. Notably, there is no state income tax.