Bradenton, FL

Average · 96

Florida · Population 56,289 · Updated March 2026

$1,475
Median Rent / Month
$60,964
Median Income
$282,500
Median Home Value
$1,321
Owner Costs / Month

Affordability

How far your income goes in Bradenton

29.0%
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

$17,700
Annual Rent
$0
State Income Tax
$2,430
Property Tax (est.)

Cost of Living Overview

Bradenton has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 96 (where 100 equals the national median), Bradenton residents can expect to pay median rent of $1,475/month while earning a median household income of $60,964/year.

The median home value in Bradenton, FL is $282,500, with typical monthly owner costs around $1,321 including mortgage, insurance, and taxes. With a rent-to-income ratio of 29.0%, Bradenton 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 Bradenton.

Frequently Asked Questions

Common questions about living costs in Bradenton

What is the cost of living in Bradenton, FL?
The cost of living index in Bradenton, FL is 96 (US average = 100). Median monthly rent is $1,475, median household income is $60,964/year, and the median home value is $282,500.
Is Bradenton, FL affordable?
Yes, Bradenton is more affordable than the national average with a cost index of 96. The rent-to-income ratio is 29.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Bradenton, FL?
The median gross rent in Bradenton, FL is $1,475 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,700.
What is the median household income in Bradenton?
The median household income in Bradenton, FL is $60,964 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.