Citrus Park, FL

Above Avg · 118

Florida · Population 28,163 · Updated March 2026

$1,794
Median Rent / Month
$84,220
Median Income
$342,400
Median Home Value
$1,667
Owner Costs / Month

Affordability

How far your income goes in Citrus Park

25.6%
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

$21,528
Annual Rent
$0
State Income Tax
$2,945
Property Tax (est.)

Cost of Living Overview

Citrus Park is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 118 (where 100 equals the national median), Citrus Park residents can expect to pay median rent of $1,794/month while earning a median household income of $84,220/year.

The median home value in Citrus Park, FL is $342,400, with typical monthly owner costs around $1,667 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.6%, Citrus Park 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 Citrus Park.

Frequently Asked Questions

Common questions about living costs in Citrus Park

What is the cost of living in Citrus Park, FL?
The cost of living index in Citrus Park, FL is 118 (US average = 100). Median monthly rent is $1,794, median household income is $84,220/year, and the median home value is $342,400.
Is Citrus Park, FL affordable?
No, Citrus Park is more expensive than the national average with a cost index of 118. The rent-to-income ratio is 25.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Citrus Park, FL?
The median gross rent in Citrus Park, FL is $1,794 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,528.
What is the median household income in Citrus Park?
The median household income in Citrus Park, FL is $84,220 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.