Citrus Springs, FL

Below Avg · 76

Florida · Population 11,469 · Updated March 2026

$1,217
Median Rent / Month
$57,477
Median Income
$220,300
Median Home Value
$997
Owner Costs / Month

Affordability

How far your income goes in Citrus Springs

25.4%
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

$14,604
Annual Rent
$0
State Income Tax
$1,895
Property Tax (est.)

Cost of Living Overview

Citrus Springs is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 76 (where 100 equals the national median), Citrus Springs residents can expect to pay median rent of $1,217/month while earning a median household income of $57,477/year.

The median home value in Citrus Springs, FL is $220,300, with typical monthly owner costs around $997 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.4%, Citrus Springs 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 Springs.

Frequently Asked Questions

Common questions about living costs in Citrus Springs

What is the cost of living in Citrus Springs, FL?
The cost of living index in Citrus Springs, FL is 76 (US average = 100). Median monthly rent is $1,217, median household income is $57,477/year, and the median home value is $220,300.
Is Citrus Springs, FL affordable?
Yes, Citrus Springs is more affordable than the national average with a cost index of 76. The rent-to-income ratio is 25.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Citrus Springs, FL?
The median gross rent in Citrus Springs, FL is $1,217 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,604.
What is the median household income in Citrus Springs?
The median household income in Citrus Springs, FL is $57,477 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.