Clermont, FL

Above Avg · 119

Florida · Population 44,984 · Updated March 2026

$1,774
Median Rent / Month
$79,789
Median Income
$368,600
Median Home Value
$1,578
Owner Costs / Month

Affordability

How far your income goes in Clermont

26.7%
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

$21,288
Annual Rent
$0
State Income Tax
$3,170
Property Tax (est.)

Cost of Living Overview

Clermont is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 119 (where 100 equals the national median), Clermont residents can expect to pay median rent of $1,774/month while earning a median household income of $79,789/year.

The median home value in Clermont, FL is $368,600, with typical monthly owner costs around $1,578 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.7%, Clermont 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 Clermont.

Frequently Asked Questions

Common questions about living costs in Clermont

What is the cost of living in Clermont, FL?
The cost of living index in Clermont, FL is 119 (US average = 100). Median monthly rent is $1,774, median household income is $79,789/year, and the median home value is $368,600.
Is Clermont, FL affordable?
No, Clermont is more expensive than the national average with a cost index of 119. The rent-to-income ratio is 26.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Clermont, FL?
The median gross rent in Clermont, FL is $1,774 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,288.
What is the median household income in Clermont?
The median household income in Clermont, FL is $79,789 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.