Davenport, FL

Very High · 146

Florida · Population 11,660 · Updated March 2026

$2,875
Median Rent / Month
$65,157
Median Income
$297,000
Median Home Value
$1,805
Owner Costs / Month

Affordability

How far your income goes in Davenport

52.9%
Rent-to-Income Ratio
Burdened
Rent takes more than 35% of median income — considered cost-burdened.

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

$34,500
Annual Rent
$0
State Income Tax
$2,554
Property Tax (est.)

Cost of Living Overview

Davenport has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 146 (where 100 equals the national median), Davenport residents can expect to pay median rent of $2,875/month while earning a median household income of $65,157/year.

The median home value in Davenport, FL is $297,000, with typical monthly owner costs around $1,805 including mortgage, insurance, and taxes. The 52.9% rent-to-income ratio indicates significant housing cost burden. Residents spend well over a third of their income on rent alone.

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 Davenport.

Frequently Asked Questions

Common questions about living costs in Davenport

What is the cost of living in Davenport, FL?
The cost of living index in Davenport, FL is 146 (US average = 100). Median monthly rent is $2,875, median household income is $65,157/year, and the median home value is $297,000.
Is Davenport, FL affordable?
No, Davenport is more expensive than the national average with a cost index of 146. The rent-to-income ratio is 52.9%—above the 30%% affordability threshold.
What is the average rent in Davenport, FL?
The median gross rent in Davenport, FL is $2,875 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $34,500.
What is the median household income in Davenport?
The median household income in Davenport, FL is $65,157 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.