Elfers, FL

Below Avg · 75

Florida · Population 13,877 · Updated March 2026

$1,304
Median Rent / Month
$52,979
Median Income
$173,400
Median Home Value
$1,054
Owner Costs / Month

Affordability

How far your income goes in Elfers

29.5%
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

$15,648
Annual Rent
$0
State Income Tax
$1,491
Property Tax (est.)

Cost of Living Overview

Elfers is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 75 (where 100 equals the national median), Elfers residents can expect to pay median rent of $1,304/month while earning a median household income of $52,979/year.

The median home value in Elfers, FL is $173,400, with typical monthly owner costs around $1,054 including mortgage, insurance, and taxes. With a rent-to-income ratio of 29.5%, Elfers 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 Elfers.

Frequently Asked Questions

Common questions about living costs in Elfers

What is the cost of living in Elfers, FL?
The cost of living index in Elfers, FL is 75 (US average = 100). Median monthly rent is $1,304, median household income is $52,979/year, and the median home value is $173,400.
Is Elfers, FL affordable?
Yes, Elfers is more affordable than the national average with a cost index of 75. The rent-to-income ratio is 29.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Elfers, FL?
The median gross rent in Elfers, FL is $1,304 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,648.
What is the median household income in Elfers?
The median household income in Elfers, FL is $52,979 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.