Fairview Shores, FL

Average · 93

Florida · Population 11,064 · Updated March 2026

$1,246
Median Rent / Month
$61,387
Median Income
$315,200
Median Home Value
$1,272
Owner Costs / Month

Affordability

How far your income goes in Fairview Shores

24.4%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

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

$14,952
Annual Rent
$0
State Income Tax
$2,711
Property Tax (est.)

Cost of Living Overview

Fairview Shores offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 93 (where 100 equals the national median), Fairview Shores residents can expect to pay median rent of $1,246/month while earning a median household income of $61,387/year.

The median home value in Fairview Shores, FL is $315,200, with typical monthly owner costs around $1,272 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.4% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

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 Fairview Shores.

Frequently Asked Questions

Common questions about living costs in Fairview Shores

What is the cost of living in Fairview Shores, FL?
The cost of living index in Fairview Shores, FL is 93 (US average = 100). Median monthly rent is $1,246, median household income is $61,387/year, and the median home value is $315,200.
Is Fairview Shores, FL affordable?
Yes, Fairview Shores is more affordable than the national average with a cost index of 93. The rent-to-income ratio is 24.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Fairview Shores, FL?
The median gross rent in Fairview Shores, FL is $1,246 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,952.
What is the median household income in Fairview Shores?
The median household income in Fairview Shores, FL is $61,387 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.