Florida Ridge, FL

Below Avg · 81

Florida · Population 21,517 · Updated March 2026

$1,209
Median Rent / Month
$64,956
Median Income
$250,500
Median Home Value
$1,086
Owner Costs / Month

Affordability

How far your income goes in Florida Ridge

22.3%
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

$14,508
Annual Rent
$0
State Income Tax
$2,154
Property Tax (est.)

Cost of Living Overview

Florida Ridge is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 81 (where 100 equals the national median), Florida Ridge residents can expect to pay median rent of $1,209/month while earning a median household income of $64,956/year.

The median home value in Florida Ridge, FL is $250,500, with typical monthly owner costs around $1,086 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.3% 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 Florida Ridge.

Frequently Asked Questions

Common questions about living costs in Florida Ridge

What is the cost of living in Florida Ridge, FL?
The cost of living index in Florida Ridge, FL is 81 (US average = 100). Median monthly rent is $1,209, median household income is $64,956/year, and the median home value is $250,500.
Is Florida Ridge, FL affordable?
Yes, Florida Ridge is more affordable than the national average with a cost index of 81. The rent-to-income ratio is 22.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Florida Ridge, FL?
The median gross rent in Florida Ridge, FL is $1,209 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,508.
What is the median household income in Florida Ridge?
The median household income in Florida Ridge, FL is $64,956 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.