Golden Gate, FL

Above Avg · 114

Florida · Population 28,767 · Updated March 2026

$1,641
Median Rent / Month
$64,767
Median Income
$365,400
Median Home Value
$1,517
Owner Costs / Month

Affordability

How far your income goes in Golden Gate

30.4%
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

$19,692
Annual Rent
$0
State Income Tax
$3,142
Property Tax (est.)

Cost of Living Overview

Golden Gate is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 114 (where 100 equals the national median), Golden Gate residents can expect to pay median rent of $1,641/month while earning a median household income of $64,767/year.

The median home value in Golden Gate, FL is $365,400, with typical monthly owner costs around $1,517 including mortgage, insurance, and taxes. At 30.4% rent-to-income ratio, residents of Golden Gate are spending more than the recommended 30% of income on housing, indicating moderate cost burden.

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 Golden Gate.

Frequently Asked Questions

Common questions about living costs in Golden Gate

What is the cost of living in Golden Gate, FL?
The cost of living index in Golden Gate, FL is 114 (US average = 100). Median monthly rent is $1,641, median household income is $64,767/year, and the median home value is $365,400.
Is Golden Gate, FL affordable?
No, Golden Gate is more expensive than the national average with a cost index of 114. The rent-to-income ratio is 30.4%—above the 30%% affordability threshold.
What is the average rent in Golden Gate, FL?
The median gross rent in Golden Gate, FL is $1,641 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,692.
What is the median household income in Golden Gate?
The median household income in Golden Gate, FL is $64,767 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.