Golden Glades, FL

Average · 105

Florida · Population 35,042 · Updated March 2026

$1,444
Median Rent / Month
$49,932
Median Income
$346,900
Median Home Value
$1,457
Owner Costs / Month

Affordability

How far your income goes in Golden Glades

34.7%
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

$17,328
Annual Rent
$0
State Income Tax
$2,983
Property Tax (est.)

Cost of Living Overview

Golden Glades is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 105 (where 100 equals the national median), Golden Glades residents can expect to pay median rent of $1,444/month while earning a median household income of $49,932/year.

The median home value in Golden Glades, FL is $346,900, with typical monthly owner costs around $1,457 including mortgage, insurance, and taxes. At 34.7% rent-to-income ratio, residents of Golden Glades 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 Glades.

Frequently Asked Questions

Common questions about living costs in Golden Glades

What is the cost of living in Golden Glades, FL?
The cost of living index in Golden Glades, FL is 105 (US average = 100). Median monthly rent is $1,444, median household income is $49,932/year, and the median home value is $346,900.
Is Golden Glades, FL affordable?
No, Golden Glades is more expensive than the national average with a cost index of 105. The rent-to-income ratio is 34.7%—above the 30%% affordability threshold.
What is the average rent in Golden Glades, FL?
The median gross rent in Golden Glades, FL is $1,444 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,328.
What is the median household income in Golden Glades?
The median household income in Golden Glades, FL is $49,932 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.