Florida · Population 12,603 · Updated March 2026
How far your income goes in Goldenrod
State-level tax rates that affect your costs
Goldenrod is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 112 (where 100 equals the national median), Goldenrod residents can expect to pay median rent of $1,673/month while earning a median household income of $62,410/year.
The median home value in Goldenrod, FL is $332,700, with typical monthly owner costs around $1,597 including mortgage, insurance, and taxes. At 32.2% rent-to-income ratio, residents of Goldenrod 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 Goldenrod.
Common questions about living costs in Goldenrod