Groveland, FL

Above Avg · 113

Florida · Population 20,621 · Updated March 2026

$1,579
Median Rent / Month
$92,258
Median Income
$344,000
Median Home Value
$1,691
Owner Costs / Month

Affordability

How far your income goes in Groveland

20.5%
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

$18,948
Annual Rent
$0
State Income Tax
$2,958
Property Tax (est.)

Cost of Living Overview

Groveland is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 113 (where 100 equals the national median), Groveland residents can expect to pay median rent of $1,579/month while earning a median household income of $92,258/year.

The median home value in Groveland, FL is $344,000, with typical monthly owner costs around $1,691 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.5% 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 Groveland.

Frequently Asked Questions

Common questions about living costs in Groveland

What is the cost of living in Groveland, FL?
The cost of living index in Groveland, FL is 113 (US average = 100). Median monthly rent is $1,579, median household income is $92,258/year, and the median home value is $344,000.
Is Groveland, FL affordable?
No, Groveland is more expensive than the national average with a cost index of 113. The rent-to-income ratio is 20.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Groveland, FL?
The median gross rent in Groveland, FL is $1,579 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,948.
What is the median household income in Groveland?
The median household income in Groveland, FL is $92,258 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.