Gulfport, FL

Average · 102

Florida · Population 11,735 · Updated March 2026

$1,487
Median Rent / Month
$68,617
Median Income
$335,100
Median Home Value
$1,297
Owner Costs / Month

Affordability

How far your income goes in Gulfport

26.0%
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

$17,844
Annual Rent
$0
State Income Tax
$2,882
Property Tax (est.)

Cost of Living Overview

Gulfport has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 102 (where 100 equals the national median), Gulfport residents can expect to pay median rent of $1,487/month while earning a median household income of $68,617/year.

The median home value in Gulfport, FL is $335,100, with typical monthly owner costs around $1,297 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.0%, Gulfport falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Gulfport.

Frequently Asked Questions

Common questions about living costs in Gulfport

What is the cost of living in Gulfport, FL?
The cost of living index in Gulfport, FL is 102 (US average = 100). Median monthly rent is $1,487, median household income is $68,617/year, and the median home value is $335,100.
Is Gulfport, FL affordable?
No, Gulfport is more expensive than the national average with a cost index of 102. The rent-to-income ratio is 26.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Gulfport, FL?
The median gross rent in Gulfport, FL is $1,487 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,844.
What is the median household income in Gulfport?
The median household income in Gulfport, FL is $68,617 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.