Hallandale Beach, FL

Average · 97

Florida · Population 41,224 · Updated March 2026

$1,580
Median Rent / Month
$48,518
Median Income
$256,900
Median Home Value
$1,349
Owner Costs / Month

Affordability

How far your income goes in Hallandale Beach

39.1%
Rent-to-Income Ratio
Burdened
Rent takes more than 35% of median income — considered cost-burdened.

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

$18,960
Annual Rent
$0
State Income Tax
$2,209
Property Tax (est.)

Cost of Living Overview

Hallandale Beach has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 97 (where 100 equals the national median), Hallandale Beach residents can expect to pay median rent of $1,580/month while earning a median household income of $48,518/year.

The median home value in Hallandale Beach, FL is $256,900, with typical monthly owner costs around $1,349 including mortgage, insurance, and taxes. The 39.1% rent-to-income ratio indicates significant housing cost burden. Residents spend well over a third of their income on rent alone.

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 Hallandale Beach.

Frequently Asked Questions

Common questions about living costs in Hallandale Beach

What is the cost of living in Hallandale Beach, FL?
The cost of living index in Hallandale Beach, FL is 97 (US average = 100). Median monthly rent is $1,580, median household income is $48,518/year, and the median home value is $256,900.
Is Hallandale Beach, FL affordable?
Yes, Hallandale Beach is more affordable than the national average with a cost index of 97. The rent-to-income ratio is 39.1%—above the 30%% affordability threshold.
What is the average rent in Hallandale Beach, FL?
The median gross rent in Hallandale Beach, FL is $1,580 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,960.
What is the median household income in Hallandale Beach?
The median household income in Hallandale Beach, FL is $48,518 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.