Holly Hill, FL

Very Low · 74

Florida · Population 13,002 · Updated March 2026

$1,277
Median Rent / Month
$46,360
Median Income
$168,600
Median Home Value
$1,069
Owner Costs / Month

Affordability

How far your income goes in Holly Hill

33.1%
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

$15,324
Annual Rent
$0
State Income Tax
$1,450
Property Tax (est.)

Cost of Living Overview

Holly Hill is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 74 (where 100 equals the national median), Holly Hill residents can expect to pay median rent of $1,277/month while earning a median household income of $46,360/year.

The median home value in Holly Hill, FL is $168,600, with typical monthly owner costs around $1,069 including mortgage, insurance, and taxes. At 33.1% rent-to-income ratio, residents of Holly Hill 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 Holly Hill.

Frequently Asked Questions

Common questions about living costs in Holly Hill

What is the cost of living in Holly Hill, FL?
The cost of living index in Holly Hill, FL is 74 (US average = 100). Median monthly rent is $1,277, median household income is $46,360/year, and the median home value is $168,600.
Is Holly Hill, FL affordable?
Yes, Holly Hill is more affordable than the national average with a cost index of 74. The rent-to-income ratio is 33.1%—above the 30%% affordability threshold.
What is the average rent in Holly Hill, FL?
The median gross rent in Holly Hill, FL is $1,277 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,324.
What is the median household income in Holly Hill?
The median household income in Holly Hill, FL is $46,360 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.