Horizon West, FL

Very High · 158

Florida · Population 62,152 · Updated March 2026

$2,236
Median Rent / Month
$123,586
Median Income
$498,700
Median Home Value
$2,242
Owner Costs / Month

Affordability

How far your income goes in Horizon West

21.7%
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

$26,832
Annual Rent
$0
State Income Tax
$4,289
Property Tax (est.)

Cost of Living Overview

Horizon West has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 158 (where 100 equals the national median), Horizon West residents can expect to pay median rent of $2,236/month while earning a median household income of $123,586/year.

The median home value in Horizon West, FL is $498,700, with typical monthly owner costs around $2,242 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.7% 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 Horizon West.

Frequently Asked Questions

Common questions about living costs in Horizon West

What is the cost of living in Horizon West, FL?
The cost of living index in Horizon West, FL is 158 (US average = 100). Median monthly rent is $2,236, median household income is $123,586/year, and the median home value is $498,700.
Is Horizon West, FL affordable?
No, Horizon West is more expensive than the national average with a cost index of 158. The rent-to-income ratio is 21.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Horizon West, FL?
The median gross rent in Horizon West, FL is $2,236 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $26,832.
What is the median household income in Horizon West?
The median household income in Horizon West, FL is $123,586 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.