Jasmine Estates, FL

Below Avg · 79

Florida · Population 23,151 · Updated March 2026

$1,376
Median Rent / Month
$51,301
Median Income
$172,400
Median Home Value
$1,172
Owner Costs / Month

Affordability

How far your income goes in Jasmine Estates

32.2%
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

$16,512
Annual Rent
$0
State Income Tax
$1,483
Property Tax (est.)

Cost of Living Overview

Jasmine Estates is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 79 (where 100 equals the national median), Jasmine Estates residents can expect to pay median rent of $1,376/month while earning a median household income of $51,301/year.

The median home value in Jasmine Estates, FL is $172,400, with typical monthly owner costs around $1,172 including mortgage, insurance, and taxes. At 32.2% rent-to-income ratio, residents of Jasmine Estates 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 Jasmine Estates.

Frequently Asked Questions

Common questions about living costs in Jasmine Estates

What is the cost of living in Jasmine Estates, FL?
The cost of living index in Jasmine Estates, FL is 79 (US average = 100). Median monthly rent is $1,376, median household income is $51,301/year, and the median home value is $172,400.
Is Jasmine Estates, FL affordable?
Yes, Jasmine Estates is more affordable than the national average with a cost index of 79. The rent-to-income ratio is 32.2%—above the 30%% affordability threshold.
What is the average rent in Jasmine Estates, FL?
The median gross rent in Jasmine Estates, FL is $1,376 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $16,512.
What is the median household income in Jasmine Estates?
The median household income in Jasmine Estates, FL is $51,301 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.