Land O' Lakes, FL

Above Avg · 122

Florida · Population 41,845 · Updated March 2026

$1,923
Median Rent / Month
$98,648
Median Income
$349,900
Median Home Value
$1,614
Owner Costs / Month

Affordability

How far your income goes in Land O' Lakes

23.4%
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

$23,076
Annual Rent
$0
State Income Tax
$3,009
Property Tax (est.)

Cost of Living Overview

Land O' Lakes has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 122 (where 100 equals the national median), Land O' Lakes residents can expect to pay median rent of $1,923/month while earning a median household income of $98,648/year.

The median home value in Land O' Lakes, FL is $349,900, with typical monthly owner costs around $1,614 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.4% 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 Land O' Lakes.

Frequently Asked Questions

Common questions about living costs in Land O' Lakes

What is the cost of living in Land O' Lakes, FL?
The cost of living index in Land O' Lakes, FL is 122 (US average = 100). Median monthly rent is $1,923, median household income is $98,648/year, and the median home value is $349,900.
Is Land O' Lakes, FL affordable?
No, Land O' Lakes is more expensive than the national average with a cost index of 122. The rent-to-income ratio is 23.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Land O' Lakes, FL?
The median gross rent in Land O' Lakes, FL is $1,923 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $23,076.
What is the median household income in Land O' Lakes?
The median household income in Land O' Lakes, FL is $98,648 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.