Lockhart, FL

Average · 95

Florida · Population 14,753 · Updated March 2026

$1,560
Median Rent / Month
$70,051
Median Income
$247,400
Median Home Value
$1,350
Owner Costs / Month

Affordability

How far your income goes in Lockhart

26.7%
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

$18,720
Annual Rent
$0
State Income Tax
$2,128
Property Tax (est.)

Cost of Living Overview

Lockhart has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 95 (where 100 equals the national median), Lockhart residents can expect to pay median rent of $1,560/month while earning a median household income of $70,051/year.

The median home value in Lockhart, FL is $247,400, with typical monthly owner costs around $1,350 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.7%, Lockhart falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Lockhart.

Frequently Asked Questions

Common questions about living costs in Lockhart

What is the cost of living in Lockhart, FL?
The cost of living index in Lockhart, FL is 95 (US average = 100). Median monthly rent is $1,560, median household income is $70,051/year, and the median home value is $247,400.
Is Lockhart, FL affordable?
Yes, Lockhart is more affordable than the national average with a cost index of 95. The rent-to-income ratio is 26.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Lockhart, FL?
The median gross rent in Lockhart, FL is $1,560 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,720.
What is the median household income in Lockhart?
The median household income in Lockhart, FL is $70,051 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.