Meadow Woods, FL

Above Avg · 122

Florida · Population 40,741 · Updated March 2026

$1,859
Median Rent / Month
$77,124
Median Income
$351,600
Median Home Value
$1,729
Owner Costs / Month

Affordability

How far your income goes in Meadow Woods

28.9%
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

$22,308
Annual Rent
$0
State Income Tax
$3,024
Property Tax (est.)

Cost of Living Overview

Meadow Woods 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), Meadow Woods residents can expect to pay median rent of $1,859/month while earning a median household income of $77,124/year.

The median home value in Meadow Woods, FL is $351,600, with typical monthly owner costs around $1,729 including mortgage, insurance, and taxes. With a rent-to-income ratio of 28.9%, Meadow Woods 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 Meadow Woods.

Frequently Asked Questions

Common questions about living costs in Meadow Woods

What is the cost of living in Meadow Woods, FL?
The cost of living index in Meadow Woods, FL is 122 (US average = 100). Median monthly rent is $1,859, median household income is $77,124/year, and the median home value is $351,600.
Is Meadow Woods, FL affordable?
No, Meadow Woods is more expensive than the national average with a cost index of 122. The rent-to-income ratio is 28.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Meadow Woods, FL?
The median gross rent in Meadow Woods, FL is $1,859 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,308.
What is the median household income in Meadow Woods?
The median household income in Meadow Woods, FL is $77,124 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.