North Port, FL

Average · 108

Florida · Population 80,512 · Updated March 2026

$1,738
Median Rent / Month
$81,940
Median Income
$328,700
Median Home Value
$1,277
Owner Costs / Month

Affordability

How far your income goes in North Port

25.5%
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

$20,856
Annual Rent
$0
State Income Tax
$2,827
Property Tax (est.)

Cost of Living Overview

North Port is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 108 (where 100 equals the national median), North Port residents can expect to pay median rent of $1,738/month while earning a median household income of $81,940/year.

The median home value in North Port, FL is $328,700, with typical monthly owner costs around $1,277 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.5%, North Port 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 North Port.

Frequently Asked Questions

Common questions about living costs in North Port

What is the cost of living in North Port, FL?
The cost of living index in North Port, FL is 108 (US average = 100). Median monthly rent is $1,738, median household income is $81,940/year, and the median home value is $328,700.
Is North Port, FL affordable?
No, North Port is more expensive than the national average with a cost index of 108. The rent-to-income ratio is 25.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in North Port, FL?
The median gross rent in North Port, FL is $1,738 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,856.
What is the median household income in North Port?
The median household income in North Port, FL is $81,940 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.