Oldsmar, FL

Average · 104

Florida · Population 14,872 · Updated March 2026

$1,438
Median Rent / Month
$76,100
Median Income
$346,900
Median Home Value
$1,391
Owner Costs / Month

Affordability

How far your income goes in Oldsmar

22.7%
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

$17,256
Annual Rent
$0
State Income Tax
$2,983
Property Tax (est.)

Cost of Living Overview

Oldsmar has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 104 (where 100 equals the national median), Oldsmar residents can expect to pay median rent of $1,438/month while earning a median household income of $76,100/year.

The median home value in Oldsmar, FL is $346,900, with typical monthly owner costs around $1,391 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.7% 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 Oldsmar.

Frequently Asked Questions

Common questions about living costs in Oldsmar

What is the cost of living in Oldsmar, FL?
The cost of living index in Oldsmar, FL is 104 (US average = 100). Median monthly rent is $1,438, median household income is $76,100/year, and the median home value is $346,900.
Is Oldsmar, FL affordable?
No, Oldsmar is more expensive than the national average with a cost index of 104. The rent-to-income ratio is 22.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Oldsmar, FL?
The median gross rent in Oldsmar, FL is $1,438 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,256.
What is the median household income in Oldsmar?
The median household income in Oldsmar, FL is $76,100 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.