Ormond Beach, FL

Average · 95

Florida · Population 43,514 · Updated March 2026

$1,332
Median Rent / Month
$67,482
Median Income
$320,300
Median Home Value
$1,216
Owner Costs / Month

Affordability

How far your income goes in Ormond Beach

23.7%
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

$15,984
Annual Rent
$0
State Income Tax
$2,755
Property Tax (est.)

Cost of Living Overview

Ormond Beach 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), Ormond Beach residents can expect to pay median rent of $1,332/month while earning a median household income of $67,482/year.

The median home value in Ormond Beach, FL is $320,300, with typical monthly owner costs around $1,216 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.7% 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 Ormond Beach.

Frequently Asked Questions

Common questions about living costs in Ormond Beach

What is the cost of living in Ormond Beach, FL?
The cost of living index in Ormond Beach, FL is 95 (US average = 100). Median monthly rent is $1,332, median household income is $67,482/year, and the median home value is $320,300.
Is Ormond Beach, FL affordable?
Yes, Ormond Beach is more affordable than the national average with a cost index of 95. The rent-to-income ratio is 23.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Ormond Beach, FL?
The median gross rent in Ormond Beach, FL is $1,332 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,984.
What is the median household income in Ormond Beach?
The median household income in Ormond Beach, FL is $67,482 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.