Pine Castle, FL

Below Avg · 88

Florida · Population 10,429 · Updated March 2026

$1,249
Median Rent / Month
$46,154
Median Income
$286,900
Median Home Value
$1,209
Owner Costs / Month

Affordability

How far your income goes in Pine Castle

32.5%
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

$14,988
Annual Rent
$0
State Income Tax
$2,467
Property Tax (est.)

Cost of Living Overview

Pine Castle offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 88 (where 100 equals the national median), Pine Castle residents can expect to pay median rent of $1,249/month while earning a median household income of $46,154/year.

The median home value in Pine Castle, FL is $286,900, with typical monthly owner costs around $1,209 including mortgage, insurance, and taxes. At 32.5% rent-to-income ratio, residents of Pine Castle are spending more than the recommended 30% of income on housing, indicating moderate cost burden.

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 Pine Castle.

Frequently Asked Questions

Common questions about living costs in Pine Castle

What is the cost of living in Pine Castle, FL?
The cost of living index in Pine Castle, FL is 88 (US average = 100). Median monthly rent is $1,249, median household income is $46,154/year, and the median home value is $286,900.
Is Pine Castle, FL affordable?
Yes, Pine Castle is more affordable than the national average with a cost index of 88. The rent-to-income ratio is 32.5%—above the 30%% affordability threshold.
What is the average rent in Pine Castle, FL?
The median gross rent in Pine Castle, FL is $1,249 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,988.
What is the median household income in Pine Castle?
The median household income in Pine Castle, FL is $46,154 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.