Pinewood, FL

Average · 101

Florida · Population 17,427 · Updated March 2026

$1,460
Median Rent / Month
$47,551
Median Income
$315,400
Median Home Value
$1,384
Owner Costs / Month

Affordability

How far your income goes in Pinewood

36.8%
Rent-to-Income Ratio
Burdened
Rent takes more than 35% of median income — considered cost-burdened.

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

$17,520
Annual Rent
$0
State Income Tax
$2,712
Property Tax (est.)

Cost of Living Overview

Pinewood has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 101 (where 100 equals the national median), Pinewood residents can expect to pay median rent of $1,460/month while earning a median household income of $47,551/year.

The median home value in Pinewood, FL is $315,400, with typical monthly owner costs around $1,384 including mortgage, insurance, and taxes. The 36.8% rent-to-income ratio indicates significant housing cost burden. Residents spend well over a third of their income on rent alone.

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 Pinewood.

Frequently Asked Questions

Common questions about living costs in Pinewood

What is the cost of living in Pinewood, FL?
The cost of living index in Pinewood, FL is 101 (US average = 100). Median monthly rent is $1,460, median household income is $47,551/year, and the median home value is $315,400.
Is Pinewood, FL affordable?
No, Pinewood is more expensive than the national average with a cost index of 101. The rent-to-income ratio is 36.8%—above the 30%% affordability threshold.
What is the average rent in Pinewood, FL?
The median gross rent in Pinewood, FL is $1,460 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,520.
What is the median household income in Pinewood?
The median household income in Pinewood, FL is $47,551 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.