Plant, FL

Below Avg · 87

Florida · Population 40,009 · Updated March 2026

$1,334
Median Rent / Month
$64,536
Median Income
$251,500
Median Home Value
$1,220
Owner Costs / Month

Affordability

How far your income goes in Plant

24.8%
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

$16,008
Annual Rent
$0
State Income Tax
$2,163
Property Tax (est.)

Cost of Living Overview

Plant offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 87 (where 100 equals the national median), Plant residents can expect to pay median rent of $1,334/month while earning a median household income of $64,536/year.

The median home value in Plant, FL is $251,500, with typical monthly owner costs around $1,220 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.8% 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 Plant.

Frequently Asked Questions

Common questions about living costs in Plant

What is the cost of living in Plant, FL?
The cost of living index in Plant, FL is 87 (US average = 100). Median monthly rent is $1,334, median household income is $64,536/year, and the median home value is $251,500.
Is Plant, FL affordable?
Yes, Plant is more affordable than the national average with a cost index of 87. The rent-to-income ratio is 24.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Plant, FL?
The median gross rent in Plant, FL is $1,334 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $16,008.
What is the median household income in Plant?
The median household income in Plant, FL is $64,536 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.