Pompano Beach, FL

Average · 109

Florida · Population 112,212 · Updated March 2026

$1,636
Median Rent / Month
$63,832
Median Income
$321,900
Median Home Value
$1,527
Owner Costs / Month

Affordability

How far your income goes in Pompano Beach

30.8%
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

$19,632
Annual Rent
$0
State Income Tax
$2,768
Property Tax (est.)

Cost of Living Overview

Pompano Beach is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 109 (where 100 equals the national median), Pompano Beach residents can expect to pay median rent of $1,636/month while earning a median household income of $63,832/year.

The median home value in Pompano Beach, FL is $321,900, with typical monthly owner costs around $1,527 including mortgage, insurance, and taxes. At 30.8% rent-to-income ratio, residents of Pompano Beach 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 Pompano Beach.

Frequently Asked Questions

Common questions about living costs in Pompano Beach

What is the cost of living in Pompano Beach, FL?
The cost of living index in Pompano Beach, FL is 109 (US average = 100). Median monthly rent is $1,636, median household income is $63,832/year, and the median home value is $321,900.
Is Pompano Beach, FL affordable?
No, Pompano Beach is more expensive than the national average with a cost index of 109. The rent-to-income ratio is 30.8%—above the 30%% affordability threshold.
What is the average rent in Pompano Beach, FL?
The median gross rent in Pompano Beach, FL is $1,636 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,632.
What is the median household income in Pompano Beach?
The median household income in Pompano Beach, FL is $63,832 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.

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