Progress, FL

Above Avg · 115

Florida · Population 10,378 · Updated March 2026

$1,927
Median Rent / Month
$85,814
Median Income
$266,200
Median Home Value
$1,773
Owner Costs / Month

Affordability

How far your income goes in Progress

26.9%
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

$23,124
Annual Rent
$0
State Income Tax
$2,289
Property Tax (est.)

Cost of Living Overview

Progress is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 115 (where 100 equals the national median), Progress residents can expect to pay median rent of $1,927/month while earning a median household income of $85,814/year.

The median home value in Progress, FL is $266,200, with typical monthly owner costs around $1,773 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.9%, Progress falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Progress.

Frequently Asked Questions

Common questions about living costs in Progress

What is the cost of living in Progress, FL?
The cost of living index in Progress, FL is 115 (US average = 100). Median monthly rent is $1,927, median household income is $85,814/year, and the median home value is $266,200.
Is Progress, FL affordable?
No, Progress is more expensive than the national average with a cost index of 115. The rent-to-income ratio is 26.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Progress, FL?
The median gross rent in Progress, FL is $1,927 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $23,124.
What is the median household income in Progress?
The median household income in Progress, FL is $85,814 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.