Satellite Beach, FL

Very High · 136

Florida · Population 11,250 · Updated March 2026

$1,921
Median Rent / Month
$115,684
Median Income
$459,800
Median Home Value
$1,752
Owner Costs / Month

Affordability

How far your income goes in Satellite Beach

19.9%
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

$23,052
Annual Rent
$0
State Income Tax
$3,954
Property Tax (est.)

Cost of Living Overview

Satellite Beach has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 136 (where 100 equals the national median), Satellite Beach residents can expect to pay median rent of $1,921/month while earning a median household income of $115,684/year.

The median home value in Satellite Beach, FL is $459,800, with typical monthly owner costs around $1,752 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.9% 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 Satellite Beach.

Frequently Asked Questions

Common questions about living costs in Satellite Beach

What is the cost of living in Satellite Beach, FL?
The cost of living index in Satellite Beach, FL is 136 (US average = 100). Median monthly rent is $1,921, median household income is $115,684/year, and the median home value is $459,800.
Is Satellite Beach, FL affordable?
No, Satellite Beach is more expensive than the national average with a cost index of 136. The rent-to-income ratio is 19.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Satellite Beach, FL?
The median gross rent in Satellite Beach, FL is $1,921 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $23,052.
What is the median household income in Satellite Beach?
The median household income in Satellite Beach, FL is $115,684 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.