Sebring, FL

Very Low · 63

Florida · Population 11,185 · Updated March 2026

$974
Median Rent / Month
$42,072
Median Income
$175,000
Median Home Value
$909
Owner Costs / Month

Affordability

How far your income goes in Sebring

27.8%
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

$11,688
Annual Rent
$0
State Income Tax
$1,505
Property Tax (est.)

Cost of Living Overview

Sebring is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 63 (where 100 equals the national median), Sebring residents can expect to pay median rent of $974/month while earning a median household income of $42,072/year.

The median home value in Sebring, FL is $175,000, with typical monthly owner costs around $909 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.8%, Sebring 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 Sebring.

Frequently Asked Questions

Common questions about living costs in Sebring

What is the cost of living in Sebring, FL?
The cost of living index in Sebring, FL is 63 (US average = 100). Median monthly rent is $974, median household income is $42,072/year, and the median home value is $175,000.
Is Sebring, FL affordable?
Yes, Sebring is more affordable than the national average with a cost index of 63. The rent-to-income ratio is 27.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Sebring, FL?
The median gross rent in Sebring, FL is $974 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,688.
What is the median household income in Sebring?
The median household income in Sebring, FL is $42,072 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.