Seminole, FL

Average · 104

Florida · Population 19,336 · Updated March 2026

$1,645
Median Rent / Month
$77,335
Median Income
$312,700
Median Home Value
$1,314
Owner Costs / Month

Affordability

How far your income goes in Seminole

25.5%
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

$19,740
Annual Rent
$0
State Income Tax
$2,689
Property Tax (est.)

Cost of Living Overview

Seminole has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 104 (where 100 equals the national median), Seminole residents can expect to pay median rent of $1,645/month while earning a median household income of $77,335/year.

The median home value in Seminole, FL is $312,700, with typical monthly owner costs around $1,314 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.5%, Seminole 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 Seminole.

Frequently Asked Questions

Common questions about living costs in Seminole

What is the cost of living in Seminole, FL?
The cost of living index in Seminole, FL is 104 (US average = 100). Median monthly rent is $1,645, median household income is $77,335/year, and the median home value is $312,700.
Is Seminole, FL affordable?
No, Seminole is more expensive than the national average with a cost index of 104. The rent-to-income ratio is 25.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Seminole, FL?
The median gross rent in Seminole, FL is $1,645 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,740.
What is the median household income in Seminole?
The median household income in Seminole, FL is $77,335 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.