South Bradenton, FL

Very Low · 69

Florida · Population 25,585 · Updated March 2026

$1,230
Median Rent / Month
$47,914
Median Income
$149,600
Median Home Value
$973
Owner Costs / Month

Affordability

How far your income goes in South Bradenton

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

$14,760
Annual Rent
$0
State Income Tax
$1,287
Property Tax (est.)

Cost of Living Overview

South Bradenton is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 69 (where 100 equals the national median), South Bradenton residents can expect to pay median rent of $1,230/month while earning a median household income of $47,914/year.

The median home value in South Bradenton, FL is $149,600, with typical monthly owner costs around $973 including mortgage, insurance, and taxes. At 30.8% rent-to-income ratio, residents of South Bradenton 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 South Bradenton.

Frequently Asked Questions

Common questions about living costs in South Bradenton

What is the cost of living in South Bradenton, FL?
The cost of living index in South Bradenton, FL is 69 (US average = 100). Median monthly rent is $1,230, median household income is $47,914/year, and the median home value is $149,600.
Is South Bradenton, FL affordable?
Yes, South Bradenton is more affordable than the national average with a cost index of 69. The rent-to-income ratio is 30.8%—above the 30%% affordability threshold.
What is the average rent in South Bradenton, FL?
The median gross rent in South Bradenton, FL is $1,230 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,760.
What is the median household income in South Bradenton?
The median household income in South Bradenton, FL is $47,914 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.