South Venice, FL

Average · 106

Florida · Population 17,399 · Updated March 2026

$1,790
Median Rent / Month
$72,322
Median Income
$293,600
Median Home Value
$1,270
Owner Costs / Month

Affordability

How far your income goes in South Venice

29.7%
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

$21,480
Annual Rent
$0
State Income Tax
$2,525
Property Tax (est.)

Cost of Living Overview

South Venice is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 106 (where 100 equals the national median), South Venice residents can expect to pay median rent of $1,790/month while earning a median household income of $72,322/year.

The median home value in South Venice, FL is $293,600, with typical monthly owner costs around $1,270 including mortgage, insurance, and taxes. With a rent-to-income ratio of 29.7%, South Venice 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 South Venice.

Frequently Asked Questions

Common questions about living costs in South Venice

What is the cost of living in South Venice, FL?
The cost of living index in South Venice, FL is 106 (US average = 100). Median monthly rent is $1,790, median household income is $72,322/year, and the median home value is $293,600.
Is South Venice, FL affordable?
No, South Venice is more expensive than the national average with a cost index of 106. The rent-to-income ratio is 29.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in South Venice, FL?
The median gross rent in South Venice, FL is $1,790 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,480.
What is the median household income in South Venice?
The median household income in South Venice, FL is $72,322 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.