Sunrise, FL

Above Avg · 123

Florida · Population 96,633 · Updated March 2026

$1,999
Median Rent / Month
$72,107
Median Income
$328,700
Median Home Value
$1,711
Owner Costs / Month

Affordability

How far your income goes in Sunrise

33.3%
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

$23,988
Annual Rent
$0
State Income Tax
$2,827
Property Tax (est.)

Cost of Living Overview

Sunrise has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 123 (where 100 equals the national median), Sunrise residents can expect to pay median rent of $1,999/month while earning a median household income of $72,107/year.

The median home value in Sunrise, FL is $328,700, with typical monthly owner costs around $1,711 including mortgage, insurance, and taxes. At 33.3% rent-to-income ratio, residents of Sunrise 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 Sunrise.

Frequently Asked Questions

Common questions about living costs in Sunrise

What is the cost of living in Sunrise, FL?
The cost of living index in Sunrise, FL is 123 (US average = 100). Median monthly rent is $1,999, median household income is $72,107/year, and the median home value is $328,700.
Is Sunrise, FL affordable?
No, Sunrise is more expensive than the national average with a cost index of 123. The rent-to-income ratio is 33.3%—above the 30%% affordability threshold.
What is the average rent in Sunrise, FL?
The median gross rent in Sunrise, FL is $1,999 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $23,988.
What is the median household income in Sunrise?
The median household income in Sunrise, FL is $72,107 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.