Tamarac, FL

Average · 106

Florida · Population 71,887 · Updated March 2026

$1,791
Median Rent / Month
$59,216
Median Income
$259,100
Median Home Value
$1,498
Owner Costs / Month

Affordability

How far your income goes in Tamarac

36.3%
Rent-to-Income Ratio
Burdened
Rent takes more than 35% of median income — considered cost-burdened.

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

$21,492
Annual Rent
$0
State Income Tax
$2,228
Property Tax (est.)

Cost of Living Overview

Tamarac 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), Tamarac residents can expect to pay median rent of $1,791/month while earning a median household income of $59,216/year.

The median home value in Tamarac, FL is $259,100, with typical monthly owner costs around $1,498 including mortgage, insurance, and taxes. The 36.3% rent-to-income ratio indicates significant housing cost burden. Residents spend well over a third of their income on rent alone.

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 Tamarac.

Frequently Asked Questions

Common questions about living costs in Tamarac

What is the cost of living in Tamarac, FL?
The cost of living index in Tamarac, FL is 106 (US average = 100). Median monthly rent is $1,791, median household income is $59,216/year, and the median home value is $259,100.
Is Tamarac, FL affordable?
No, Tamarac is more expensive than the national average with a cost index of 106. The rent-to-income ratio is 36.3%—above the 30%% affordability threshold.
What is the average rent in Tamarac, FL?
The median gross rent in Tamarac, FL is $1,791 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,492.
What is the median household income in Tamarac?
The median household income in Tamarac, FL is $59,216 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.