West Park, FL

Above Avg · 114

Florida · Population 15,076 · Updated March 2026

$1,731
Median Rent / Month
$58,825
Median Income
$324,000
Median Home Value
$1,642
Owner Costs / Month

Affordability

How far your income goes in West Park

35.3%
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

$20,772
Annual Rent
$0
State Income Tax
$2,786
Property Tax (est.)

Cost of Living Overview

West Park is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 114 (where 100 equals the national median), West Park residents can expect to pay median rent of $1,731/month while earning a median household income of $58,825/year.

The median home value in West Park, FL is $324,000, with typical monthly owner costs around $1,642 including mortgage, insurance, and taxes. The 35.3% 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 West Park.

Frequently Asked Questions

Common questions about living costs in West Park

What is the cost of living in West Park, FL?
The cost of living index in West Park, FL is 114 (US average = 100). Median monthly rent is $1,731, median household income is $58,825/year, and the median home value is $324,000.
Is West Park, FL affordable?
No, West Park is more expensive than the national average with a cost index of 114. The rent-to-income ratio is 35.3%—above the 30%% affordability threshold.
What is the average rent in West Park, FL?
The median gross rent in West Park, FL is $1,731 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,772.
What is the median household income in West Park?
The median household income in West Park, FL is $58,825 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.