Wilton Manors, FL

Very High · 137

Florida · Population 11,403 · Updated March 2026

$1,789
Median Rent / Month
$79,390
Median Income
$508,300
Median Home Value
$1,685
Owner Costs / Month

Affordability

How far your income goes in Wilton Manors

27.0%
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

$21,468
Annual Rent
$0
State Income Tax
$4,371
Property Tax (est.)

Cost of Living Overview

Wilton Manors has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 137 (where 100 equals the national median), Wilton Manors residents can expect to pay median rent of $1,789/month while earning a median household income of $79,390/year.

The median home value in Wilton Manors, FL is $508,300, with typical monthly owner costs around $1,685 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.0%, Wilton Manors 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 Wilton Manors.

Frequently Asked Questions

Common questions about living costs in Wilton Manors

What is the cost of living in Wilton Manors, FL?
The cost of living index in Wilton Manors, FL is 137 (US average = 100). Median monthly rent is $1,789, median household income is $79,390/year, and the median home value is $508,300.
Is Wilton Manors, FL affordable?
No, Wilton Manors is more expensive than the national average with a cost index of 137. The rent-to-income ratio is 27.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Wilton Manors, FL?
The median gross rent in Wilton Manors, FL is $1,789 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,468.
What is the median household income in Wilton Manors?
The median household income in Wilton Manors, FL is $79,390 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.