Wimauma, FL

Average · 97

Florida · Population 13,003 · Updated March 2026

$1,259
Median Rent / Month
$58,708
Median Income
$334,400
Median Home Value
$1,389
Owner Costs / Month

Affordability

How far your income goes in Wimauma

25.7%
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

$15,108
Annual Rent
$0
State Income Tax
$2,876
Property Tax (est.)

Cost of Living Overview

Wimauma has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 97 (where 100 equals the national median), Wimauma residents can expect to pay median rent of $1,259/month while earning a median household income of $58,708/year.

The median home value in Wimauma, FL is $334,400, with typical monthly owner costs around $1,389 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.7%, Wimauma 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 Wimauma.

Frequently Asked Questions

Common questions about living costs in Wimauma

What is the cost of living in Wimauma, FL?
The cost of living index in Wimauma, FL is 97 (US average = 100). Median monthly rent is $1,259, median household income is $58,708/year, and the median home value is $334,400.
Is Wimauma, FL affordable?
Yes, Wimauma is more affordable than the national average with a cost index of 97. The rent-to-income ratio is 25.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Wimauma, FL?
The median gross rent in Wimauma, FL is $1,259 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,108.
What is the median household income in Wimauma?
The median household income in Wimauma, FL is $58,708 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.