Winter Haven, FL

Below Avg · 83

Florida · Population 52,846 · Updated March 2026

$1,200
Median Rent / Month
$59,604
Median Income
$248,200
Median Home Value
$1,214
Owner Costs / Month

Affordability

How far your income goes in Winter Haven

24.2%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

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

$14,400
Annual Rent
$0
State Income Tax
$2,135
Property Tax (est.)

Cost of Living Overview

Winter Haven is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 83 (where 100 equals the national median), Winter Haven residents can expect to pay median rent of $1,200/month while earning a median household income of $59,604/year.

The median home value in Winter Haven, FL is $248,200, with typical monthly owner costs around $1,214 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.2% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

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 Winter Haven.

Frequently Asked Questions

Common questions about living costs in Winter Haven

What is the cost of living in Winter Haven, FL?
The cost of living index in Winter Haven, FL is 83 (US average = 100). Median monthly rent is $1,200, median household income is $59,604/year, and the median home value is $248,200.
Is Winter Haven, FL affordable?
Yes, Winter Haven is more affordable than the national average with a cost index of 83. The rent-to-income ratio is 24.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Winter Haven, FL?
The median gross rent in Winter Haven, FL is $1,200 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,400.
What is the median household income in Winter Haven?
The median household income in Winter Haven, FL is $59,604 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.