Winter Springs, FL

Above Avg · 116

Florida · Population 38,448 · Updated March 2026

$1,779
Median Rent / Month
$86,332
Median Income
$342,400
Median Home Value
$1,564
Owner Costs / Month

Affordability

How far your income goes in Winter Springs

24.7%
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

$21,348
Annual Rent
$0
State Income Tax
$2,945
Property Tax (est.)

Cost of Living Overview

Winter Springs is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 116 (where 100 equals the national median), Winter Springs residents can expect to pay median rent of $1,779/month while earning a median household income of $86,332/year.

The median home value in Winter Springs, FL is $342,400, with typical monthly owner costs around $1,564 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.7% 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 Springs.

Frequently Asked Questions

Common questions about living costs in Winter Springs

What is the cost of living in Winter Springs, FL?
The cost of living index in Winter Springs, FL is 116 (US average = 100). Median monthly rent is $1,779, median household income is $86,332/year, and the median home value is $342,400.
Is Winter Springs, FL affordable?
No, Winter Springs is more expensive than the national average with a cost index of 116. The rent-to-income ratio is 24.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Winter Springs, FL?
The median gross rent in Winter Springs, FL is $1,779 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,348.
What is the median household income in Winter Springs?
The median household income in Winter Springs, FL is $86,332 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.