Wright, FL

Average · 94

Florida · Population 27,233 · Updated March 2026

$1,419
Median Rent / Month
$67,077
Median Income
$270,700
Median Home Value
$1,367
Owner Costs / Month

Affordability

How far your income goes in Wright

25.4%
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

$17,028
Annual Rent
$0
State Income Tax
$2,328
Property Tax (est.)

Cost of Living Overview

Wright offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 94 (where 100 equals the national median), Wright residents can expect to pay median rent of $1,419/month while earning a median household income of $67,077/year.

The median home value in Wright, FL is $270,700, with typical monthly owner costs around $1,367 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.4%, Wright 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 Wright.

Frequently Asked Questions

Common questions about living costs in Wright

What is the cost of living in Wright, FL?
The cost of living index in Wright, FL is 94 (US average = 100). Median monthly rent is $1,419, median household income is $67,077/year, and the median home value is $270,700.
Is Wright, FL affordable?
Yes, Wright is more affordable than the national average with a cost index of 94. The rent-to-income ratio is 25.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Wright, FL?
The median gross rent in Wright, FL is $1,419 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,028.
What is the median household income in Wright?
The median household income in Wright, FL is $67,077 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.