Cost of Living in Citrus County, Florida

$1,069/mo
Median Monthly Rent
$223,200
Median Home Value
13% below state averageUnaffordable

At a Glance

Median Monthly Rent
$1,069/mo
13% below state average
Median Home Value
$223,200
21% below national
Rent-to-Income Ratio
33.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Citrus County Compares

Median monthly rent comparison

Citrus County$1,069/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$1,069/mo
Median Gross Rent
$223,200
Median Home Value
$710/mo
Monthly Owner Cost
33.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Citrus County, Florida

Citrus rents slightly above national stretch

At 23.2%, Citrus County's rent-to-income ratio edges above the national comfort zone, where most experts recommend staying under 30% of income. The county's median rent of $1,069 is affordable relative to the national median household income of $74,755, but Citrus residents earn $19,400 less annually than the national average at $55,355.

Citrus ranks middle of the pack statewide

Citrus County's 23.2% rent-to-income ratio sits slightly above Florida's state average of 22.5%, placing it in the middle tier for affordability across the state's 67 counties. The county's $1,069 median rent runs $164 below the state average of $1,233, offering residents modest savings compared to pricier coastal markets.

More affordable than nearby coastal counties

Citrus County undercuts its neighbors significantly: renters here pay $1,069 monthly versus $1,385 in Duval County and $1,234 in Escambia County. Meanwhile, homebuyers face median values of $223,200—well below Duval's $274,900 and comparable to Escambia's $234,200.

Renters stretch their budgets further

Citrus renters spend 23.2% of their $55,355 median income on rent, while homeowners dedicate roughly 15.4% to mortgage payments on a $223,200 median home. The gap shows renters here face tighter constraints than their mortgage-holding neighbors, with less flexibility for other essentials.

Consider Citrus for reasonable retirement living

If you're weighing Florida counties, Citrus offers breathing room below state averages without the premium prices of coastal areas. Both rents and home values remain accessible for middle-income households seeking a quieter lifestyle away from major metro sprawl.

Affordability Calculator

See how your income compares to housing costs in Citrus County

$

Rent Burden

23.2%

of gross income

Max Housing (28% Rule)

$1,292

per month

Owner Cost Burden

15.4%

of gross income

The median home in Citrus County may be a stretch

Median home value is $223,200. Estimated monthly cost: $1,782 vs. your max of $1,292.

Rent Affordability Guide

Your rent-to-income ratio23.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Citrus County, Florida?
Citrus County, Florida has a median monthly rent of $1,069/mo and a median home value of $223,200. The affordability rating is Unaffordable, with rent making up approximately 33.0% of median household income.
What is the median rent in Citrus County?
The median gross rent in Citrus County is $1,069/mo. This is 13% below state average for Florida.
Is Citrus County affordable?
Citrus County is rated Unaffordable based on rent-to-income ratio of 33.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Citrus County's rent compare to the state average?
Citrus County's median rent of $1,069/mo is 13% below state average of $1,233/mo for Florida.
What is the median home value in Citrus County?
The median home value in Citrus County, Florida is $223,200. This is 21% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.