Cost of Living in Gulf County, Florida
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Gulf County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Gulf County ranks #1,987 of 3,142 counties for affordability (bottom 37%)
Sourced county brief
Gulf County Median Rent Percentage Estimated at 36.4 Percent
In Gulf County, the median gross rent as a percentage of household income (GRAPI) is 36.4% based on official ACS table B25071. This figure is 3.6 percentage points higher than the Florida unweighted county mean GRAPI of 32.8%. The median gross rent in the county (B25064) is $1,187 per month, compared to the state unweighted county mean of $1,304. For residents in owner-occupied units, the median home value (B25077) is $250,000, which is below the state unweighted county mean of $284,325. Median selected monthly owner costs (B25088) are $788, while the Florida unweighted county mean for this metric is $1,039. The median renter-household income (B25119) in the county was estimated at $40,272. These data points provide a static overview of housing costs and income levels from the 2020-2024 release. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Gulf County
Affordability Verdict
ACS B25071 estimates median gross rent at 36.4% of renter household income in Gulf County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,187 per month; median selected monthly owner costs are $788. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $47,480 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Florida unweighted mean of county median rents is $1,304 per month. Gulf County's $1,187 median is 9.0% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Gulf County
Rent Burden
23.3%
of gross income
Max Housing (28% Rule)
$1,428
per month
Owner Cost Burden
15.5%
of gross income
The median home in Gulf County may be a stretch
Median home value is $250,000. Estimated monthly cost: $1,996 vs. your max of $1,428.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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