Cost of Living in Taylor County, Florida
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Taylor County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Taylor County, Florida
Taylor County: affordability on a shoestring
Taylor County's 23.4% rent-to-income ratio reflects deep affordability challenges, paired with the lowest median household income in our comparison at $44,985. At $878 monthly rent, housing costs remain low in absolute terms but consume a larger income share than national averages.
Lowest incomes, moderate affordability ratio
Taylor's 23.4% rent-to-income ratio exceeds Florida's state average of 22.5%, placing it among the state's more strained counties despite modest rents. The median rent of $878 sits below the statewide $1,233 median, yet incomes here run far lower.
Similar costs, similar income pressures
Taylor's $878 rent and 23.4% ratio compare closely to Suwannee ($849, 18.4%) and Union ($846, 15.6%), though Taylor's weaker incomes create sharper affordability tension. The trio of northern counties shares economic challenges despite varying absolute costs.
Lowest costs paired with lowest incomes
Renters pay $878 monthly (23.4% of income) and homeowners $467 (12.4% of income), the lowest absolute costs in our group. The median home value of $100,200 offers genuine first-time-buyer potential for residents.
Taylor for patient homebuyers with low income
Households earning under $50,000 should weigh Taylor's rock-bottom home prices ($100,200 median) against limited job opportunities and services. Renters may find better income-to-housing balance in Suwannee; those seeking growth should explore Sumter or Seminole.
Affordability Calculator
See how your income compares to housing costs in Taylor County
Rent Burden
23.4%
of gross income
Max Housing (28% Rule)
$1,050
per month
Owner Cost Burden
12.5%
of gross income
You can likely afford the median home in Taylor County
Median home value is $100,200. Estimated monthly cost: $800 vs. your max of $1,050.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.