Cost of Living in Taylor County, Florida

$878/mo
Median Monthly Rent
$100,200
Median Home Value
29% below state averageUnaffordable

At a Glance

Median Monthly Rent
$878/mo
29% below state average
Median Home Value
$100,200
64% 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 Taylor County Compares

Median monthly rent comparison

Taylor County$878/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$878/mo
Median Gross Rent
$100,200
Median Home Value
$467/mo
Monthly Owner Cost
33.0%
Rent-to-Income Ratio

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

Your rent-to-income ratio23.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Taylor County, Florida?
Taylor County, Florida has a median monthly rent of $878/mo and a median home value of $100,200. The affordability rating is Unaffordable, with rent making up approximately 33.0% of median household income.
What is the median rent in Taylor County?
The median gross rent in Taylor County is $878/mo. This is 29% below state average for Florida.
Is Taylor County affordable?
Taylor 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 Taylor County's rent compare to the state average?
Taylor County's median rent of $878/mo is 29% below state average of $1,233/mo for Florida.
What is the median home value in Taylor County?
The median home value in Taylor County, Florida is $100,200. This is 64% 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.