Cost of Living in Wakulla County, Florida

$1,155/mo

Median Monthly Rent

$216,300

Median Home Value

6% below state averageUnaffordable

At a Glance

Median Monthly Rent

$1,155/mo

6% below state average

Median Home Value

$216,300

23% below national

Rent-to-Income Ratio

29.0%

% 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 Wakulla County Compares

Median monthly rent comparison

Wakulla County$1,155/mo

Florida Average$1,233/mo

National Median$1,163/mo

Detailed Housing Stats

$1,155/mo

Median Gross Rent

$216,300

Median Home Value

$1,047/mo

Monthly Owner Cost

29.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Wakulla County, Florida

Wakulla's rent burden beats the nation

Wakulla County residents spend just 18.7% of their income on rent, well below the national affordability sweet spot and significantly lower than Florida's 22.5% average. With a median household income of $74,183—essentially matching the national median of $74,755—this county offers surprisingly accessible rental housing for middle-income families.

Most affordable rents in north Florida

Among Florida's 67 counties, Wakulla ranks among the most affordable for renters, with a rent-to-income ratio that outperforms the state average by nearly 4 percentage points. At $1,155 per month, median rent runs $78 below the state average, giving residents more breathing room in their budgets.

Cheaper than Walton, pricier than Washington

Wakulla's $1,155 monthly rent falls between its neighbors: Walton County ($1,674) and Washington County ($884). Homebuyers find similar middle-ground positioning, with Wakulla's median home value of $216,300 offering a more affordable path to ownership than Walton's $376,400 median.

Renting and owning stay affordable here

Wakulla households allocate 18.7% of income to rent or just 16.9% to mortgage payments—both comfortably below the 30% affordability threshold. This leaves residents with substantially more income for savings, healthcare, and other essentials compared to higher-burden counties.

Consider Wakulla for balanced living costs

If you're priced out of coastal Florida but need reasonable housing costs, Wakulla delivers both. Compare its $1,155 rent and $216,300 home values to your current market—you may find thousands of dollars annually freed up for other priorities.

Affordability Calculator

See how your income compares to housing costs in Wakulla County

Your Annual Household Income

Rent Burden

18.7%

of gross income

Max Housing (28% Rule)

$1,731

per month

Owner Cost Burden

16.9%

of gross income

You can likely afford the median home in Wakulla County

Median home value is $216,300. Estimated monthly cost: $1,727 vs. your max of $1,731.

Rent Affordability Guide

Your rent-to-income ratio18.7%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Wakulla County, Florida?

Wakulla County, Florida has a median monthly rent of $1,155/mo and a median home value of $216,300. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.

What is the median rent in Wakulla County?

The median gross rent in Wakulla County is $1,155/mo. This is 6% below state average for Florida.

Is Wakulla County affordable?

Wakulla County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Wakulla County's rent compare to the state average?

Wakulla County's median rent of $1,155/mo is 6% below state average of $1,233/mo for Florida.

What is the median home value in Wakulla County?

The median home value in Wakulla County, Florida is $216,300. This is 23% below the national median home value of $281,900.