Cost of Living in Asbury Lake, FL

Population 13,465 · Florida · Data vintage 2023

124
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Asbury Lake a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $293,000. An unemployment rate of 1.1% points to a labor market well on the tight side of the national distribution.

Asbury Lake sits roughly 20 miles southwest of Jacksonville — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 10% higher than Jacksonville's $266,000.

Cost Overview

Housing 96
Rent 167

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Asbury Lake

The median home value in Asbury Lake is $293,000 — 4% below the national median of $305,000. Median rent runs $2,189/month, 67% higher than the national median of $1,314/month. The median household income of $100,681/year is 35% higher than the US median of $74,580. The local unemployment rate is 1.1%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Asbury Lake has a cost of living index of 124 versus the US average of 100, meaning it is 24% more expensive.

🏠 Housing

Median Home Value
$293,000
4% below avg
Zillow Home Value
$184,735
Zillow ZHVI
Median Rent
$2,189/mo
67% above avg
Price-to-Rent Ratio
11.2x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 92.8%
Renter-occupied 7.2%

💰 Estimated Monthly Budget

Rent median rent
$2,189
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,803/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
39.6 min
47% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.8%

Commute Mode

Drove alone
68.7%
Carpooled
6.0%
Public transit
0.0%
Walked
0.4%
Work from home
19.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$100,681
35% above avg
Per Capita Income
$40,487
Unemployment Rate
1.1%
78% below avg
Poverty Rate
3.4%
Labor Force Participation
62.9%

🎓 Education

Bachelor's degree+ 28.6%
Graduate degree 8.5%

👥 Demographics

Median Age 39.7
Male median age 35.9
Female median age 42.1

Frequently Asked Questions

What is the cost of living in Asbury Lake, FL?

Asbury Lake has a cost index of 124 (100 = national average). It is 24% above the national average.

What is average rent in Asbury Lake, FL?

The median gross rent in Asbury Lake is $2,189 per month based on 2023 Census data.

What is the average home price in Asbury Lake?

The median home value in Asbury Lake is $293,000 according to Zillow and Census data.

What is the median income in Asbury Lake?

The median household income in Asbury Lake is $100,681 per year (2023 ACS 5-year estimates).

What is the sales tax in Asbury Lake, FL?

The combined state and local sales tax rate in Asbury Lake is 7.0%. Florida has no state income tax.

Is Asbury Lake, FL affordable?

Asbury Lake is above average in cost of living, with an index of 124 — about 24% higher than the national average.

Asbury Lake at a Glance

Population
13,465
Median Income
$100,681
Home Value
$293,000
Median Rent
$2,189/mo
Unemployment
1.1%
Sales Tax
7.0%
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