Cost of Living in Carrollwood, FL
Population 35,645 · Florida · Data vintage 2023
(100 = US avg)
Carrollwood lands reasonably close to national benchmarks on most cost indicators, with a median home value of $366,000 — 20% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Florida.
Located 7 miles northwest of Tampa, Carrollwood falls within that metro's commuting orbit. Housing prices track closely with Tampa's $375,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Carrollwood
The median home value in Carrollwood is $366,200 — 20% above the national median of $305,000. Median rent runs $1,512/month, 15% higher than the national median of $1,314/month. The median household income of $76,723/year is 3% higher than the US median of $74,580. The local unemployment rate is 5.3%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Carrollwood has a cost of living index of 118 versus the US average of 100, meaning it is 18% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Carrollwood, FL?
Carrollwood has a cost index of 118 (100 = national average). It is 18% above the national average.
What is average rent in Carrollwood, FL?
The median gross rent in Carrollwood is $1,512 per month based on 2023 Census data.
What is the average home price in Carrollwood?
The median home value in Carrollwood is $366,200 according to 2023 Census ACS data.
What is the median income in Carrollwood?
The median household income in Carrollwood is $76,723 per year (2023 ACS 5-year estimates).
What is the sales tax in Carrollwood, FL?
The combined state and local sales tax rate in Carrollwood is 7.0%. Florida has no state income tax.
Is Carrollwood, FL affordable?
Carrollwood is above average in cost of living, with an index of 118 — about 18% higher than the national average.
Carrollwood at a Glance
- Population
- 35,645
- Median Income
- $76,723
- Home Value
- $366,200
- Median Rent
- $1,512/mo
- Unemployment
- 5.3%
- Sales Tax
- 7.0%
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Explore county-level cost of living data
Florida Rankings
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