Cost of Living in Citrus Hills, FL

Population 9,044 · Florida · Data vintage 2023

122
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

With a median age of 67, Citrus Hills functions largely as a retirement market. Housing costs — $392,000 for a typical home — anchor most household budgets, and the state's treatment of pension income tends to matter more than wage-driven tax comparisons. At 12.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Citrus Hills is about 30 miles north of Spring Hill, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 58% higher than Spring Hill's $248,000.

Cost Overview

Housing 129
Rent 113

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

About the Cost of Living in Citrus Hills

The median home value in Citrus Hills is $392,300 — 29% above the national median of $305,000. Median rent runs $1,486/month, 13% higher than the national median of $1,314/month. The median household income of $84,091/year is 13% higher than the US median of $74,580. The local unemployment rate is 12.7%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Citrus Hills has a cost of living index of 122 versus the US average of 100, meaning it is 22% more expensive.

🏠 Housing

Median Home Value
$392,300
29% above avg
Median Rent
$1,486/mo
13% above avg
Price-to-Rent Ratio
22.0x
Favors renting
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 92.0%
Renter-occupied 8.0%

💰 Estimated Monthly Budget

Rent median rent
$1,486
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,100/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
24.2 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.4%

Commute Mode

Drove alone
70.2%
Carpooled
7.8%
Bicycle
0.8%
Work from home
20.4%

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
$84,091
13% above avg
Per Capita Income
$50,864
Unemployment Rate
12.7%
164% above avg
Poverty Rate
8.8%
Labor Force Participation
26.1%

🎓 Education

Bachelor's degree+ 20.6%
Graduate degree 18.3%

👥 Demographics

Median Age 67.3
Male median age 67.8
Female median age 67

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 45 — Good
65.2%
Good air days/yr
118
Max AQI recorded
353
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Citrus Hills, FL?

Citrus Hills has a cost index of 122 (100 = national average). It is 22% above the national average.

What is average rent in Citrus Hills, FL?

The median gross rent in Citrus Hills is $1,486 per month based on 2023 Census data.

What is the average home price in Citrus Hills?

The median home value in Citrus Hills is $392,300 according to 2023 Census ACS data.

What is the median income in Citrus Hills?

The median household income in Citrus Hills is $84,091 per year (2023 ACS 5-year estimates).

What is the sales tax in Citrus Hills, FL?

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

Is Citrus Hills, FL affordable?

Citrus Hills is above average in cost of living, with an index of 122 — about 22% higher than the national average.