Cost of Living in Citrus Park, FL

Population 28,163 · 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

Citrus Park lands reasonably close to national benchmarks on most cost indicators, with a median home value of $342,000 — 12% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Florida.

Geographically, Citrus Park sits roughly 9 miles northwest of Tampa. Median home values run roughly 9% lower than Tampa's $375,000.

Cost Overview

Housing 112
Rent 137

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

About the Cost of Living in Citrus Park

The median home value in Citrus Park is $342,400 — 12% above the national median of $305,000. Median rent runs $1,794/month, 37% higher than the national median of $1,314/month. The median household income of $84,220/year is 13% higher than the US median of $74,580. The local unemployment rate is 3.4%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Citrus Park has a cost of living index of 122 versus the US average of 100, meaning it is 22% more expensive.

🏠 Housing

Median Home Value
$342,400
12% above avg
Zillow Home Value
$418,033
Zillow ZHVI
Median Rent
$1,794/mo
37% above avg
Zillow Rent
$1,960/mo
Zillow ZORI
Price-to-Rent Ratio
15.9x
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 65.6%
Renter-occupied 34.4%

💰 Estimated Monthly Budget

Rent median rent
$1,794
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,408/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
32.1 min
19% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.6%

Commute Mode

Drove alone
71.3%
Carpooled
8.7%
Public transit
0.0%
Walked
0.1%
Bicycle
0.5%
Work from home
17.6%

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
$84,220
13% above avg
Per Capita Income
$41,467
Unemployment Rate
3.4%
30% below avg
Poverty Rate
11.4%
Labor Force Participation
64.6%

🎓 Education

Bachelor's degree+ 24.2%
Graduate degree 15.4%

👥 Demographics

Median Age 42.4
Male median age 42.4
Female median age 42.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
42.7%
Good air days/yr
114
Max AQI recorded
261
PM2.5 days
102
Ozone days

Frequently Asked Questions

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

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

What is average rent in Citrus Park, FL?

The median gross rent in Citrus Park is $1,794 per month based on 2023 Census data.

What is the average home price in Citrus Park?

The median home value in Citrus Park is $342,400 according to Zillow and Census data.

What is the median income in Citrus Park?

The median household income in Citrus Park is $84,220 per year (2023 ACS 5-year estimates).

What is the sales tax in Citrus Park, FL?

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

Is Citrus Park, FL affordable?

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

Citrus Park at a Glance

Population
28,163
Median Income
$84,220
Home Value
$342,400
Median Rent
$1,794/mo
Unemployment
3.4%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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