Cost of Living in Fellsmere, FL
Population 4,902 · Florida · Data vintage 2023
(100 = US avg)
Fellsmere's median household income of $47,335 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (22% here). Unemployment has stayed elevated relative to the national figure — 13.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Fellsmere sits roughly 15 miles south of Palm Bay — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 50% lower than Palm Bay's $248,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Fellsmere
The median home value in Fellsmere is $123,400 — 60% below the national median of $305,000. Median rent runs $1,079/month, 18% lower than the national median of $1,314/month. The median household income of $47,335/year is 37% lower than the US median of $74,580. The local unemployment rate is 13.2%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Fellsmere has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.
Fellsmere has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 Fellsmere, FL?
Fellsmere has a cost index of 57 (100 = national average). It is 43% below the national average.
What is average rent in Fellsmere, FL?
The median gross rent in Fellsmere is $1,079 per month based on 2023 Census data.
What is the average home price in Fellsmere?
The median home value in Fellsmere is $123,400 according to Zillow and Census data.
What is the median income in Fellsmere?
The median household income in Fellsmere is $47,335 per year (2023 ACS 5-year estimates).
What is the sales tax in Fellsmere, FL?
The combined state and local sales tax rate in Fellsmere is 7.0%. Florida has no state income tax.
Is Fellsmere, FL affordable?
Yes, Fellsmere is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.
Fellsmere at a Glance
- Population
- 4,902
- Median Income
- $47,335
- Home Value
- $123,400
- Median Rent
- $1,079/mo
- Unemployment
- 13.2%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
Similar Cost Cities
Cities in other states with comparable housing costs