Cost of Living in Fern Park, FL

Population 8,593 · Florida · Data vintage 2023

107
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 Fern Park a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $321,000.

Fern Park sits roughly 15 miles north of Orlando — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 10% lower than Orlando's $359,000.

Cost Overview

Housing 105
Rent 110

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

About the Cost of Living in Fern Park

The median home value in Fern Park is $321,400 — 5% above the national median of $305,000. Median rent runs $1,440/month, 10% higher than the national median of $1,314/month. The median household income of $60,828/year is 18% lower than the US median of $74,580. The local unemployment rate is 4.8%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Fern Park has a cost of living index of 107 versus the US average of 100, meaning it is 7% more expensive.

🏠 Housing

Median Home Value
$321,400
5% above avg
Median Rent
$1,440/mo
10% above avg
Price-to-Rent Ratio
18.6x
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 57.2%
Renter-occupied 42.8%

💰 Estimated Monthly Budget

Rent median rent
$1,440
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,054/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
26.1 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.4%

Commute Mode

Drove alone
74.0%
Carpooled
13.1%
Public transit
0.4%
Walked
1.5%
Bicycle
1.0%
Work from home
9.4%

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
$60,828
18% below avg
Per Capita Income
$40,814
Unemployment Rate
4.8%
1% below avg
Poverty Rate
10.1%
Labor Force Participation
69.5%

🎓 Education

Bachelor's degree+ 29.0%
Graduate degree 10.4%

👥 Demographics

Median Age 39.3
Male median age 38.5
Female median age 41.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 40 — Good
82.1%
Good air days/yr
106
Max AQI recorded
150
PM2.5 days
213
Ozone days

Frequently Asked Questions

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

Fern Park has a cost index of 107 (100 = national average). It is 7% above the national average.

What is average rent in Fern Park, FL?

The median gross rent in Fern Park is $1,440 per month based on 2023 Census data.

What is the average home price in Fern Park?

The median home value in Fern Park is $321,400 according to 2023 Census ACS data.

What is the median income in Fern Park?

The median household income in Fern Park is $60,828 per year (2023 ACS 5-year estimates).

What is the sales tax in Fern Park, FL?

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

Is Fern Park, FL affordable?

Fern Park is near the national average in terms of cost of living, with an index of 107 (100 = US average).

Fern Park at a Glance

Population
8,593
Median Income
$60,828
Home Value
$321,400
Median Rent
$1,440/mo
Unemployment
4.8%
Sales Tax
7.0%
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Explore county-level cost of living data

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