Cost of Living in Fleming Island, FL

Population 29,351 · Florida · Data vintage 2023

135
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fleming Island lands reasonably close to national benchmarks on most cost indicators, with a median home value of $387,000 — 27% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Florida. An unemployment rate of 1.8% points to a labor market well on the tight side of the national distribution.

Located 15 miles south of Jacksonville, Fleming Island falls within that metro's commuting orbit. Median home values run roughly 46% higher than Jacksonville's $266,000.

Cost Overview

Housing 127
Rent 146

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

About the Cost of Living in Fleming Island

The median home value in Fleming Island is $387,400 — 27% above the national median of $305,000. Median rent runs $1,918/month, 46% higher than the national median of $1,314/month. The median household income of $119,046/year is 60% higher than the US median of $74,580. The local unemployment rate is 1.8%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Fleming Island has a cost of living index of 135 versus the US average of 100, meaning it is 35% more expensive.

🏠 Housing

Median Home Value
$387,400
27% above avg
Zillow Home Value
$436,179
Zillow ZHVI
Median Rent
$1,918/mo
46% above avg
Zillow Rent
$1,766/mo
Zillow ZORI
Price-to-Rent Ratio
16.8x
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 86.7%
Renter-occupied 13.3%

💰 Estimated Monthly Budget

Rent median rent
$1,918
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,532/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
31.7 min
17% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.7%

Commute Mode

Drove alone
72.1%
Carpooled
6.8%
Walked
0.4%
Bicycle
0.4%
Work from home
18.7%

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
$119,046
60% above avg
Per Capita Income
$57,466
Unemployment Rate
1.8%
62% below avg
Poverty Rate
5.1%
Labor Force Participation
58.8%

🎓 Education

Bachelor's degree+ 26.6%
Graduate degree 21.3%

👥 Demographics

Median Age 47.7
Male median age 47.6
Female median age 47.9

Frequently Asked Questions

What is the cost of living in Fleming Island, FL?

Fleming Island has a cost index of 135 (100 = national average). It is 35% above the national average.

What is average rent in Fleming Island, FL?

The median gross rent in Fleming Island is $1,918 per month based on 2023 Census data.

What is the average home price in Fleming Island?

The median home value in Fleming Island is $387,400 according to Zillow and Census data.

What is the median income in Fleming Island?

The median household income in Fleming Island is $119,046 per year (2023 ACS 5-year estimates).

What is the sales tax in Fleming Island, FL?

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

Is Fleming Island, FL affordable?

Fleming Island is above average in cost of living, with an index of 135 — about 35% higher than the national average.

Fleming Island at a Glance

Population
29,351
Median Income
$119,046
Home Value
$387,400
Median Rent
$1,918/mo
Unemployment
1.8%
Sales Tax
7.0%
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