Cost of Living in Florida Ridge, FL

Population 21,517 · Florida · Data vintage 2023

86
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 Florida Ridge a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $251,000. An unemployment rate of 2.3% points to a labor market well on the tight side of the national distribution.

Located 20 miles north of Port St. Lucie, Florida Ridge falls within that metro's commuting orbit. Median home values run roughly 24% lower than Port St. Lucie's $328,000.

Cost Overview

Housing 82
Rent 92

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

About the Cost of Living in Florida Ridge

The median home value in Florida Ridge is $250,500 — 18% below the national median of $305,000. Median rent runs $1,209/month, 8% lower than the national median of $1,314/month. The median household income of $64,956/year is 13% lower than the US median of $74,580. The local unemployment rate is 2.3%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Florida Ridge has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$250,500
18% below avg
Median Rent
$1,209/mo
8% below avg
Price-to-Rent Ratio
17.3x
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 80.0%
Renter-occupied 20.0%

💰 Estimated Monthly Budget

Rent median rent
$1,209
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,823/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
24.5 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.9%

Commute Mode

Drove alone
72.8%
Carpooled
11.8%
Public transit
0.1%
Walked
0.2%
Bicycle
1.7%
Work from home
10.9%

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
$64,956
13% below avg
Per Capita Income
$33,350
Unemployment Rate
2.3%
53% below avg
Poverty Rate
10.5%
Labor Force Participation
57.3%

🎓 Education

Bachelor's degree+ 18.0%
Graduate degree 6.6%

👥 Demographics

Median Age 44.2
Male median age 38.8
Female median age 48.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 34 — Good
97.8%
Good air days/yr
74
Max AQI recorded
0
PM2.5 days
358
Ozone days

Frequently Asked Questions

What is the cost of living in Florida Ridge, FL?

Florida Ridge has a cost index of 86 (100 = national average). It is 14% below the national average.

What is average rent in Florida Ridge, FL?

The median gross rent in Florida Ridge is $1,209 per month based on 2023 Census data.

What is the average home price in Florida Ridge?

The median home value in Florida Ridge is $250,500 according to 2023 Census ACS data.

What is the median income in Florida Ridge?

The median household income in Florida Ridge is $64,956 per year (2023 ACS 5-year estimates).

What is the sales tax in Florida Ridge, FL?

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

Is Florida Ridge, FL affordable?

Yes, Florida Ridge is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.

Florida Ridge at a Glance

Population
21,517
Median Income
$64,956
Home Value
$250,500
Median Rent
$1,209/mo
Unemployment
2.3%
Sales Tax
7.0%
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Explore county-level cost of living data

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