Cost of Living in Fort Meade, FL

Population 5,172 · Florida · Data vintage 2023

56
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $35,131, median household incomes in Fort Meade land roughly 53% below the US median, a gap that tends to persist across local labor-market indicators. At 6.4%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Fort Meade sits roughly 20 miles southeast of Lakeland — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 38% lower than Lakeland's $229,000.

Cost Overview

Housing 46
Rent 70

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

About the Cost of Living in Fort Meade

The median home value in Fort Meade is $141,500 — 54% below the national median of $305,000. Median rent runs $919/month, 30% lower than the national median of $1,314/month. The median household income of $35,131/year is 53% lower than the US median of $74,580. The local unemployment rate is 6.4%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Fort Meade has a cost of living index of 56 versus the US average of 100, meaning it is 44% less expensive.

🏠 Housing

Median Home Value
$141,500
54% below avg
Zillow Home Value
$224,046
Zillow ZHVI
Median Rent
$919/mo
30% below avg
Price-to-Rent Ratio
12.8x
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 71.0%
Renter-occupied 29.0%

💰 Estimated Monthly Budget

Rent median rent
$919
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,533/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
36.5 min
35% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.2%

Commute Mode

Drove alone
80.8%
Carpooled
9.1%
Walked
1.5%
Bicycle
0.5%
Work from home
8.2%

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
$35,131
53% below avg
Per Capita Income
$25,351
Unemployment Rate
6.4%
33% above avg
Poverty Rate
23.9%
Labor Force Participation
46.3%

🎓 Education

Bachelor's degree+ 5.0%
Graduate degree 5.2%

👥 Demographics

Median Age 43.8
Male median age 43.2
Female median age 44.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
75.3%
Good air days/yr
101
Max AQI recorded
145
PM2.5 days
220
Ozone days

Frequently Asked Questions

What is the cost of living in Fort Meade, FL?

Fort Meade has a cost index of 56 (100 = national average). It is 44% below the national average.

What is average rent in Fort Meade, FL?

The median gross rent in Fort Meade is $919 per month based on 2023 Census data.

What is the average home price in Fort Meade?

The median home value in Fort Meade is $141,500 according to Zillow and Census data.

What is the median income in Fort Meade?

The median household income in Fort Meade is $35,131 per year (2023 ACS 5-year estimates).

What is the sales tax in Fort Meade, FL?

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

Is Fort Meade, FL affordable?

Yes, Fort Meade is generally considered affordable, with a cost of living index of 56 — about 44% below the US national average of 100.

Fort Meade at a Glance

Population
5,172
Median Income
$35,131
Home Value
$141,500
Median Rent
$919/mo
Unemployment
6.4%
Sales Tax
7.0%
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Explore county-level cost of living data

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