Cost of Living in Gibsonton, FL

Population 18,831 · Florida · Data vintage 2023

93
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Gibsonton is effectively a commuter community: the average resident spends 36 minutes each way getting to work, well above the 27-minute US median. Housing costs ($274,000 for a typical home) tend to reflect the tradeoff between price and access. Unemployment has stayed elevated relative to the national figure — 6.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Gibsonton sits roughly 5 miles west of Riverview. Median home values run roughly 20% lower than Riverview's $341,000.

Cost Overview

Housing 90
Rent 98

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

About the Cost of Living in Gibsonton

The median home value in Gibsonton is $274,300 — 10% below the national median of $305,000. Median rent runs $1,286/month, 2% lower than the national median of $1,314/month. The median household income of $74,049/year is 1% lower than the US median of $74,580. The local unemployment rate is 6.6%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Gibsonton has a cost of living index of 93 versus the US average of 100, meaning it is 7% less expensive.

🏠 Housing

Median Home Value
$274,300
10% below avg
Zillow Home Value
$316,315
Zillow ZHVI
Median Rent
$1,286/mo
2% below avg
Zillow Rent
$2,352/mo
Zillow ZORI
Price-to-Rent Ratio
17.8x
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 69.0%
Renter-occupied 31.1%

💰 Estimated Monthly Budget

Rent median rent
$1,286
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,900/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
35.8 min
33% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.5%

Commute Mode

Drove alone
75.2%
Carpooled
9.7%
Public transit
0.1%
Walked
1.8%
Bicycle
0.1%
Work from home
12.5%

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
$74,049
1% below avg
Per Capita Income
$30,722
Unemployment Rate
6.6%
38% above avg
Poverty Rate
19.8%
Labor Force Participation
67.6%

🎓 Education

Bachelor's degree+ 14.7%
Graduate degree 5.6%

👥 Demographics

Median Age 33.8
Male median age 34.4
Female median age 33.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
42.7%
Good air days/yr
114
Max AQI recorded
261
PM2.5 days
102
Ozone days

Frequently Asked Questions

What is the cost of living in Gibsonton, FL?

Gibsonton has a cost index of 93 (100 = national average). It is 7% below the national average.

What is average rent in Gibsonton, FL?

The median gross rent in Gibsonton is $1,286 per month based on 2023 Census data.

What is the average home price in Gibsonton?

The median home value in Gibsonton is $274,300 according to Zillow and Census data.

What is the median income in Gibsonton?

The median household income in Gibsonton is $74,049 per year (2023 ACS 5-year estimates).

What is the sales tax in Gibsonton, FL?

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

Is Gibsonton, FL affordable?

Gibsonton is near the national average in terms of cost of living, with an index of 93 (100 = US average).

Gibsonton at a Glance

Population
18,831
Median Income
$74,049
Home Value
$274,300
Median Rent
$1,286/mo
Unemployment
6.6%
Sales Tax
7.0%
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