Cost of Living in Kenneth City, FL

Population 5,025 · Florida · Data vintage 2023

92
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Kenneth City skews considerably older than the national median, with an average age of 58. Reported household income of $49,375 often reflects pension and investment income rather than wages, which makes the local tax picture — especially property tax treatment — a larger factor than in working-age cities. Rental affordability is stretched — $1,567/month works out to about 38% of median household income, above the 30% "cost-burdened" line.

Located 6 miles northwest of St. Petersburg, Kenneth City falls within that metro's commuting orbit. Median home values run roughly 32% lower than St. Petersburg's $332,000.

Cost Overview

Housing 73
Rent 119

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

About the Cost of Living in Kenneth City

The median home value in Kenneth City is $224,100 — 27% below the national median of $305,000. Median rent runs $1,567/month, 19% higher than the national median of $1,314/month. The median household income of $49,375/year is 34% lower than the US median of $74,580. The local unemployment rate is 2.8%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Kenneth City has a cost of living index of 92 versus the US average of 100, meaning it is 8% less expensive.

🏠 Housing

Median Home Value
$224,100
27% below avg
Zillow Home Value
$305,688
Zillow ZHVI
Median Rent
$1,567/mo
19% above avg
Price-to-Rent Ratio
11.9x
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 80.6%
Renter-occupied 19.4%

💰 Estimated Monthly Budget

Rent median rent
$1,567
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,181/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
25.4 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.2%

Commute Mode

Drove alone
75.4%
Carpooled
10.0%
Public transit
3.2%
Bicycle
1.2%
Work from home
9.2%

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
$49,375
34% below avg
Per Capita Income
$26,449
Unemployment Rate
2.8%
42% below avg
Poverty Rate
14.3%
Labor Force Participation
48.2%

🎓 Education

Bachelor's degree+ 11.9%
Graduate degree 4.7%

👥 Demographics

Median Age 58.4
Male median age 58.5
Female median age 58.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
59.5%
Good air days/yr
113
Max AQI recorded
237
PM2.5 days
125
Ozone days

Frequently Asked Questions

What is the cost of living in Kenneth City, FL?

Kenneth City has a cost index of 92 (100 = national average). It is 8% below the national average.

What is average rent in Kenneth City, FL?

The median gross rent in Kenneth City is $1,567 per month based on 2023 Census data.

What is the average home price in Kenneth City?

The median home value in Kenneth City is $224,100 according to Zillow and Census data.

What is the median income in Kenneth City?

The median household income in Kenneth City is $49,375 per year (2023 ACS 5-year estimates).

What is the sales tax in Kenneth City, FL?

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

Is Kenneth City, FL affordable?

Kenneth City is near the national average in terms of cost of living, with an index of 92 (100 = US average).

Kenneth City at a Glance

Population
5,025
Median Income
$49,375
Home Value
$224,100
Median Rent
$1,567/mo
Unemployment
2.8%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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