Cost of Living in Kensington Park, FL

Population 3,561 · Florida · Data vintage 2023

97
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 Kensington Park a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $292,000. The labor market has been unusually tight, with unemployment around 2.7% — below most comparable cities in the state.

Geographically, Kensington Park is about 30 miles south of St. Petersburg, the nearest large metro. Median home values run roughly 12% lower than St. Petersburg's $332,000.

Cost Overview

Housing 96
Rent 98

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

About the Cost of Living in Kensington Park

The median home value in Kensington Park is $291,700 — 4% below the national median of $305,000. Median rent runs $1,289/month, 2% lower than the national median of $1,314/month. The median household income of $80,139/year is 7% higher than the US median of $74,580. The local unemployment rate is 2.7%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 83.3°F and lows of 64.8°F. Overall, Kensington Park has a cost of living index of 97 versus the US average of 100, meaning it is 3% less expensive.

🏠 Housing

Median Home Value
$291,700
4% below avg
Median Rent
$1,289/mo
2% below avg
Price-to-Rent Ratio
18.9x
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 72.3%
Renter-occupied 27.7%

💰 Estimated Monthly Budget

Rent median rent
$1,289
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,903/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
27.5 min
2% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.4%

Commute Mode

Drove alone
77.2%
Carpooled
14.8%
Work from home
5.4%

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
$80,139
7% above avg
Per Capita Income
$31,092
Unemployment Rate
2.7%
45% below avg
Poverty Rate
6.3%
Labor Force Participation
65.5%

🎓 Education

Bachelor's degree+ 11.9%
Graduate degree 8.1%

👥 Demographics

Median Age 43.7
Male median age 38.7
Female median age 45.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
83.3°F
Avg Low
64.8°F
Annual Precip
49"
50° 63° 75° 88° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 737578838890919290868075
Low °F 525558636874757574686055
Precip" 2.791.922.852.462.587.057.399.116.002.761.812.33

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
63.6%
Good air days/yr
143
Max AQI recorded
224
PM2.5 days
141
Ozone days

Frequently Asked Questions

What is the cost of living in Kensington Park, FL?

Kensington Park has a cost index of 97 (100 = national average). It is 3% below the national average.

What is average rent in Kensington Park, FL?

The median gross rent in Kensington Park is $1,289 per month based on 2023 Census data.

What is the average home price in Kensington Park?

The median home value in Kensington Park is $291,700 according to 2023 Census ACS data.

What is the median income in Kensington Park?

The median household income in Kensington Park is $80,139 per year (2023 ACS 5-year estimates).

What is the sales tax in Kensington Park, FL?

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

Is Kensington Park, FL affordable?

Kensington Park is near the national average in terms of cost of living, with an index of 97 (100 = US average).

What is the weather like in Kensington Park?

Kensington Park has average high temperatures of 83.3°F and average lows of 64.8°F. Annual precipitation is 49". Data from NOAA 1991–2020 Climate Normals.

Kensington Park at a Glance

Population
3,561
Median Income
$80,139
Home Value
$291,700
Median Rent
$1,289/mo
Unemployment
2.7%
Avg High Temp
83.3°F
Sales Tax
7.0%
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Explore county-level cost of living data

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