Cost of Living in Nocatee, FL

Population 25,581 · Florida · Data vintage 2023

222
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Nocatee's housing market reflects its status as a high-earning metro: $585,000 for a typical home, 92% above the US median, paired with household incomes around $131,488 that put it in the upper third of the state. Unemployment has stayed elevated relative to the national figure — 6.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Nocatee sits roughly 25 miles southeast of Jacksonville. Median home values run roughly 120% higher than Jacksonville's $266,000.

Cost Overview

Housing 192
Rent 266

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

About the Cost of Living in Nocatee

The median home value in Nocatee is $585,000 — 92% above the national median of $305,000. Median rent runs $3,501/month, 166% higher than the national median of $1,314/month. The median household income of $131,488/year is 76% higher than the US median of $74,580. The local unemployment rate is 6.2%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Nocatee has a cost of living index of 222 versus the US average of 100, meaning it is 122% more expensive.

🏠 Housing

Median Home Value
$585,000
92% above avg
Median Rent
$3,501/mo
166% above avg
Price-to-Rent Ratio
13.9x
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 82.7%
Renter-occupied 17.3%

💰 Estimated Monthly Budget

Rent median rent
$3,501
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $4,115/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
29.8 min
10% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
39.3%

Commute Mode

Drove alone
52.5%
Carpooled
5.1%
Bicycle
1.8%
Work from home
39.3%

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
$131,488
76% above avg
Per Capita Income
$67,710
Unemployment Rate
6.2%
29% above avg
Poverty Rate
4.8%
Labor Force Participation
55.2%

🎓 Education

Bachelor's degree+ 39.4%
Graduate degree 28.6%

👥 Demographics

Median Age 40.1
Male median age 39.7
Female median age 41

Frequently Asked Questions

What is the cost of living in Nocatee, FL?

Nocatee has a cost index of 222 (100 = national average). It is 122% above the national average.

What is average rent in Nocatee, FL?

The median gross rent in Nocatee is $3,501 per month based on 2023 Census data.

What is the average home price in Nocatee?

The median home value in Nocatee is $585,000 according to 2023 Census ACS data.

What is the median income in Nocatee?

The median household income in Nocatee is $131,488 per year (2023 ACS 5-year estimates).

What is the sales tax in Nocatee, FL?

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

Is Nocatee, FL affordable?

Nocatee is above average in cost of living, with an index of 222 — about 122% higher than the national average.