Cost of Living in North Weeki Wachee, FL

Population 7,967 · Florida · Data vintage 2023

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

The median resident in North Weeki Wachee is 57 years old, well past the national midpoint, giving the city the retail and service mix of a retirement-dominant market. Household-income figures here read differently than in working-age cities: retirement and investment income weigh heavily in the totals.

Geographically, North Weeki Wachee sits roughly 5 miles north of Spring Hill. Median home values run roughly 15% higher than Spring Hill's $248,000.

Cost Overview

Housing 94
Rent 108

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

About the Cost of Living in North Weeki Wachee

The median home value in North Weeki Wachee is $286,900 — 6% below the national median of $305,000. Median rent runs $1,417/month, 8% higher than the national median of $1,314/month. The median household income of $63,235/year is 15% lower than the US median of $74,580. The local unemployment rate is 5.6%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, North Weeki Wachee has a cost of living index of 100 versus the US average of 100, meaning it is on par with the national average.

🏠 Housing

Median Home Value
$286,900
6% below avg
Median Rent
$1,417/mo
8% above avg
Price-to-Rent Ratio
16.9x
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 89.4%
Renter-occupied 10.6%

💰 Estimated Monthly Budget

Rent median rent
$1,417
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,031/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
28.9 min
7% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.8%

Commute Mode

Drove alone
66.2%
Carpooled
16.1%
Public transit
0.5%
Walked
3.7%
Bicycle
1.7%
Work from home
11.8%

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
$63,235
15% below avg
Per Capita Income
$36,328
Unemployment Rate
5.6%
16% above avg
Poverty Rate
12.1%
Labor Force Participation
43.8%

🎓 Education

Bachelor's degree+ 16.8%
Graduate degree 8.9%

👥 Demographics

Median Age 56.9
Male median age 57
Female median age 56.8

Frequently Asked Questions

What is the cost of living in North Weeki Wachee, FL?

North Weeki Wachee has a cost index of 100 (100 = national average). It is near the national average.

What is average rent in North Weeki Wachee, FL?

The median gross rent in North Weeki Wachee is $1,417 per month based on 2023 Census data.

What is the average home price in North Weeki Wachee?

The median home value in North Weeki Wachee is $286,900 according to 2023 Census ACS data.

What is the median income in North Weeki Wachee?

The median household income in North Weeki Wachee is $63,235 per year (2023 ACS 5-year estimates).

What is the sales tax in North Weeki Wachee, FL?

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

Is North Weeki Wachee, FL affordable?

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

North Weeki Wachee at a Glance

Population
7,967
Median Income
$63,235
Home Value
$286,900
Median Rent
$1,417/mo
Unemployment
5.6%
Sales Tax
7.0%
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