Cost of Living in Palmer Ranch, FL
Population 15,873 · Florida · Data vintage 2023
(100 = US avg)
Palmer Ranch's housing market reflects its status as a high-earning metro: $563,000 for a typical home, 85% above the US median, paired with household incomes around $103,682 that put it in the upper third of the state. An unemployment rate of 2.0% points to a labor market well on the tight side of the national distribution.
Palmer Ranch is about 40 miles south of St. Petersburg, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 70% higher than St. Petersburg's $332,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Palmer Ranch
The median home value in Palmer Ranch is $563,000 — 85% above the national median of $305,000. Median rent runs $1,819/month, 38% higher than the national median of $1,314/month. The median household income of $103,682/year is 39% higher than the US median of $74,580. The local unemployment rate is 2.0%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Palmer Ranch has a cost of living index of 166 versus the US average of 100, meaning it is 66% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Palmer Ranch, FL?
Palmer Ranch has a cost index of 166 (100 = national average). It is 66% above the national average.
What is average rent in Palmer Ranch, FL?
The median gross rent in Palmer Ranch is $1,819 per month based on 2023 Census data.
What is the average home price in Palmer Ranch?
The median home value in Palmer Ranch is $563,000 according to 2023 Census ACS data.
What is the median income in Palmer Ranch?
The median household income in Palmer Ranch is $103,682 per year (2023 ACS 5-year estimates).
What is the sales tax in Palmer Ranch, FL?
The combined state and local sales tax rate in Palmer Ranch is 7.0%. Florida has no state income tax.
Is Palmer Ranch, FL affordable?
Palmer Ranch is above average in cost of living, with an index of 166 — about 66% higher than the national average.
Palmer Ranch at a Glance
- Population
- 15,873
- Median Income
- $103,682
- Home Value
- $563,000
- Median Rent
- $1,819/mo
- Unemployment
- 2.0%
- Sales Tax
- 7.0%
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Florida Rankings
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