Cost of Living in Ridge Wood Heights, FL

Population 5,085 · Florida · Data vintage 2023

113
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Ridge Wood Heights sits on the smaller end of the Florida city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.3% points to a labor market well on the tight side of the national distribution.

Located 35 miles south of St. Petersburg, Ridge Wood Heights falls within that metro's commuting orbit. Housing prices track closely with St. Petersburg's $332,000 median.

Cost Overview

Housing 115
Rent 111

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

About the Cost of Living in Ridge Wood Heights

The median home value in Ridge Wood Heights is $349,900 — 15% above the national median of $305,000. Median rent runs $1,465/month, 11% higher than the national median of $1,314/month. The median household income of $68,463/year is 8% lower than the US median of $74,580. The local unemployment rate is 1.3%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Ridge Wood Heights has a cost of living index of 113 versus the US average of 100, meaning it is 13% more expensive.

🏠 Housing

Median Home Value
$349,900
15% above avg
Median Rent
$1,465/mo
11% above avg
Price-to-Rent Ratio
19.9x
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 74.0%
Renter-occupied 26.0%

💰 Estimated Monthly Budget

Rent median rent
$1,465
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,079/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
24.9 min
8% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.7%

Commute Mode

Drove alone
81.4%
Carpooled
7.2%
Walked
0.2%
Work from home
8.7%

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
$68,463
8% below avg
Per Capita Income
$44,628
Unemployment Rate
1.3%
73% below avg
Poverty Rate
7.4%
Labor Force Participation
62.4%

🎓 Education

Bachelor's degree+ 24.8%
Graduate degree 8.5%

👥 Demographics

Median Age 49.2
Male median age 46.8
Female median age 50.5

💨 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 Ridge Wood Heights, FL?

Ridge Wood Heights has a cost index of 113 (100 = national average). It is 13% above the national average.

What is average rent in Ridge Wood Heights, FL?

The median gross rent in Ridge Wood Heights is $1,465 per month based on 2023 Census data.

What is the average home price in Ridge Wood Heights?

The median home value in Ridge Wood Heights is $349,900 according to 2023 Census ACS data.

What is the median income in Ridge Wood Heights?

The median household income in Ridge Wood Heights is $68,463 per year (2023 ACS 5-year estimates).

What is the sales tax in Ridge Wood Heights, FL?

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

Is Ridge Wood Heights, FL affordable?

Ridge Wood Heights is above average in cost of living, with an index of 113 — about 13% higher than the national average.

Ridge Wood Heights at a Glance

Population
5,085
Median Income
$68,463
Home Value
$349,900
Median Rent
$1,465/mo
Unemployment
1.3%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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