Cost of Living in Tierra Verde, FL

Population 4,051 · Florida · Data vintage 2023

234
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Tierra Verde's housing market reflects its status as a high-earning metro: $768,000 for a typical home, 152% above the US median, paired with household incomes around $148,785 that put it in the upper third of the state.

Tierra Verde sits roughly 9 miles southwest of St. Petersburg — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 132% higher than St. Petersburg's $332,000.

Cost Overview

Housing 252
Rent 208

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

About the Cost of Living in Tierra Verde

The median home value in Tierra Verde is $767,900 — 152% above the national median of $305,000. Median rent runs $2,728/month, 108% higher than the national median of $1,314/month. The median household income of $148,785/year is 99% higher than the US median of $74,580. The local unemployment rate is 5.0%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Tierra Verde has a cost of living index of 234 versus the US average of 100, meaning it is 134% more expensive.

🏠 Housing

Median Home Value
$767,900
152% above avg
Zillow Home Value
$234,941
Zillow ZHVI
Median Rent
$2,728/mo
108% above avg
Zillow Rent
$1,420/mo
Zillow ZORI
Price-to-Rent Ratio
23.5x
Favors renting
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 94.6%
Renter-occupied 5.4%

💰 Estimated Monthly Budget

Rent median rent
$2,728
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,342/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
37.2%

Commute Mode

Drove alone
60.2%
Carpooled
1.1%
Walked
1.0%
Work from home
37.2%

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
$148,785
99% above avg
Per Capita Income
$86,694
Unemployment Rate
5.0%
4% above avg
Poverty Rate
2.0%
Labor Force Participation
54.6%

🎓 Education

Bachelor's degree+ 26.4%
Graduate degree 34.0%

👥 Demographics

Median Age 58.4
Male median age 60.6
Female median age 57.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
59.5%
Good air days/yr
113
Max AQI recorded
237
PM2.5 days
125
Ozone days

Frequently Asked Questions

What is the cost of living in Tierra Verde, FL?

Tierra Verde has a cost index of 234 (100 = national average). It is 134% above the national average.

What is average rent in Tierra Verde, FL?

The median gross rent in Tierra Verde is $2,728 per month based on 2023 Census data.

What is the average home price in Tierra Verde?

The median home value in Tierra Verde is $767,900 according to Zillow and Census data.

What is the median income in Tierra Verde?

The median household income in Tierra Verde is $148,785 per year (2023 ACS 5-year estimates).

What is the sales tax in Tierra Verde, FL?

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

Is Tierra Verde, FL affordable?

Tierra Verde is above average in cost of living, with an index of 234 — about 134% higher than the national average.

Tierra Verde at a Glance

Population
4,051
Median Income
$148,785
Home Value
$767,900
Median Rent
$2,728/mo
Unemployment
5.0%
Sales Tax
7.0%
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Explore county-level cost of living data

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