Cost of Living in Valrico, FL

Population 38,820 · Florida · Data vintage 2023

122
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

A 35-minute average commute puts Valrico squarely in exurban territory — the kind of place where many households optimize for housing cost over proximity to work. Home values of $356,000 reflect that spatial discount.

Geographically, Valrico is part of the immediate Brandon metro area. Median home values run roughly 21% higher than Brandon's $294,000.

Cost Overview

Housing 117
Rent 129

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

About the Cost of Living in Valrico

The median home value in Valrico is $356,200 — 17% above the national median of $305,000. Median rent runs $1,698/month, 29% higher than the national median of $1,314/month. The median household income of $98,451/year is 32% higher than the US median of $74,580. The local unemployment rate is 3.6%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Valrico has a cost of living index of 122 versus the US average of 100, meaning it is 22% more expensive.

🏠 Housing

Median Home Value
$356,200
17% above avg
Zillow Home Value
$411,777
Zillow ZHVI
Median Rent
$1,698/mo
29% above avg
Zillow Rent
$2,373/mo
Zillow ZORI
Price-to-Rent Ratio
17.5x
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 79.8%
Renter-occupied 20.2%

💰 Estimated Monthly Budget

Rent median rent
$1,698
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,312/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
35.2 min
30% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.4%

Commute Mode

Drove alone
66.9%
Carpooled
8.8%
Public transit
0.2%
Walked
0.1%
Work from home
23.4%

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
$98,451
32% above avg
Per Capita Income
$44,102
Unemployment Rate
3.6%
25% below avg
Poverty Rate
8.6%
Labor Force Participation
64.1%

🎓 Education

Bachelor's degree+ 24.4%
Graduate degree 13.8%

👥 Demographics

Median Age 46.1
Male median age 44.2
Female median age 47.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
42.7%
Good air days/yr
114
Max AQI recorded
261
PM2.5 days
102
Ozone days

Frequently Asked Questions

What is the cost of living in Valrico, FL?

Valrico has a cost index of 122 (100 = national average). It is 22% above the national average.

What is average rent in Valrico, FL?

The median gross rent in Valrico is $1,698 per month based on 2023 Census data.

What is the average home price in Valrico?

The median home value in Valrico is $356,200 according to Zillow and Census data.

What is the median income in Valrico?

The median household income in Valrico is $98,451 per year (2023 ACS 5-year estimates).

What is the sales tax in Valrico, FL?

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

Is Valrico, FL affordable?

Valrico is above average in cost of living, with an index of 122 — about 22% higher than the national average.

Valrico at a Glance

Population
38,820
Median Income
$98,451
Home Value
$356,200
Median Rent
$1,698/mo
Unemployment
3.6%
Sales Tax
7.0%
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