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Florida

Learn about the people, housing, costs and businesses across Florida

Median Home$386,022
Median Rent$1,774/month
Population22,416,077
Leading IndustriesEducation · Finance & Insurance · Healthcare3% education
Home Value Growth⬆⬆+19.7% over 2 years
Retirees21% of residentswell above average
Homeowners68% of occupied units
NotableAmenity Score67/100 · highly walkable area
Florida

Frequently Asked Questions

What are today's mortgage rates in Florida?

As of today, the 30-year fixed mortgage rate for Florida is approximately 6.831% (6.885% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Florida?

The median home value in Florida is $386k. The median monthly rent is $1,774. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Florida?

Home values in Florida have increased 19.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Florida?

Based on a typical all-in ownership cost of $1,570/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Florida is $82k/year.

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What industries drive the economy in Florida?

The largest employment sectors in Florida are public administration (21%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.