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Redington Beach

Learn about the people, housing, costs and businesses in Redington Beach, Florida

Median Home$911,100
Median Rent$2,276/month
Population1,295
Leading IndustriesProfessional Services · Education · Healthcare7% professional services
Home Value Growth⬆⬆+12.6% over 2 years
Retirees32% of residentstop 5% nationally
Homeowners76% of occupied units
NotableHighly Educated33% bachelor's · 14% graduate · top 5% nationally
NotableHigh Incomes$104k/year · top 15% nationally
Redington Beach
FL

Frequently Asked Questions

What are today's mortgage rates in Redington Beach?

As of today, the 30-year fixed mortgage rate for Redington Beach is approximately 6.946% (6.984% 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 Redington Beach?

The median home value in Redington Beach is $911k. The median monthly rent is $2,276. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Redington Beach?

Home values in Redington Beach have increased 12.6% 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 Redington Beach?

Based on a typical all-in ownership cost of $2,298/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $98k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Redington Beach is $104k/year.

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What industries drive the economy in Redington Beach?

The largest employment sectors in Redington Beach are public administration (21%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.