Florida Affordability
How affordable is Florida real estate?
Public Record + Census ACS
Median Home Price
$700.5K
Median Household Income
$71,711
Affordability Index
9.77
vs National Avg
+43.3%
Cities in Florida by Affordability
| # | City | Median Price | Index |
|---|---|---|---|
| 1 | Lehigh Acres | $194.1K | 2.71 |
| 2 | North Port | $227.9K | 3.18 |
| 3 | Port Charlotte | $233.8K | 3.26 |
| 4 | Palm Bay | $283.7K | 3.96 |
| 5 | Lakeland | $292.8K | 4.08 |
| 6 | Punta Gorda | $328K | 4.57 |
| 7 | Ocala | $382.2K | 5.33 |
| 8 | Jacksonville | $385.4K | 5.37 |
| 9 | Palm Coast | $396.5K | 5.53 |
| 10 | Boynton Beach | $398.9K | 5.56 |
| 11 | Pensacola | $402.8K | 5.62 |
| 12 | Cape Coral | $403.8K | 5.63 |
| 13 | Kissimmee | $417.9K | 5.83 |
| 14 | Clearwater | $435.9K | 6.08 |
| 15 | Fort Myers | $445.4K | 6.21 |
| 16 | Panama City Beach | $471.9K | 6.58 |
| 17 | Bradenton | $548.7K | 7.65 |
| 18 | Vero Beach | $582.2K | 8.12 |
| 19 | Orlando | $654.2K | 9.12 |
| 20 | Bonita Springs | $790.2K | 11.02 |
| 21 | Tampa | $835.3K | 11.65 |
| 22 | West Palm Beach | $859.9K | 11.99 |
| 23 | Sarasota | $1.13M | 15.81 |
| 24 | Delray Beach | $1.39M | 19.35 |
| 25 | Miami | $1.41M | 19.68 |
| 26 | Boca Raton | $1.52M | 21.22 |
| 27 | Naples | $1.54M | 21.44 |
| 28 | Santa Rosa Beach | $2.1M | 29.33 |
| 29 | Fort Lauderdale | $2.13M | 29.68 |
| 30 | Miami Beach | $2.29M | 31.99 |
Methodology
Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.
Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.