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Cost of Living in Midway CDP (Santa Rosa County), FL

Population 21,317 · Census ACS 2020–2024 5-year estimates

Median rent$1,645
Median home value$381,600
Median household income$96,041

The median rent in Midway CDP (Santa Rosa County), FL is $1,645/month, about the same as the Florida median and 16% higher than the U.S. median. The median home value is $381,600, 15% higher than the national median. Households earn a median of $96,041 a year, 29% higher than the state median.

Affordability

Rent as a share of median income: 20.6%
Income needed for median rent (30% rule): $65,800/yr
Home price-to-income ratio: 4.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,930/mo

Run your own numbers: mortgage calculator · hourly to salary

Midway CDP (Santa Rosa County) vs. Florida vs. U.S.

Midway CDP (Santa Rosa County)FloridaU.S.
Median rent$1,645$1,669$1,413
Median home value$381,600$359,000$332,700
Median household income$96,041$74,568$80,734
Homeownership rate78.7%67.6%65.2%
Bachelor's degree or higher37.0%34.1%35.7%
Poverty rate6.9%12.6%12.5%
Unemployment rate3.4%4.8%5.2%
Work from home16.6%15.7%15.1%
Median age42.742.638.9

FAQ

What is the average rent in Midway CDP (Santa Rosa County), FL?

The median gross rent in Midway CDP (Santa Rosa County), FL is $1,645 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Midway CDP (Santa Rosa County), FL?

Using the common 30% rule, renting a median-priced home takes about $65,800 a year in gross income.

Is Midway CDP (Santa Rosa County), FL expensive to live in?

Rent there is 16% higher than the U.S. median, and the median home costs about 4.0 times the median household income.

Other cities in Florida

Jacksonville, FLRent $1,465 · Income $69,872Miami, FLRent $1,758 · Income $62,462Tampa, FLRent $1,701 · Income $75,475Orlando, FLRent $1,747 · Income $72,336St. Petersburg, FLRent $1,663 · Income $75,192Port St. Lucie, FLRent $1,937 · Income $80,648

Cities with a similar cost of living

Hendersonville, TNRent $1,653 · Income $97,200Patterson, CARent $1,655 · Income $93,650Chester, VARent $1,603 · Income $95,104Dover, NHRent $1,607 · Income $94,829Elk Grove Village, ILRent $1,618 · Income $94,175Soledad, CARent $1,698 · Income $96,862

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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