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Cost of Living in Riverview, FL

Population 113,697 · Census ACS 2020–2024 5-year estimates

Median rent$2,002
Median home value$384,200
Median household income$100,438

The median rent in Riverview, FL is $2,002/month, 20% higher than the Florida median and 42% higher than the U.S. median. The median home value is $384,200, 15% higher than the national median. Households earn a median of $100,438 a year, 35% higher than the state median.

Affordability

Rent as a share of median income: 23.9%
Income needed for median rent (30% rule): $80,080/yr
Home price-to-income ratio: 3.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,943/mo

Run your own numbers: mortgage calculator · hourly to salary

Riverview vs. Florida vs. U.S.

RiverviewFloridaU.S.
Median rent$2,002$1,669$1,413
Median home value$384,200$359,000$332,700
Median household income$100,438$74,568$80,734
Homeownership rate75.7%67.6%65.2%
Bachelor's degree or higher36.5%34.1%35.7%
Poverty rate7.5%12.6%12.5%
Unemployment rate4.3%4.8%5.2%
Work from home23.4%15.7%15.1%
Median age35.642.638.9

FAQ

What is the average rent in Riverview, FL?

The median gross rent in Riverview, FL is $2,002 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Riverview, FL?

Using the common 30% rule, renting a median-priced home takes about $80,080 a year in gross income.

Is Riverview, FL expensive to live in?

Rent there is 42% higher than the U.S. median, and the median home costs about 3.8 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

Renton, WARent $1,998 · Income $100,432Cedar Hill, TXRent $1,993 · Income $101,909Oakland, CARent $1,979 · Income $101,600Lombard, ILRent $1,948 · Income $100,362Buckeye, AZRent $1,963 · Income $99,486Jersey City, NJRent $2,007 · Income $97,710

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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