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Cost of Living in Winter Haven, FL

Population 55,200 · Census ACS 2020–2024 5-year estimates

Median rent$1,246
Median home value$269,800
Median household income$59,648

The median rent in Winter Haven, FL is $1,246/month, 25% lower than the Florida median and 12% lower than the U.S. median. The median home value is $269,800, 19% lower than the national median. Households earn a median of $59,648 a year, 20% lower than the state median.

Affordability

Rent as a share of median income: 25.1%
Income needed for median rent (30% rule): $49,840/yr
Home price-to-income ratio: 4.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,364/mo

Run your own numbers: mortgage calculator · hourly to salary

Winter Haven vs. Florida vs. U.S.

Winter HavenFloridaU.S.
Median rent$1,246$1,669$1,413
Median home value$269,800$359,000$332,700
Median household income$59,648$74,568$80,734
Homeownership rate63.7%67.6%65.2%
Bachelor's degree or higher22.0%34.1%35.7%
Poverty rate16.4%12.6%12.5%
Unemployment rate5.1%4.8%5.2%
Work from home9.7%15.7%15.1%
Median age40.142.638.9

FAQ

What is the average rent in Winter Haven, FL?

The median gross rent in Winter Haven, FL is $1,246 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $49,840 a year in gross income.

Is Winter Haven, FL expensive to live in?

Rent there is 12% lower than the U.S. median, and the median home costs about 4.5 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

Belton, TXRent $1,252 · Income $59,130Selma, CARent $1,232 · Income $60,241New Britain, CTRent $1,253 · Income $58,613Grants Pass, ORRent $1,217 · Income $59,646Fayetteville, NCRent $1,250 · Income $58,407Myrtle Beach, SCRent $1,261 · Income $60,394

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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