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Fleming Island, FL

Stretch

Living in Fleming Island, FL costs about 18% more than the national average (Cost Index: 118). Housing is the main driver — the typical home value of $436,179 is well above the $303,400 US median. The local median household income is $119,046, which helps frame the place-side housing burden.

Fleming Island sits in the stretch zone: not impossible, but household feasibility will depend heavily on rent, down payment, debt load, and whether you are renting or buying. Start with the verdict panel, then compare scenarios before treating this city as affordable.Data Sources: U.S. Census Bureau ACS 2023 · BEA RPP 2023 · Zillow ZHVI

Data Updated: March 2026
Housing Feasibility Verdict
Safe

Based on your household income, housing mode, local rent, home value, property tax, and mortgage assumptions for Fleming Island.

Monthly Housing
$1,767/mo
Lower of rent or buy scenario
Housing Burden
18%
Healthy
Residual Cash
$7,654/mo
After housing and debt · $2,551/person
Rent vs Buy
Buying can be tested
Main pressure: home prices
Assumptions
Housing Mode
Confidence: HighHome source: ZILLOWRent source: ZILLOWBEA proxy: msaHousehold size: 3Down payment: 20%Fixed burden: 23%
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Cost Index
118
Expensive
Based on housing costs · See methodology
Median Home Value
$436,179
Zillow ZHVI Market Rate • Census ACS: $387,400
National: $303,400
Median Rent
$1,767/mo
Zillow ZORI Market Rate • Census ACS: $1,918/mo
National: $1,348/mo
Household Income
$119,046
National: $78,538
Population
29,351
Purchasing Power
128
100 = national baseline

Cost of Living Breakdown

Each index uses 100 as the US national average. A score of 150 means 50% more expensive; 80 means 20% cheaper.

Housing Cost Index
144 / 100
44% above average
Rent Index
131 / 100
31% above average
Goods & Groceries
96 / 100
About the same as most US cities
Utilities
88 / 100
12% lower utility bills
Healthcare & Services
99 / 100
In line with national average
Overall Index
118
Expensive · 18% above average

Fleming Island Mortgage Calculator

Pre-filled with the local median home value of $436,179 and Florida's property tax rate of 0.86%.

Household Housing Budget

Local median household income is shown only as a place-side affordability input. Personal salary, filing status, and take-home pay analysis belong in salary.city.

Local Household Income
$119,046
Census ACS place context
Rent Burden Estimate
18%
Typical annual rent / local household income
Home Price to Income
3.7x
Typical home value / local household income
Use this section to judge whether Fleming Island looks structurally manageable for a household budget. For a specific job offer, filing status, payroll taxes, or salary equivalence across cities, run the income-side decision in salary.city.

Property Tax in Fleming Island, FL

Est. Annual Property Tax
$3,751
Monthly Impact
$313
Added to your mortgage
Effective Rate
0.86%
National avg: ~1.00%

Florida Place Tax Context

Tax TypeFloridaNational Avg
Property Tax Rate0.86%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax7.01%~5.0%

Compare Fleming Island to Another City

Compare place-side costs such as housing, rent, groceries, utilities, services, and tax context.

Cost of Living Comparison

Compare place-side housing, rent, goods, services, and utility pressure between cities.

Fleming Island, FL
118
131
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Fleming Island, FL: 144
Rent Prices
131

FAQ: Living in Fleming Island

Is Fleming Island, FL an expensive place to live?+

Yes — Fleming Island is about 18% more expensive than the national average, with an overall Cost Index of 118. Housing is the biggest factor: the typical home here is valued around $436,179, and monthly rents average roughly $1,767. Day-to-day costs like groceries and utilities tend to run closer to the national norm.

How does Fleming Island fit a household housing budget?+

Start with housing. Typical monthly rent is $1,767, while local median household income is $119,046. That implies a rent-burden proxy of about 18% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

How much are taxes in Fleming Island, FL?+

Florida is one of the few states with no state income tax, which can save residents thousands of dollars per year. The effective property tax rate is 0.86%. On a home worth $436,179, that translates to roughly $3,751 per year in property taxes. Sales tax (state + local) averages around 7.01% on everyday purchases.

How much does it cost to rent in Fleming Island, FL?+

The typical monthly rent in Fleming Island is around $1,767. That's about 31% higher than the $1,348 national median. For comparison, the median home value here is $436,179, so buyers should also factor in mortgage payments, property taxes, and insurance.

How much does a house cost in Fleming Island, FL?+

The median home in Fleming Island is valued at $436,179. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $2,206/month for principal and interest alone — before property taxes and insurance. About 87% of residents here own their homes.

Are groceries and utilities expensive in Fleming Island?+

Grocery prices in Fleming Island are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 88). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

What is Fleming Island, FL like to live in?+

Fleming Island is a small town with a population of about 29,351. The median age of residents is 47.7, skewing somewhat older — common in established suburban communities. The local poverty rate is 5.11%, well below the national average of 12.4%.

Lower-Pressure Alternatives in Florida

If Fleming Island feels tight, start with these same-state cities that look easier on rent burden or buy-side pressure.

Higher-Pressure Comparisons in Florida

Use these city pages when you want to compare Fleming Island against tougher same-state markets before deciding whether the current city is already a stretch.

LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
Data Sources & Methodology
  • Real Estate & Housing: Zillow Home Value Index (ZHVI, Smoothed & Seasonally Adjusted) and Zillow Observed Rent Index (ZORI). Structural fallback utilizes U.S. Census Bureau ACS 5-Year Estimates.
  • Goods, Utilities & Services: U.S. Bureau of Economic Analysis (BEA) Metropolitan Area Regional Price Parities (MARPP), incorporating verified State Nonmetropolitan averages.
  • Mortgage Rates: Freddie Mac 30-Year Fixed Rate Mortgage Average in the United States (PMMS) via Federal Reserve Economic Data (FRED).
  • Tax Context: State-level property, sales, and income-tax context used for place-side relocation planning. Personal take-home pay and offer analysis are handled by salary.city.
  • Index Methodology: Weighting matrix derived from Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CEX) distributional models. Baseline standardized at 100. (Read methodology details)
Last data update: March 2026 · Mortgage rates updated monthly