Florida · Census, HUD and BEA figures · Updated

Cost of Living in Homosassa Springs, FL

Prices around Homosassa Springs, FL run 6.5% below the U.S. average (BEA, the metro area). The typical household there earns $48,049 a year, and HUD puts a two-bedroom at $1,225 a month. Keeping that rent under 30% of income takes about $49,000 a year.

Homosassa Springs, FL at a glance

Median household income

$48,049$4,004 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,225HUD FY2026 Fair Market Rent
Price level (U.S. = 100)93.5-6.5% · BEA, the metro area
Electricity15.1¢per kWh · EIA Residential FL
Population15,701Census ACS 5-year estimate

How much rent can you afford in Homosassa Springs, FL?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Moderate cost burden (30–50%)
HUD Fair Market Rent$1,225Monthly market rent
Share of gross income30.6%Recommended max: 30%
Annual income needed$49,000To meet the 30% standard
Max affordable rent$1,201At 30% of $48,049
0%30% (Affordability standard)100%
Compare against:

How much is rent in Homosassa Springs, FL? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Homosassa Springs, FL MSA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Homosassa Springs, FL, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$981$11,772$39,24024.5%
1-Bedroom Apartment$988$11,856$39,52024.7%
2-Bedroom ApartmentBenchmark$1,225$14,700$49,00030.6%
3-Bedroom Home$1,704$20,448$68,16042.6%
4-Bedroom Home$2,016$24,192$80,64050.3%

Rent in Homosassa Springs, FL, with the wage each unit needs →

What a typical income covers in Homosassa Springs, FL

The 50/30/20 rule applied to the local median of $48,049 a year ($4,004 a month before tax).

Needs (50%)$2,002/moRent ($1,225 2-BR), utilities (~$136/mo), groceries, transit
Wants (30%)$1,201/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$801/moEmergency fund, retirement, paying down loans

What $48,049 leaves after Florida taxes

Federal income tax, Social Security, Medicare and Florida tax on the local median income. Change the salary to see yours.

$48,049
$15,000$100,000
Filing status:
Gross salary breakdown$48,049
Net 85%
Fed 7%
FICA 8%
Annual take-home$40,787After all taxes
Monthly deposit$3,399Estimated per month
Biweekly paycheck$1,569Every 2 weeks (26/yr)
Effective tax rate15.1%Total tax burden
Federal income tax$3,586 / yr
Florida state income taxNo state wage tax$0
FICA (Social Security & Medicare)$3,676 / yr

Living in Homosassa Springs, FL: common questions

What is the median household income in Homosassa Springs, FL?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Homosassa Springs, FL is $48,049 per year (approximately $4,004 per month).

What is the average rent in Homosassa Springs, FL?

The closest official figure is HUD's Fair Market Rent for 2026: $981 for a studio, $988 for one bedroom, $1,225 for two, $1,704 for three and $2,016 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Homosassa Springs, FL expensive to live in?

Prices there run 6.5% below the U.S. average. BEA's regional price parity for the metro area is 93.5, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Homosassa Springs, FL?

To keep a $1,225 two-bedroom under 30% of gross income, a household needs about $49,000 a year, or $4,083 a month. That is 102% of what the typical household in Homosassa Springs, FL earns.

How much do you need to live comfortably in Homosassa Springs, FL?

On the local median income of $48,049 ($4,004 a month before tax), the 50/30/20 rule leaves $2,002 a month for needs like rent, utilities and groceries, $1,201 for everything else and $801 for savings or debt. A two-bedroom at $1,225 takes 61% of the needs share.

How much is the electric bill in Homosassa Springs, FL?

Homes in Florida paid 15.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $136. Your bill depends mostly on heating and cooling.