Town โ€ข 34,877 people

Lakewood Ranch, FL

Discover how far your salary goes in Lakewood Ranch. Compare taxes, rent, and living costs.

Cost Index
131
๐Ÿ“ˆ Above Average
Population

34,877

State Tax

None! ๐ŸŽ‰

1BR Rent

$1,530

/month

vs National

+9%

above avg

How far would your salary go in Lakewood Ranch?

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Rent Prices in Lakewood Ranch

๐Ÿ 

Studio

$1,224

/month

$14,688/year

Most Common
๐Ÿ›๏ธ

1 Bedroom

$1,530

/month

$18,360/year

๐Ÿก

2 Bedroom

$2,065

/month

$24,780/year

๐Ÿ˜๏ธ

3 Bedroom

$2,677

/month

$32,124/year

Taxes in Florida

State Income Tax

Florida

0%
๐ŸŽ‰

No State Income Tax!

Florida doesn't tax wagesโ€”keep more of every paycheck.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Lakewood Ranch, FL?โ–ผ

Lakewood Ranch has a cost of living index of 131, which is 31% above the national average. A 1-bedroom apartment costs around $1,530/month.

What is the state income tax in Florida?โ–ผ

Florida has no state income tax! This can save you thousands of dollars per year compared to states with income tax.

How much is rent in Lakewood Ranch?โ–ผ

The median rent for a 1-bedroom apartment in Lakewood Ranch is $1,530/month. For a 2-bedroom, expect to pay around $2,065/month. This is 9% above the national average.

Is Lakewood Ranch a good place to live?โ–ผ

Lakewood Ranch is a town with a population of 34,877. The cost of living is above average, making it more expensive than average for the US. A major advantage is zero state income tax.

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