Florida continues to attract new residents with its stunning beaches, vibrant cities, and favorable weather. According to the Tampa Bay Economic Development Council, the state saw over 1,200 new residents per day in the previous year. For those considering a move to the Sunshine State, here are the top 10 most affordable cities, as reported by New Home Source.
1. Titusville:
– Home Price to Income Ratio: 3.08%
– Average Property Tax: $1,236
– Median Household Income: $46,609
Situated on Florida’s Space Coast, Titusville offers residents the opportunity to witness frequent rocket launches and explore attractions like the Kennedy Space Center and Canaveral National Seashore.
2. Winter Haven:
– Home Price to Income Ratio: 3.30%
– Average Property Tax: $1,325
– Median Household Income: $46,669
Located between Tampa and Orlando, Winter Haven boasts numerous lakes, perfect for boating and hiking, earning it the title of a classic, all-American town.
3. Lauderdale Lakes:
– Home Price to Income Ratio: 3.37%
– Average Property Tax: $1,849
– Median Household Income: $35,532
Nestled along the Atlantic coast, Lauderdale Lakes offers access to scenic parks like Taylor Birch State Park and Fern Forest Nature Center.
4. Daytona Beach:
– Home Price to Income Ratio: 4.26%
– Average Property Tax: $1,438
– Median Household Income: $35,893
Famous for the Daytona International Speedway, Daytona Beach hosts year-round events and festivals, ensuring residents are always entertained.
5. Sanford:
– Home Price to Income Ratio: 3.32%
– Average Property Tax: $1,378
– Median Household Income: $47,217
With Lake Monroe and the St. Johns River nearby, Sanford provides ample opportunities for water sports enthusiasts.
6. Largo:
– Home Price to Income Ratio: 2.81%
– Average Property Tax: $1,122
– Median Household Income: $44,323
Described as a chill seaside city, Largo offers beaches, golf courses, and a vibrant downtown area filled with shops and restaurants.
7. Lakeland:
– Home Price to Income Ratio: 3.15%
– Average Property Tax: $1,286
– Median Household Income: $47,511
Lakeland boasts numerous lakes, hiking trails, and museums, catering to a diverse range of interests.
8. Deltona:
– Home Price to Income Ratio: 2.95%
– Average Property Tax: $1,457
– Median Household Income: $52,616
Nature lovers will appreciate Deltona’s outdoor offerings, including hiking at Green Springs Park and picnicking at Mariner’s Cove Park.
9. Jacksonville:
– Home Price to Income Ratio: 3.17%
– Average Property Tax: $1,628
– Median Household Income: $54,701
Jacksonville offers affordability combined with a range of recreational activities, from surfing and snorkeling to shopping and dining.
10. Pinellas Park:
– Home Price to Income Ratio: 3.12%
– Average Property Tax: $1,392
– Median Household Income: $49,652
With its southern charm, Pinellas Park appeals to those seeking a welcoming community atmosphere.
These cities provide attractive living options for those looking to enjoy all that Florida has to offer without breaking the bank.