Key Economic Benchmarks
Median Household Income
$48,049$4,004 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Homosassa Springs, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Homosassa Springs, FL
Official FY2026 HUD Fair Market Rents for Homosassa Springs, FL MSA. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $981 | $11,772 | $39,240 | 24.5% |
| 1-Bedroom Apartment | $988 | $11,856 | $39,520 | 24.7% |
| 2-Bedroom ApartmentBenchmark | $1,225 | $14,700 | $49,000 | 30.6% |
| 3-Bedroom Home | $1,704 | $20,448 | $68,160 | 42.6% |
| 4-Bedroom Home | $2,016 | $24,192 | $80,640 | 50.3% |
50/30/20 Living Budget in Homosassa Springs, FL
Based on the local median household income of $48,049/year ($4,004/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Florida
Explore net income after federal income tax, FICA, and Florida state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Florida with official federal datasets:
Frequently Asked Questions About Living in Homosassa Springs, FL
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?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Homosassa Springs, FL are $981 for a studio, $988 for 1 bedroom, $1,225 for 2 bedrooms, $1,704 for 3 bedrooms, and $2,016 for 4 bedrooms.
How does the cost of living in Homosassa Springs, FL compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Homosassa Springs, FL is 93.5 (6.5% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Homosassa Springs, FL?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,225/month) in Homosassa Springs, FL requires a minimum gross household income of $49,000 per year ($4,083 per month).
What is a balanced 50/30/20 monthly budget in Homosassa Springs, FL?
For a typical household earning the median income of $48,049/year ($4,004/month) in Homosassa Springs, FL, a balanced 50/30/20 budget allocates $2,002/month to essential needs (rent, utilities, groceries), $1,201/month to discretionary spending, and $801/month to savings and debt repayment.
What are typical electricity and utility costs in Homosassa Springs, FL?
Residential electricity rates in Florida average 15.1¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $136 per month.