CitytisticsShortlist

Cost of living, pay and housing

27.58° N · 80.38° W · GEOID 1223050

Florida Ridge

Indian River County, Florida · part of the Sebastian, FL metro

FloridaFlorida Ridge, FLFlorida RidgeFlorida Ridge

The short answer

Florida Ridge is home to 20,889 people. Median household income is $66,625 a year and median rent is $1,342 a month, 24.2% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $287,900, about 4.3x annual median household income.

The story in Florida Ridge is how fast things are changing. Home values rose 15.3% a year between the 2019 and 2024 surveys while incomes rose 6.4%, a wider gap than in 95% of places its size. Also notable: Home value growth is 15.3% a year, against 10.4% a year in its closest peers.

24OF 100

CTXCitytistics Index

Weak

Florida Ridge scores better than 24% of the 6,612 places we rate, and ranks 263rd of 474 in Florida.

How the CTX is built

Category ratings · 0 to 100, typical place 50

Affordability 20%30
Economy 20%47
Safety 20%n/a
Amenities 15%33
Education 10%43
Commute 10%53
Growth 5%n/a

Not rated: safety, growth, for want of data (the city police department does not report a full year to the FBI). The other weights are spread over the categories rated.

Median gross rent
$1,342
2% below the median place
Median household income
$66,625
17% below the median place
Median home value
$287,900
10% below the median place
Unemployment
4.5%
8% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Florida Ridge

  • HousingHomeowners pay a median of about 0.5% of home value a year in property tax, less than in 88% of the 2,101 places of 10,000 to 25,000 people we track.
01

Moving to Florida Ridge

Indian River County gains about 14.6 residents per 1,000 a year to moves between counties.

Moved in9,930
Moved out7,962
Net+1,968

Where people come from and where they go, top counties

Within Florida, other states or abroad

Arrivals
Leavers
Within FloridaOther statesAbroad

Income per tax return

Arrivals$134K
Leavers$84K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Indian River County; flows under 20 returns are not published.

Who moves here
6.5% of residents arrived from another county in the past year, 2.7% from another state.
Who arrives and who leaves
Households moving into Indian River County report $134,200 a year in income on average; those leaving, $83,600, so newcomers earn more than leavers.
Income you would need
$53,700 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,342 a month; owners with a mortgage pay $1,440 a month including taxes and insurance, on a median home of $287,900.
Getting to work
25 minutes each way on average; 13.7% work from home.
If it is close but not quite
Auburndale, FL matches it on character for less of your income. Compare the two
Moved from another state1
2.7%
36% above the median place
Moved here in the past year1
6.5%
14% above the median place
Income of households moving in7
$134,165
90% above the median place
All 5 moving measures
MeasureFlorida RidgeAmong 6,645 placesVs median
Moved here in the past year16.5%14% above
Moved from another state12.7%36% above
Net movers per 1,000 people7County figure14.6above (median -0.6)
Income of households moving in7County figure$134,16590% above
Income of households moving out7County figure$83,57119% above
02

What it costs to live here

Owning with a mortgage costs only about $98 a month more than the median rent, a smaller gap than in 92% of the 2,298 places of 10,000 to 25,000 people we track.

Florida Ridge24.2%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$53,680
a year, at the 30% line
Rent to income
24.2%
19% above the median place
Home price to income
4.3x
14% above the median place

Could you afford it?

The median rent would take
24%
comfortably under the 30% line
Left after rent, in US prices
$52,100
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Florida Ridge, $1,342 a month, and local prices for everything else (97.6 against a US average of 100). It runs in your browser and stores nothing.

Like Florida Ridge, but easier on the budget

Places that match Florida Ridge on character (size, age, education, homeownership, household size, housing age, remote work and climate) but where rent takes a clearly smaller share of income. Cost was left out of the match on purpose.

PlaceMatchRent to incomeMore left a year
Auburndale, FL9318.6% vs 24.2%$13,400Compare
Lakeland Highlands, FL9218.9% vs 24.2%$38,400Compare
Middleburg, FL9217.6% vs 24.2%$11,400Compare
Raceland, LA9212.5% vs 24.2%$5,600Compare

Moving from somewhere else? Work out the salary you would need in Florida Ridge.

Sponsored · exampleMoving to Florida Ridge? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Vacant homes1
19.9%
182% above the median place
Renters paying 30%+1
36.7%
28% below the median place
Property tax rate1
0.5%
42% below the median place
All 16 cost and housing measures
MeasureFlorida RidgeAmong 6,645 placesVs median
Median gross rent1$1,3422% below
Rent to income124.2%19% above
Property tax rate10.5%42% below
Home price to income14.3x14% above
Prices vs US average2Metro figure98.33% below
Fair market rent, 2 bedrooms3County figure$1,5425% below
HUD area median income4County figure$105,2002% below
Property tax paid (median)1$1,52053% below
Median home value1$287,90010% below
Home prices, 1-year change5County figure-1.6%below (median 3.2%)
Home prices, 5-year change5County figure58.0%13% above
Homeownership179.3%19% above
Renters paying 30%+136.7%28% below
Owner costs with a mortgage1$1,44023% below
Vacant homes119.9%182% above
Median year built119891% above
03

Work and pay

Median household income is $66,625, 17% below the median place.

Median household income1
$66,625
17% below the median place
Income per person1
$35,923
10% below the median place
Works from home1
13.7%
10% above the median place
All 10 work and pay measures
MeasureFlorida RidgeAmong 6,645 placesVs median
Median household income1$66,62517% below
Income per person1$35,92310% below
Unemployment1County figure4.5%8% below
Average annual pay6County figure$63,3524% below
Pay growth, 1 year6County figure9.2%149% above
Jobs6County figure57,57662% below
Poverty rate111.3%5% above
Mean commute125 min2% below
Works from home113.7%10% above
Commutes by transit1County figure0.6%33% below
04

Who lives here

Median age is 44.8, 15% above the median place.

Median age1
44.8
15% above the median place
No health insurance1
12.5%
95% above the median place
Born abroad1
11.7%
32% above the median place

More about who lives here, against the typical place

Bachelor's or higher28.5% −11%
Household size2.6 +3%
Homes with broadband92.9% +1%
High school or higher92.4% +0%
All 8 people measures
MeasureFlorida RidgeAmong 6,645 placesVs median
Population120,8892227th largest
Median age144.815% above
Bachelor's or higher128.5%11% below
High school or higher192.4%0% above
Household size12.63% above
Born abroad111.7%32% above
No health insurance112.5%95% above
Homes with broadband192.9%1% above
05

Life in Florida Ridge

OpenStreetMap shows 1.9 parks per 10,000 residents, fewer than in 91% of the 2,301 places of 10,000 to 25,000 people we track.

32 sites are on the National Register of Historic Places, one of them a National Historic Landmark. Its history on Wikipedia

Out the door, against the typical place

Parks per 10k residents1.9 −81%
Playgrounds per 10k4.8 −49%
Grocery stores per 10k1.9 −10%
Restaurants, cafes and bars per 10k0.5 −96%
Libraries per 10k0.0 −100%
Named paths and bike trails3 km +35%
Bus and rail stops per sq mi10.8 51.4×

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

National Park Service sites nearby

  • Canaveral National Seashore 85 miles
  • Big Cypress National Preserve 119 miles
  • De Soto National Memorial 139 miles

Businesses per 10,000 residents (county figures)

Restaurants and bars17.5 −16%
Shops37.1 +22%
Arts, recreation and fitness5.0 +22%
Doctors' offices and clinics26.2 +30%
Child care centers1.7 −26%

Counts businesses with paid staff, so small owner-run shops are not included.

Nearest National Park Service site10
85.4
177% above the median place
Child care centers per 10k8
1.7
26% below the median place
Shops per 10k8
37.1
22% above the median place
All 18 schools and local life measures
MeasureFlorida RidgeAmong 6,645 placesVs median
Public schools12County figure28211% above
Public school students12County figure16,621239% above
Students per teacher12County figure17.715% above
Restaurants and bars per 10k8County figure17.516% below
Shops per 10k8County figure37.122% above
Arts, recreation and fitness per 10k8County figure5.022% above
Doctors' offices and clinics per 10k8County figure26.230% above
Child care centers per 10k8County figure1.726% below
Parks per 10k91.981% below
Playgrounds per 10k94.849% below
Grocery stores per 10k91.910% below
Restaurants, cafes and bars per 10k90.596% below
Libraries per 10k90.0below (median 0.9)
Named paths and bike trails92.735% above
Transit stops per sq mi910.8above (median 0.2)
Nearest National Park Service site1085.4177% above
National Park Service sites within 60 miles100below (median 2)
National Register listings11County figure32146% above
06

Safety, weather and risk

January average low is 51°F, 103% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Florida Ridge. Larger places are fetched first.

January average low13
51°F
103% above the median place
Average temperature13
73°F
33% above the median place
Good air days15
94.1%
37% above the median place
All 11 weather and risk measures
MeasureFlorida RidgeAmong 6,645 placesVs median
July average high13County figure90°F4% above
January average low13County figure51°F103% above
Average temperature13County figure73°F33% above
Annual precipitation13County figure52.4 in20% above
Natural hazard risk14County figure95.63% above
Hurricane risk14County figure99.240% above
Tornado risk14County figure72.511% below
Wildfire risk14County figure88.244% above
Heat wave risk14County figure63.130% below
Median air quality index15County figure3714% below
Good air days15County figure94.1%37% above
08

Florida Ridge in 2030: where the trends point

If recent trends hold, the median rent will take about 24% of the median income in 2030, about the same as 24% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases. On projected 2030 affordability, Florida Ridge does better than 29% of places. Its projected home value growth beats 97%.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,342/mo (2024)$1,710/mo$1,400 to $2,080/mo+4.1%
Median household income$66,625 (2024)$85,000$72,000 to $101,000+4.2%
Median home value$287,900 (2024)$440,000$319,000 to $606,000+7.3%

The median home would be worth 5.2 years of the median income in 2030, against 4.3 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Florida Ridge

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Cocoa, FL$1,274$63,105Compare
Richton Park, IL$1,294$64,554Compare
Laconia, NH$1,224$73,218Compare
Hillside, IL$1,320$72,320Compare
Hillside, ILLaconia, NHRichton Park, ILCocoa, FLFlorida Ridge, FLFlorida RidgeCocoaRichton ParkLaconiaHillsideFlorida RidgeCocoaRichton ParkLaconiaHillside

Places built like Florida Ridge

Its statistical peers: the closest matches on size, age, education, homeownership, household size, housing age, origin and remote work, in the same part of the country. Cost and outcomes are left out of the match, so the table shows how Florida Ridge performs against places like it.

PlaceRent to incomeIncome growthPop. change
Florida Ridge, FL24.2%6.4%/yrn/a
Vero Beach South, FL21.5%5.9%/yrn/aCompare
Glasgow, DE21.5%4.1%/yrn/aCompare
Eustis, FL20.8%6.9%/yr9.8%Compare
Midway, FL20.6%10.1%/yrn/aCompare
Auburndale, FL18.6%7.6%/yr37.2%Compare
Rockledge, FL25.9%4.3%/yr13.2%Compare

Common questions

Is Florida Ridge a good place to live?

It depends on what you need, so here is what the numbers say. Its Citytistics Index is 24 out of 100, better than 24% of the places we rate and 263rd of 474 in Florida. Homeowners pay a median of about 0.5% of home value a year in property tax, less than in 88% of the 2,101 places of 10,000 to 25,000 people we track. On cost, space and class size it scores 48 out of 100 for families. See how it ranks with your own weights.

Is Florida Ridge expensive to live in?

The median rent takes 24.2% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $287,900.

What salary do you need to live in Florida Ridge?

To rent the median home without spending more than 30% of income on rent, a household needs about $53,680 a year. Work it out from your current city.

What places are similar to Florida Ridge?

On income, rent, home value, education and age, the closest matches are Cocoa, FL, Richton Park, IL, Laconia, NH and Hillside, IL.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Common Core of Data · National Center for Education Statistics · 2024 release
  13. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  14. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  15. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Florida Ridge with places of a similar size, using only figures measured for Florida Ridge itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/florida-ridge-florida

Citytistics. “Florida Ridge, Florida.” Data as of 2026-11-14. https://www.citytistics.com/city/florida-ridge-florida/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.