Housing costs in Summerfield?
A typical home costs
$299,200, which is 11.5% less expensive than the national average of
$338,100 and 17.4% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Summerfield costs
$1,200 per month, which is 23.1% cheaper than the national average of
$1,560 and 5.8% more than the state average of
$1,130.
Can I afford Summerfield?
To live comfortably in Summerfield (zip 34491), Florida, a minimum annual income of
$57,240 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Summerfield?
The cost of living in 34491 Summerfield, FL is relatively low. The median home price is $150,000, which is much lower than the national average. Additionally, the median household income is around $44,000 and the unemployment rate hovers just below 5%, so people can find jobs to support their families easily. Other costs such as transportation and groceries are also lower on average in this area compared to other places in Florida. Overall, 34491 Summerfield is an affordable place to live that offers a strong job market and reasonable housing prices.