Cost of Living in Tallahassee, Florida
Tallahassee has a population of about 201,875. The median household income is $57,409, median gross rent is $1,293/month, and the median home value is $294,400. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Tallahassee expensive to live in?
Compared with the national median in this dataset, rent in Tallahassee is 22% below the national median and home values are 21% below the national median. Household income here is 32% below the national median. Monthly rent represents roughly 27% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Tallahassee?
The median gross rent in Tallahassee, Florida is $1,293 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Tallahassee?
The median owner-occupied home value in Tallahassee is $294,400 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Tallahassee?
The median household income in Tallahassee is $57,409 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.