MyNeighborhood

Can you afford to live in OVIEDO?

Median household income, home values and rent in OVIEDO, FL — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in OVIEDO.

Median household income: $114,092 — +41.9% since 2015 (not adjusted for inflation)

Median gross rent: $1,963/mo — +46.1% since 2015

Median home value, 2015 to 2023

  • 2015: 223900
  • 2023: 428500

Median household income

  • OVIEDO: 114092
  • Seminole County: 83030
  • FL: 71711
  • U.S.: 78538

Median gross rent

  • OVIEDO: 1963
  • Seminole County: 1686
  • FL: 1564
  • U.S.: 1348

Share of income a typical renter spends on rent: 31.4% — U.S.: 30.2%

What it means

The typical household here earns $114,092 — far higher than the national figure of $78,538.

The typical renter here spends 31.4% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+46.1% versus +41.9%), before adjusting for inflation.

Sources

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