MyNeighborhood

Can you afford to live in PORT CHARLOTTE?

Median household income, home values and rent in PORT CHARLOTTE, 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 PORT CHARLOTTE.

Median household income: $60,729 — +56.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,335/mo — +46.7% since 2015

Median home value, 2015 to 2023

  • 2015: 114900
  • 2023: 249400

Median household income

  • PORT CHARLOTTE: 60729
  • Charlotte County: 66154
  • FL: 71711
  • U.S.: 78538

Median gross rent

  • PORT CHARLOTTE: 1335
  • Charlotte County: 1289
  • FL: 1564
  • U.S.: 1348

Share of income a typical renter spends on rent: 36.7% — U.S.: 30.2%

What it means

The typical household here earns $60,729 — notably lower than the national figure of $78,538.

The typical renter here spends 36.7% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+56.1% versus +46.7%), before adjusting for inflation.

Sources

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