MyNeighborhood

Can you afford to live in SEBASTIAN?

Median household income, home values and rent in SEBASTIAN, 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 SEBASTIAN.

Median household income: $68,863 — +52.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,414/mo — +40.8% since 2015

Median home value, 2015 to 2023

  • 2015: 145600
  • 2023: 281700

Median household income

  • SEBASTIAN: 68863
  • Indian River County: 71049
  • FL: 71711
  • U.S.: 78538

Median gross rent

  • SEBASTIAN: 1414
  • Indian River County: 1284
  • FL: 1564
  • U.S.: 1348

Share of income a typical renter spends on rent: 37.5% — U.S.: 30.2%

What it means

The typical household here earns $68,863 — notably lower than the national figure of $78,538.

The typical renter here spends 37.5% 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 (+52.1% versus +40.8%), before adjusting for inflation.

Sources

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