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Hernando County Housing Market

Florida · 67 counties · Ranked #2294 in home value

Below National Avg

Housing at a Glance

Median Home Value

$240,700

vs national$240,700 vs $281,900 national

Median Gross Rent

$1,209/mo

vs national+$1,209 vs $1,163 national

Effective Tax Rate

0.72%

vs national0.72% vs 1.02% national

Median Household Income

$63,193

vs national$63,193 vs $74,755 national

Affordability Ratio

3.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

32.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,732

Tax as % of Home Value

0.72%

Monthly Owner Cost

$943

Renter Income

$44,749

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Mortgage

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Home Search

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Similar Counties by Home Value

King and Queen County

Explore Related Data

Frequently Asked Questions

What is the median home value in Hernando County?

The median home value in Hernando County is $240,700. This is below the national median of $281,900.

How much is rent in Hernando County?

The median gross rent in Hernando County is $1,209 per month.

What is the property tax rate in Hernando County?

The effective property tax rate in Hernando County is 0.72%. The median annual property tax bill is $1,732.

Is Hernando County affordable?

With a home-value-to-income ratio of 3.8x, Hernando County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.