Cost of Living in Lutz, FL
Population: 26,731 • 2026 Data
$114,516
Median Household Income
+48% vs national
$1,648
Median Monthly Rent
+22% vs national
$451,800
Median Home Value
+33% vs national
2.9%
Unemployment Rate
Housing in Lutz
The median home value in Lutz, FL is $451,800. Monthly rent for a typical unit averages $1,648, while total monthly housing costs (including utilities and insurance) average $1,714.
Rent-to-income ratio: 17.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lutz, FL is $114,516. The unemployment rate stands at 2.9%, with a labor force of 13,823 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.