Quick facts: Clearwater, FL

Quick Facts

107.5
Cost of Living
above US average
117,027
Population
22.81
Crime Rate per 1000
below US average
$59,358
Median Income
below US average
$435,000
Median House Price
above US average
$2670.22
Average Rent
above US average
11%
Poverty Rate
above US average
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $59,358.

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Income Needed to Buy

βœ— Stretch
$136k/year
Based on $435,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $136k vs median $59,358
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Income Needed to Rent

⚠ Stretch
$114k/year
Based on $2670.22/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $114k vs median $59,358
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Clearwater, FL

Clearwater, Florida, is a vibrant coastal city located in Pinellas County on the Gulf of Mexico. Known for its stunning beaches, particularly Clearwater Beach, which has been consistently ranked among the top beaches in the U.S., the city attracts millions of visitors each year. Clearwater features a warm climate, making it a popular destination year-round, with average temperatures ranging from the mid-60s in winter to the mid-80s in summer. The city boasts a thriving arts scene, with venues like the Clearwater Marine Aquarium, where visitors can learn about marine life and see rescue animals. Visitors can also enjoy the picturesque Pier 60, which hosts sunset celebrations featuring street performers, crafts, and live music. Clearwater is rich in recreational opportunities, from water sports to hiking trails in nearby parks. The city is also home to a diverse selection of restaurants, shopping, and cultural events, making it a well-rounded destination for both relaxation and adventure. Whether you're looking for family-friendly activities, nightlife, or simply a day on the beach, Clearwater offers a perfect blend of relaxation and entertainment.

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