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FY 2018 Final State Minimum Rent Calculation for Florida

For Final FY 2018, State Minimum rents are based on the lower of the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR, or the population-weighted median U.S. nonmetropolitan unadjusted 2-bedroom FMR.

State Nonmetropolitan Median FMR

The table below illustrates how the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR is derived for Florida. The population-weighted median unadjusted nonmetropolitan 2-bedroom FMR for a state is the 2-bedroom FMR where half of a state's nonmetropolitan population lives in counties with the same or lower 2-bedroom FMRs, and half of the nonmetropolitan population lives in counties with the same or higher 2-bedroom FMRs. The nonmetropolitan population of Florida is 706,998, and half of the nonmetropolitan population of Florida is 353,499.

In the table below, the unadjusted 2-bedroom FMRs for the nonmetropolitan counties of Florida are arranged in ascending order, and the cumulative population of the counties at each FMR is listed in the last column. The median unadjusted nonmetropolitan 2-bedroom FMR is the first FMR listed in the table where the cumulative population of counties with that FMR or less first exceeds one-half of the nonmetropolitan population, or 353,499. The row of the table containing the median unadjusted nonmetropolitan 2-bedroom FMR is in bold.

Unadjusted 2-Bedroom FMR County or Counties with Specified Unadjusted 2-Bedroom FMR Aggregate Population at Specified Unadjusted 2-Bedroom FMR Cumulative Nonmetro Population
$360 Lafayette County 8,870 8,870
$546 Liberty County 8,365 17,235
$565 Calhoun County 14,625 31,860
$581 Jackson County 49,746 81,606
$584 Taylor County 22,570 104,176
$603 Hamilton County 14,799 118,975
$615 Suwannee County 41,551 160,526
$639 Washington County 24,896 185,422
$650 Bradford County 28,520 213,942
$653 Holmes County 19,927 233,869
$658 Hardee County, Madison County 46,955 280,824
$667 Union County 15,535 296,359
$682 Dixie County 16,422 312,781
$686 Levy County 40,801 353,582
$693 Putnam County 74,364 427,946
$723 DeSoto County 34,862 462,808
$746 Okeechobee County 39,996 502,804
$784 Columbia County, Franklin County, Glades County 91,964 594,768
$823 Hendry County 39,140 633,908
$1,479 Monroe County 73,090 706,998

State Minimum Rent Determination

The Florida State Nonmetropolitan Median FMR is $686. Because it not greater than the U.S. Nonmetropolitan Median FMR of $697, the Florida State Minimum 2-Bedroom FMR is set at $686.

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