HomeRule

Cost of homeownership in Florida

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$231,560
Avg property tax
$1,757
Homeownership rate
73.5%
1yr appreciation
-2.6%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.Monroe County$696,900
  2. 2.Collier County$443,700
  3. 3.St. Johns County$416,100
  4. 4.Miami-Dade County$387,000
  5. 5.Palm Beach County$368,300
  6. 6.Martin County$359,200
  7. 7.Broward County$348,600
  8. 8.Sarasota County$338,500
  9. 9.Seminole County$329,300
  10. 10.Orange County$329,000

Most affordable counties

  1. 1.Dixie County11.4%
  2. 2.Union County12.4%
  3. 3.Lafayette County12.4%
  4. 4.Taylor County12.5%
  5. 5.Calhoun County12.6%
  6. 6.Jefferson County12.8%
  7. 7.Holmes County12.9%
  8. 8.Hamilton County12.9%
  9. 9.Bradford County13.2%
  10. 10.Glades County13.3%
Avg electricity
15.2¢/kWh

DOE EIA residential average.

Avg annual energy cost
$1,646

Residential baseline.

Avg mortgage interest deduction
Pending

IRS SOI, state-level avg.

All counties in Florida

Frequently asked questions

How much does it cost to own a home in Florida?

Based on Census ACS, the state average home value in Florida is $231,560, with median annual property tax around $1,757. Your actual cost depends on county and property.

What is the property tax in Florida?

Property tax rates vary by county. Florida's state average sits at roughly $1,757 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Florida?

FHFA House Price Index data shows Florida appreciating -2.6% over the last year and 50.7% over the last five years.

Is homeownership high in Florida?

Florida's homeownership rate is 73.5% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.