CALCMONEY // HOME AFFORDABILITY // FL // JACKSONVILLE
How much house can you afford in Jacksonville? Based on local median home prices, current FL mortgage rates, and Jacksonville property tax data.
$310,000
$1,982/mo
$84,946/yr
$199,524
Monthly housing costs of $1,982 represent 39.6% of Jacksonville's median gross monthly income ($5,000/mo). At 39.6%, median-income buyers in Jacksonville are significantly stretched — well above the 28% guideline. A larger down payment or higher income is required.
| Median Home Price | $310,000 |
| Down Payment (20%) | $62,000 |
| Loan Amount | $248,000 |
| Monthly PI Payment | $1,633 |
| Monthly Property Tax | $220 |
| Monthly Insurance Est. | $129 |
| Total Monthly PITI | $1,982 |
| Housing Cost % of Income | 39.6% |
| Required Income (28% rule) | $84,946/yr |
| Max Affordable Home | $199,524 |
$10,850
$2,531/mo
Jacksonville Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $310,000 | Jacksonville city median |
| Down Payment (20%) | $62,000 | Conventional loan |
| Monthly PITI | $1,982 | 6.9% rate, 30yr fixed |
| Required Income (28% rule) | $84,946 | Annual gross |
| Max Affordable Home | $199,524 | Based on median income |
| FHA Down (3.5%) | $10,850 | Minimum FHA |
| Housing Cost % of Income | 39.6% | Median income: $60,000/yr |
| Property Tax Rate | 0.85% | $2,635/yr on median home |
Monthly PITI includes principal, interest, property tax, and homeowners insurance. Estimates only.
The median home price in Jacksonville is $310,000, with a local 30-year mortgage rate of 6.9%. A buyer putting 20% down carries a loan of $248,000, generating a monthly P&I payment of $1,633. Adding property taxes ($220/mo) and homeowners insurance ($129/mo) brings total monthly PITI to $1,982.
Jacksonville's property tax rate of 0.85% is near the national average, adding a standard increment to monthly housing costs. On the Jacksonville median home, that is $220/month, or $2,635 per year.
Florida has no state income tax, improving effective take-home pay for Jacksonville residents and giving buyers additional capacity relative to equally-priced homes in high-tax states.
Using the 28% rule, a household earning Jacksonville's median income of $60,000/year can afford up to $1,400/month in total housing costs. Based on Jacksonville's mortgage rate of 6.9% and property tax rate of 0.85%, that translates to a maximum affordable home price of approximately $199,524 with 20% down on a 30-year loan.
To afford the median Jacksonville home priced at $310,000, you need an annual gross income of approximately $84,946. Total monthly housing costs (principal and interest of $1,633, property taxes of $220, and insurance of $129) come to $1,982/month, which equals 28% of the required income.
At the median home price of $310,000 and median household income of $60,000, the total monthly housing cost of $1,982 represents 39.6% of gross monthly income. This is well above the standard 28% threshold, making Jacksonville a challenging market for buyers at median income.
A conventional 20% down payment on the median Jacksonville home of $310,000 is $62,000. An FHA loan requires just 3.5% down — $10,850 — but adds mortgage insurance of roughly $212/month, bringing total FHA payments to $2,531/month.
Miami
$600,000 median
FLTampa
$390,000 median
FLOrlando
$380,000 median
FLFort Lauderdale
$530,000 median