Jacksonville, FL variant. This is a Jacksonville, FL-specific version of the Mortgage Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Mortgage Calculator.
Jacksonville's $280,000 median home and 0.94% property tax make for a distinctive mortgage payment. High-cost metros front-load the principal-and-interest portion.
Mortgage payment in Jacksonville
On the $280,000 median home with 20% down ($56,000), you'd finance $224,000. At 6.5% over 30 years, P&I ≈ $1,416/month.
Add Jacksonville's 0.94% property tax (≈ $219/month) plus insurance for the all-in payment.
About Jacksonville, FL
Jacksonville residents pay no state or city income tax, since Florida does not impose a personal income tax.
Jacksonville offers relatively affordable home prices, helped by its very large land area and abundant room for development.
Jacksonville's economy is supported by logistics, financial services, healthcare, and a sizable military and port presence.
Worked example: $280,000 Jacksonville home
Loan $224,000 at 6.5% for 30 years → $1,416/mo P&I. Property tax ≈ $219/mo. Total before insurance ≈ $1,635/mo.
Quick reference
- Median home value: $280,000
- Median rent: $1,650/mo
- Median household income: $61,070
- Local sales tax: 7.5%
- Effective property tax rate: 0.94%
- Cost of living index: 95 (US avg = 100)
Frequently Asked Questions
How much is a mortgage in Jacksonville?
About $1,416/month P&I on the $280,000 median home with 20% down at 6.5%.
What is the property tax rate in Jacksonville?
About 0.94% of home value per year.