Total monthly cost of ownership
Cost to Own a Home in Baldwin, Florida
A $167,000 home here costs
$1,416per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $859. The real number is $557 higher every month — 65% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Baldwin against Duval County and Florida
| Measure | Baldwin | Duval County |
|---|---|---|
| Median home value | $167,200 | $274,900 |
| Median property tax | $1,355 | $2,142 |
| Effective tax rate | 0.810% | 0.779% |
| Median gross rent | $514 | $1,385 |
| Population | 1,297 | 1,007,189 |
The weather behind that power bill
Baldwin sits in Duval County, which averages a high of 91.8°F in its hottest month and a low of 47.2°F in its coldest, with 47.6" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 3,302 cooling and 944 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Duval County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Duval County
Common questions
How much does it cost to own a home in Baldwin?
A $167,000 home in Baldwin, Florida costs approximately $1,416 per month with 20% down at 6.66%. That is $859 principal and interest, $113 property tax, $101 homeowners insurance, $204 utilities and $139 set aside for maintenance.
What is the property tax rate in Baldwin?
Baldwin has an effective property tax rate of 0.810%, based on a median home value of $167,200 and median real estate taxes of $1,355. That is higher than the Duval County average of 0.779%.
What is the average home price in Baldwin?
The median owner-occupied home value in Baldwin, Florida is $167,200, against $274,900 across Duval County.
Is it cheaper to rent or buy in Baldwin?
Median gross rent in Baldwin is $514 a month, against $1,416 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Baldwin — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Florida.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.