Total monthly cost of ownership
Cost to Own a Home in Bradenton, Florida
A $283,000 home here costs
$2,368per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $101,500 a year.
A standard mortgage calculator would have told you $1,543. The real number is $825 higher every month, 53% more than the payment most buyers budget for.
Compare Manatee County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Bradenton against Manatee County and Florida
| Measure | Bradenton | Manatee County |
|---|---|---|
| Median home value | $282,500 | $359,800 |
| Median property tax | $2,212 | $2,853 |
| Effective tax rate | 0.783% | 0.793% |
| Median gross rent | $1,475 | $1,549 |
| Population | 56,289 | 416,020 |
The weather behind that power bill
Bradenton sits in Manatee County, which averages a high of 91.5°F in its hottest month and a low of 52.3°F in its coldest, with 49.05" of precipitation a year and 48% of it in a single three-month stretch. That climate drives 3,721 cooling and 394 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Manatee County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Manatee County
Full Manatee County cost breakdown · Every county in Florida
Talk to someone who works this market
These are Bradenton averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Bradenton every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Bradenton I already own here and may sell
Common questions
How much does it cost to own a home in Bradenton?
A $283,000 home in Bradenton, Florida costs approximately $2,368 per month with 20% down at 7.24%. That is $1,543 principal and interest, $185 property tax, $171 homeowners insurance, $233 utilities and $236 set aside for maintenance.
What is the property tax rate in Bradenton?
Bradenton has an effective property tax rate of 0.783%, based on a median home value of $282,500 and median real estate taxes of $2,212. That is lower than the Manatee County average of 0.793%.
What is the average home price in Bradenton?
The median owner-occupied home value in Bradenton, Florida is $282,500, against $359,800 across Manatee County.
Is it cheaper to rent or buy in Bradenton?
Median gross rent in Bradenton is $1,475 a month, against $2,368 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Bradenton?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Bradenton, Florida at today's rate takes a household income of roughly $101,500 a year. That covers the full $2,368 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bradenton, 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.