Total monthly cost of ownership
Cost to Own a Home in Callahan, Florida
A $234,000 home here costs
$1,873per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,203. The real number is $670 higher every month — 56% 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.
Callahan against Nassau County and Florida
| Measure | Callahan | Nassau County |
|---|---|---|
| Median home value | $233,500 | $351,100 |
| Median property tax | $1,546 | $2,558 |
| Effective tax rate | 0.662% | 0.729% |
| Median gross rent | $760 | $1,335 |
| Population | 1,502 | 94,653 |
The weather behind that power bill
Callahan sits in Nassau County, which averages a high of 91.9°F in its hottest month and a low of 42.9°F in its coldest, with 53.4" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 2,803 cooling and 1,228 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Nassau County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Nassau County
Common questions
How much does it cost to own a home in Callahan?
A $234,000 home in Callahan, Florida costs approximately $1,873 per month with 20% down at 6.66%. That is $1,203 principal and interest, $129 property tax, $141 homeowners insurance, $204 utilities and $195 set aside for maintenance.
What is the property tax rate in Callahan?
Callahan has an effective property tax rate of 0.662%, based on a median home value of $233,500 and median real estate taxes of $1,546. That is lower than the Nassau County average of 0.729%.
What is the average home price in Callahan?
The median owner-occupied home value in Callahan, Florida is $233,500, against $351,100 across Nassau County.
Is it cheaper to rent or buy in Callahan?
Median gross rent in Callahan is $760 a month, against $1,873 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 Callahan — 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.