Cost to Own
United StatesFloridaEscambia CountyCentury Population 1,972 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Century, Florida

A $67,000 home here costs

$704

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $344. The real number is $360 higher every month — 104% more than the payment most buyers budget for.

Century median: $66,700
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $53,600 borrowed $344
Property tax1.060% effective rate for Century itself $59
Homeowners insuranceFlorida averages $2,437/yr (NAIC), or 0.725% of home value $40
Electricity15.17¢/kWh — Florida residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $56
Total monthly $704

Century against Escambia County and Florida

MeasureCenturyEscambia County
Median home value$66,700$234,200
Median property tax$707$1,406
Effective tax rate1.060%0.600%
Median gross rent$708$1,234
Population1,972323,275

The weather behind that power bill

Century sits in Escambia County, which averages a high of 91.6°F in its hottest month and a low of 43.7°F in its coldest, with 68.31" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 2,943 cooling and 1,304 heating degree days, which is what sets the $136 electricity line above.

See the full climate breakdown for Escambia County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Escambia County

Full Escambia County cost breakdown · Every county in Florida

Common questions

How much does it cost to own a home in Century?

A $67,000 home in Century, Florida costs approximately $704 per month with 20% down at 6.66%. That is $344 principal and interest, $59 property tax, $40 homeowners insurance, $204 utilities and $56 set aside for maintenance.

What is the property tax rate in Century?

Century has an effective property tax rate of 1.060%, based on a median home value of $66,700 and median real estate taxes of $707. That is higher than the Escambia County average of 0.600%.

What is the average home price in Century?

The median owner-occupied home value in Century, Florida is $66,700, against $234,200 across Escambia County.

Is it cheaper to rent or buy in Century?

Median gross rent in Century is $708 a month, against $704 to own the median home all in. Owning costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Century — 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.

Full methodology