Total monthly cost of ownership
Cost to Own a Home in Cross City, Florida
A $95,000 home here costs
$961per 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 $41,000 a year.
A standard mortgage calculator would have told you $518. The real number is $443 higher every month, 86% more than the payment most buyers budget for.
Compare Dixie County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Cross City from a five-year rolling sample, and with about 2,260 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Dixie County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Cross City against Dixie County and Florida
| Measure | Cross City | Dixie County |
|---|---|---|
| Median home value | $95,300 | $96,900 |
| Median property tax | $879 | $715 |
| Effective tax rate | 0.922% | 0.738% |
| Median gross rent | $778 | $792 |
| Population | 2,260 | 16,952 |
The weather behind that power bill
Cross City sits in Dixie County, which averages a high of 90.1°F in its hottest month and a low of 41.8°F in its coldest, with 51.48" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 2,695 cooling and 1,258 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Dixie County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dixie County
No other places of this size are published in Dixie County.
Talk to someone who works this market
These are Cross City 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 Cross City every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Cross City I already own here and may sell
Common questions
How much does it cost to own a home in Cross City?
A $95,000 home in Cross City, Florida costs approximately $961 per month with 20% down at 7.24%. That is $518 principal and interest, $73 property tax, $57 homeowners insurance, $233 utilities and $79 set aside for maintenance.
What is the property tax rate in Cross City?
Cross City has an effective property tax rate of 0.922%, based on a median home value of $95,300 and median real estate taxes of $879. That is higher than the Dixie County average of 0.738%.
What is the average home price in Cross City?
The median owner-occupied home value in Cross City, Florida is $95,300, against $96,900 across Dixie County.
Is it cheaper to rent or buy in Cross City?
Median gross rent in Cross City is $778 a month, against $961 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 Cross City?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Cross City, Florida at today's rate takes a household income of roughly $41,000 a year. That covers the full $961 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cross City, 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.