Cost to Own
United StatesFloridaOrange CountyDoctor Phillips Population 12,458 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Doctor Phillips, Florida

A $484,000 home here costs

$3,782

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

A standard mortgage calculator would have told you $2,488. The real number is $1,293 higher every month — 52% more than the payment most buyers budget for.

Doctor Phillips median: $484,000
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, $387,200 borrowed $2,488
Property tax0.975% effective rate for Doctor Phillips itself $393
Homeowners insuranceFlorida averages $2,437/yr (NAIC), or 0.725% of home value $292
Electricity15.17¢/kWh — Florida residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $403
Total monthly $3,782

Doctor Phillips against Orange County and Florida

MeasureDoctor PhillipsOrange County
Median home value$484,000$358,300
Median property tax$4,721$2,795
Effective tax rate0.975%0.780%
Median gross rent$2,358$1,675
Population12,4581,440,471

The weather behind that power bill

Doctor Phillips sits in Orange County, which averages a high of 91.9°F in its hottest month and a low of 51.8°F in its coldest, with 51.47" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 3,693 cooling and 468 heating degree days, which is what sets the $136 electricity line above.

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

Other cities in Orange County

Full Orange County cost breakdown · Every county in Florida

Common questions

How much does it cost to own a home in Doctor Phillips?

A $484,000 home in Doctor Phillips, Florida costs approximately $3,782 per month with 20% down at 6.66%. That is $2,488 principal and interest, $393 property tax, $292 homeowners insurance, $204 utilities and $403 set aside for maintenance.

What is the property tax rate in Doctor Phillips?

Doctor Phillips has an effective property tax rate of 0.975%, based on a median home value of $484,000 and median real estate taxes of $4,721. That is higher than the Orange County average of 0.780%.

What is the average home price in Doctor Phillips?

The median owner-occupied home value in Doctor Phillips, Florida is $484,000, against $358,300 across Orange County.

Is it cheaper to rent or buy in Doctor Phillips?

Median gross rent in Doctor Phillips is $2,358 a month, against $3,782 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 Doctor Phillips — 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