Total monthly cost of ownership
Cost to Own a Home in Ferry Pass, Florida
A $244,000 home here costs
$1,928per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,254. The real number is $674 higher every month — 54% 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.
Ferry Pass against Escambia County and Florida
| Measure | Ferry Pass | Escambia County |
|---|---|---|
| Median home value | $243,600 | $234,200 |
| Median property tax | $1,424 | $1,406 |
| Effective tax rate | 0.585% | 0.600% |
| Median gross rent | $1,322 | $1,234 |
| Population | 30,467 | 323,275 |
The weather behind that power bill
Ferry Pass 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 Ferry Pass?
A $244,000 home in Ferry Pass, Florida costs approximately $1,928 per month with 20% down at 6.66%. That is $1,254 principal and interest, $119 property tax, $147 homeowners insurance, $204 utilities and $203 set aside for maintenance.
What is the property tax rate in Ferry Pass?
Ferry Pass has an effective property tax rate of 0.585%, based on a median home value of $243,600 and median real estate taxes of $1,424. That is lower than the Escambia County average of 0.600%.
What is the average home price in Ferry Pass?
The median owner-occupied home value in Ferry Pass, Florida is $243,600, against $234,200 across Escambia County.
Is it cheaper to rent or buy in Ferry Pass?
Median gross rent in Ferry Pass is $1,322 a month, against $1,928 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 Ferry Pass — 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.