Total monthly cost of ownership
Cost to Own a Home in Five Points, Florida
A $124,000 home here costs
$1,097per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $637. The real number is $459 higher every month — 72% 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.
Five Points against Columbia County and Florida
| Measure | Five Points | Columbia County |
|---|---|---|
| Median home value | $124,000 | $186,400 |
| Median property tax | — | $1,385 |
| Effective tax rate | 0.743% | 0.743% |
| Median gross rent | $850 | $915 |
| Population | 1,160 | 70,755 |
The weather behind that power bill
Five Points sits in Columbia County, which averages a high of 89.7°F in its hottest month and a low of 40.9°F in its coldest, with 53.98" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 2,319 cooling and 1,489 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Columbia County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Columbia County
Full Columbia County cost breakdown · Every county in Florida
Common questions
How much does it cost to own a home in Five Points?
A $124,000 home in Five Points, Florida costs approximately $1,097 per month with 20% down at 6.66%. That is $637 principal and interest, $77 property tax, $75 homeowners insurance, $204 utilities and $103 set aside for maintenance.
What is the property tax rate in Five Points?
Place-level tax data is not published for Five Points, so the Columbia County rate of 0.743% applies here.
What is the average home price in Five Points?
The median owner-occupied home value in Five Points, Florida is $124,000, against $186,400 across Columbia County.
Is it cheaper to rent or buy in Five Points?
Median gross rent in Five Points is $850 a month, against $1,097 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 Five Points — 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.