Cost to Own
United StatesFloridaSt. Johns CountyFruit Cove Population 35,609 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Fruit Cove, Florida

A $452,000 home here costs

$3,454

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

A standard mortgage calculator would have told you $2,324. The real number is $1,131 higher every month — 49% more than the payment most buyers budget for.

Fruit Cove median: $451,600
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, $361,600 borrowed $2,324
Property tax0.734% effective rate for Fruit Cove itself $276
Homeowners insuranceFlorida averages $2,437/yr (NAIC), or 0.725% of home value $273
Electricity15.17¢/kWh — Florida residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $377
Total monthly $3,454

Fruit Cove against St. Johns County and Florida

MeasureFruit CoveSt. Johns County
Median home value$451,600$457,600
Median property tax$3,316$3,547
Effective tax rate0.734%0.775%
Median gross rent$2,261$1,775
Population35,609292,243

The weather behind that power bill

Fruit Cove sits in St. Johns County, which averages a high of 91.0°F in its hottest month and a low of 47.8°F in its coldest, with 50.64" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 3,079 cooling and 803 heating degree days, which is what sets the $136 electricity line above.

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

Other cities in St. Johns County

Full St. Johns County cost breakdown · Every county in Florida

Common questions

How much does it cost to own a home in Fruit Cove?

A $452,000 home in Fruit Cove, Florida costs approximately $3,454 per month with 20% down at 6.66%. That is $2,324 principal and interest, $276 property tax, $273 homeowners insurance, $204 utilities and $377 set aside for maintenance.

What is the property tax rate in Fruit Cove?

Fruit Cove has an effective property tax rate of 0.734%, based on a median home value of $451,600 and median real estate taxes of $3,316. That is lower than the St. Johns County average of 0.775%.

What is the average home price in Fruit Cove?

The median owner-occupied home value in Fruit Cove, Florida is $451,600, against $457,600 across St. Johns County.

Is it cheaper to rent or buy in Fruit Cove?

Median gross rent in Fruit Cove is $2,261 a month, against $3,454 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 Fruit Cove — 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