Cost to Own
United StatesFloridaEscambia CountyGonzalez Population 13,861 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Gonzalez, Florida

A $250,000 home here costs

$1,983

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

A standard mortgage calculator would have told you $1,285. The real number is $698 higher every month — 54% more than the payment most buyers budget for.

Gonzalez median: $249,800
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, $200,000 borrowed $1,285
Property tax0.644% effective rate for Gonzalez itself $134
Homeowners insuranceFlorida averages $2,437/yr (NAIC), or 0.725% of home value $151
Electricity15.17¢/kWh — Florida residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $208
Total monthly $1,983

Gonzalez against Escambia County and Florida

MeasureGonzalezEscambia County
Median home value$249,800$234,200
Median property tax$1,609$1,406
Effective tax rate0.644%0.600%
Median gross rent$1,151$1,234
Population13,861323,275

The weather behind that power bill

Gonzalez 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 Gonzalez?

A $250,000 home in Gonzalez, Florida costs approximately $1,983 per month with 20% down at 6.66%. That is $1,285 principal and interest, $134 property tax, $151 homeowners insurance, $204 utilities and $208 set aside for maintenance.

What is the property tax rate in Gonzalez?

Gonzalez has an effective property tax rate of 0.644%, based on a median home value of $249,800 and median real estate taxes of $1,609. That is higher than the Escambia County average of 0.600%.

What is the average home price in Gonzalez?

The median owner-occupied home value in Gonzalez, Florida is $249,800, against $234,200 across Escambia County.

Is it cheaper to rent or buy in Gonzalez?

Median gross rent in Gonzalez is $1,151 a month, against $1,983 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 Gonzalez — 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