Total monthly cost of ownership
Cost to Own a Home in Haverhill, Florida
A $354,000 home here costs
$2,806per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,820. The real number is $986 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.
Haverhill against Palm Beach County and Florida
| Measure | Haverhill | Palm Beach County |
|---|---|---|
| Median home value | $354,300 | $407,300 |
| Median property tax | $3,273 | $3,600 |
| Effective tax rate | 0.924% | 0.884% |
| Median gross rent | $1,767 | $1,818 |
| Population | 2,687 | 1,507,453 |
The weather behind that power bill
Haverhill sits in Palm Beach County, which averages a high of 90.0°F in its hottest month and a low of 57.9°F in its coldest, with 61.75" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 4,166 cooling and 202 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Palm Beach County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Palm Beach County
Full Palm Beach County cost breakdown · Every county in Florida
Common questions
How much does it cost to own a home in Haverhill?
A $354,000 home in Haverhill, Florida costs approximately $2,806 per month with 20% down at 6.66%. That is $1,820 principal and interest, $273 property tax, $214 homeowners insurance, $204 utilities and $295 set aside for maintenance.
What is the property tax rate in Haverhill?
Haverhill has an effective property tax rate of 0.924%, based on a median home value of $354,300 and median real estate taxes of $3,273. That is higher than the Palm Beach County average of 0.884%.
What is the average home price in Haverhill?
The median owner-occupied home value in Haverhill, Florida is $354,300, against $407,300 across Palm Beach County.
Is it cheaper to rent or buy in Haverhill?
Median gross rent in Haverhill is $1,767 a month, against $2,806 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 Haverhill — 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.