Total monthly cost of ownership
Cost to Own a Home in Jasper, Florida
A $100,000 home here costs
$991per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $42,500 a year.
A standard mortgage calculator would have told you $545. The real number is $446 higher every month, 82% more than the payment most buyers budget for.
Compare Hamilton County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Jasper from a five-year rolling sample, and with about 4,485 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Hamilton County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Jasper against Hamilton County and Florida
| Measure | Jasper | Hamilton County |
|---|---|---|
| Median home value | $100,100 | $110,400 |
| Median property tax | $828 | $806 |
| Effective tax rate | 0.827% | 0.730% |
| Median gross rent | $744 | $819 |
| Population | 4,485 | 13,445 |
The weather behind that power bill
Jasper sits in Hamilton County, which averages a high of 90.2°F in its hottest month and a low of 38.4°F in its coldest, with 52.64" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 2,216 cooling and 1,722 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Hamilton County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hamilton County
No other places of this size are published in Hamilton County.
Full Hamilton County cost breakdown · Every county in Florida
Talk to someone who works this market
These are Jasper averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Jasper every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Jasper I already own here and may sell
Common questions
How much does it cost to own a home in Jasper?
A $100,000 home in Jasper, Florida costs approximately $991 per month with 20% down at 7.24%. That is $545 principal and interest, $69 property tax, $60 homeowners insurance, $233 utilities and $83 set aside for maintenance.
What is the property tax rate in Jasper?
Jasper has an effective property tax rate of 0.827%, based on a median home value of $100,100 and median real estate taxes of $828. That is higher than the Hamilton County average of 0.730%.
What is the average home price in Jasper?
The median owner-occupied home value in Jasper, Florida is $100,100, against $110,400 across Hamilton County.
Is it cheaper to rent or buy in Jasper?
Median gross rent in Jasper is $744 a month, against $991 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Jasper?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Jasper, Florida at today's rate takes a household income of roughly $42,500 a year. That covers the full $991 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Jasper, 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.