Cost to Own
United StatesFloridaMarion CountyLiberty Triangle Population 24,178 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Liberty Triangle, Florida

A $248,000 home here costs

$1,988

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

A standard mortgage calculator would have told you $1,275. The real number is $713 higher every month — 56% more than the payment most buyers budget for.

Liberty Triangle median: $247,800
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, $198,400 borrowed $1,275
Property tax0.737% effective rate for Liberty Triangle itself $152
Homeowners insuranceFlorida averages $2,437/yr (NAIC), or 0.725% of home value $150
Electricity15.17¢/kWh — Florida residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $207
Total monthly $1,988

Liberty Triangle against Marion County and Florida

MeasureLiberty TriangleMarion County
Median home value$247,800$220,800
Median property tax$1,826$1,659
Effective tax rate0.737%0.751%
Median gross rent$1,789$1,174
Population24,178387,697

The weather behind that power bill

Liberty Triangle sits in Marion County, which averages a high of 92.0°F in its hottest month and a low of 45.6°F in its coldest, with 51.64" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 3,104 cooling and 791 heating degree days, which is what sets the $136 electricity line above.

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

Other cities in Marion County

Full Marion County cost breakdown · Every county in Florida

Common questions

How much does it cost to own a home in Liberty Triangle?

A $248,000 home in Liberty Triangle, Florida costs approximately $1,988 per month with 20% down at 6.66%. That is $1,275 principal and interest, $152 property tax, $150 homeowners insurance, $204 utilities and $207 set aside for maintenance.

What is the property tax rate in Liberty Triangle?

Liberty Triangle has an effective property tax rate of 0.737%, based on a median home value of $247,800 and median real estate taxes of $1,826. That is lower than the Marion County average of 0.751%.

What is the average home price in Liberty Triangle?

The median owner-occupied home value in Liberty Triangle, Florida is $247,800, against $220,800 across Marion County.

Is it cheaper to rent or buy in Liberty Triangle?

Median gross rent in Liberty Triangle is $1,789 a month, against $1,988 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 Liberty Triangle — 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