Total monthly cost of ownership
Cost to Own a Home in Manatee Road, Florida
A $137,000 home here costs
$1,268per 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 $54,500 a year.
A standard mortgage calculator would have told you $747. The real number is $521 higher every month, 70% more than the payment most buyers budget for.
Compare Levy County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Manatee Road from a five-year rolling sample, and with about 2,252 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 Levy 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.
Manatee Road against Levy County and Florida
| Measure | Manatee Road | Levy County |
|---|---|---|
| Median home value | $136,500 | $171,400 |
| Median property tax | $1,080 | $1,110 |
| Effective tax rate | 0.791% | 0.648% |
| Median gross rent | $1,102 | $826 |
| Population | 2,252 | 44,276 |
The weather behind that power bill
Manatee Road sits in Levy County, which averages a high of 89.4°F in its hottest month and a low of 44.1°F in its coldest, with 57.1" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 2,656 cooling and 1,097 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Levy County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Levy County
Talk to someone who works this market
These are Manatee Road 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 Manatee Road every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Manatee Road I already own here and may sell
Common questions
How much does it cost to own a home in Manatee Road?
A $137,000 home in Manatee Road, Florida costs approximately $1,268 per month with 20% down at 7.24%. That is $747 principal and interest, $90 property tax, $83 homeowners insurance, $233 utilities and $114 set aside for maintenance.
What is the property tax rate in Manatee Road?
Manatee Road has an effective property tax rate of 0.791%, based on a median home value of $136,500 and median real estate taxes of $1,080. That is higher than the Levy County average of 0.648%.
What is the average home price in Manatee Road?
The median owner-occupied home value in Manatee Road, Florida is $136,500, against $171,400 across Levy County.
Is it cheaper to rent or buy in Manatee Road?
Median gross rent in Manatee Road is $1,102 a month, against $1,268 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 Manatee Road?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Manatee Road, Florida at today's rate takes a household income of roughly $54,500 a year. That covers the full $1,268 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Manatee Road, 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.