Cost to Own
United StatesFloridaJackson CountyMarianna Population 6,815 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Marianna, Florida

A $98,000 home here costs

$890

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

A standard mortgage calculator would have told you $504. The real number is $386 higher every month — 77% more than the payment most buyers budget for.

Marianna median: $98,300
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, $78,400 borrowed $504
Property tax0.496% effective rate for Marianna itself $41
Homeowners insuranceFlorida averages $2,437/yr (NAIC), or 0.725% of home value $59
Electricity15.17¢/kWh — Florida residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $82
Total monthly $890

Marianna against Jackson County and Florida

MeasureMariannaJackson County
Median home value$98,300$113,900
Median property tax$488$625
Effective tax rate0.496%0.549%
Median gross rent$841$846
Population6,81547,652

The weather behind that power bill

Marianna sits in Jackson County, which averages a high of 92.4°F in its hottest month and a low of 40.7°F in its coldest, with 51.11" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,755 cooling and 1,522 heating degree days, which is what sets the $136 electricity line above.

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

Other cities in Jackson County

Full Jackson County cost breakdown · Every county in Florida

Common questions

How much does it cost to own a home in Marianna?

A $98,000 home in Marianna, Florida costs approximately $890 per month with 20% down at 6.66%. That is $504 principal and interest, $41 property tax, $59 homeowners insurance, $204 utilities and $82 set aside for maintenance.

What is the property tax rate in Marianna?

Marianna has an effective property tax rate of 0.496%, based on a median home value of $98,300 and median real estate taxes of $488. That is lower than the Jackson County average of 0.549%.

What is the average home price in Marianna?

The median owner-occupied home value in Marianna, Florida is $98,300, against $113,900 across Jackson County.

Is it cheaper to rent or buy in Marianna?

Median gross rent in Marianna is $841 a month, against $890 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 Marianna — 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