Total monthly cost of ownership
Cost to Own a Home in Nassau Village-Ratliff, Florida
A $211,000 home here costs
$1,794per 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 $77,000 a year.
A standard mortgage calculator would have told you $1,150. The real number is $644 higher every month, 56% more than the payment most buyers budget for.
Compare Nassau County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Nassau Village-Ratliff from a five-year rolling sample, and with about 4,749 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 Nassau 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.
Nassau Village-Ratliff against Nassau County and Florida
| Measure | Nassau Village-Ratliff | Nassau County |
|---|---|---|
| Median home value | $211,400 | $351,100 |
| Median property tax | $1,286 | $2,558 |
| Effective tax rate | 0.608% | 0.729% |
| Median gross rent | $1,276 | $1,335 |
| Population | 4,749 | 94,653 |
The weather behind that power bill
Nassau Village-Ratliff sits in Nassau County, which averages a high of 91.9°F in its hottest month and a low of 42.9°F in its coldest, with 53.4" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 2,803 cooling and 1,228 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Nassau County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Nassau County
Talk to someone who works this market
These are Nassau Village-Ratliff 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 Nassau Village-Ratliff every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Nassau Village-Ratliff I already own here and may sell
Common questions
How much does it cost to own a home in Nassau Village-Ratliff?
A $211,000 home in Nassau Village-Ratliff, Florida costs approximately $1,794 per month with 20% down at 7.24%. That is $1,150 principal and interest, $107 property tax, $127 homeowners insurance, $233 utilities and $176 set aside for maintenance.
What is the property tax rate in Nassau Village-Ratliff?
Nassau Village-Ratliff has an effective property tax rate of 0.608%, based on a median home value of $211,400 and median real estate taxes of $1,286. That is lower than the Nassau County average of 0.729%.
What is the average home price in Nassau Village-Ratliff?
The median owner-occupied home value in Nassau Village-Ratliff, Florida is $211,400, against $351,100 across Nassau County.
Is it cheaper to rent or buy in Nassau Village-Ratliff?
Median gross rent in Nassau Village-Ratliff is $1,276 a month, against $1,794 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 Nassau Village-Ratliff?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Nassau Village-Ratliff, Florida at today's rate takes a household income of roughly $77,000 a year. That covers the full $1,794 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Nassau Village-Ratliff, 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.