Total monthly cost of ownership
Cost to Own a Home in Perry, Florida
A $123,000 home here costs
$1,143per 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 $49,000 a year.
A standard mortgage calculator would have told you $671. The real number is $473 higher every month, 70% more than the payment most buyers budget for.
Compare Taylor County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Perry against Taylor County and Florida
| Measure | Perry | Taylor County |
|---|---|---|
| Median home value | $122,900 | $100,200 |
| Median property tax | $746 | $724 |
| Effective tax rate | 0.607% | 0.723% |
| Median gross rent | $949 | $878 |
| Population | 6,965 | 21,422 |
The weather behind that power bill
Perry sits in Taylor County, which averages a high of 92.0°F in its hottest month and a low of 41.1°F in its coldest, with 51.36" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 2,733 cooling and 1,292 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Taylor County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Taylor County
No other places of this size are published in Taylor County.
Talk to someone who works this market
These are Perry 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 Perry every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Perry?
A $123,000 home in Perry, Florida costs approximately $1,143 per month with 20% down at 7.24%. That is $671 principal and interest, $62 property tax, $74 homeowners insurance, $233 utilities and $103 set aside for maintenance.
What is the property tax rate in Perry?
Perry has an effective property tax rate of 0.607%, based on a median home value of $122,900 and median real estate taxes of $746. That is lower than the Taylor County average of 0.723%.
What is the average home price in Perry?
The median owner-occupied home value in Perry, Florida is $122,900, against $100,200 across Taylor County.
Is it cheaper to rent or buy in Perry?
Median gross rent in Perry is $949 a month, against $1,143 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 Perry?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Perry, Florida at today's rate takes a household income of roughly $49,000 a year. That covers the full $1,143 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Perry, 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.