Cost to Own
United StatesFloridaVolusia CountyPierson Population 1,456 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Pierson, Florida

A $243,000 home here costs

$1,915

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

A standard mortgage calculator would have told you $1,249. The real number is $665 higher every month — 53% more than the payment most buyers budget for.

Pierson median: $243,100
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, $194,400 borrowed $1,249
Property tax0.552% effective rate for Pierson itself $112
Homeowners insuranceFlorida averages $2,437/yr (NAIC), or 0.725% of home value $147
Electricity15.17¢/kWh — Florida residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $203
Total monthly $1,915

Pierson against Volusia County and Florida

MeasurePiersonVolusia County
Median home value$243,100$278,000
Median property tax$1,343$2,179
Effective tax rate0.552%0.784%
Median gross rent$1,368
Population1,456568,229

The weather behind that power bill

Pierson sits in Volusia County, which averages a high of 90.2°F in its hottest month and a low of 48.5°F in its coldest, with 51.25" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 3,112 cooling and 708 heating degree days, which is what sets the $136 electricity line above.

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

Other cities in Volusia County

Full Volusia County cost breakdown · Every county in Florida

Common questions

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

A $243,000 home in Pierson, Florida costs approximately $1,915 per month with 20% down at 6.66%. That is $1,249 principal and interest, $112 property tax, $147 homeowners insurance, $204 utilities and $203 set aside for maintenance.

What is the property tax rate in Pierson?

Pierson has an effective property tax rate of 0.552%, based on a median home value of $243,100 and median real estate taxes of $1,343. That is lower than the Volusia County average of 0.784%.

What is the average home price in Pierson?

The median owner-occupied home value in Pierson, Florida is $243,100, against $278,000 across Volusia County.

Is it cheaper to rent or buy in Pierson?

Rent data is not published for Pierson at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Pierson — 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