Total monthly cost of ownership
Cost to Own a Home in Taylor Creek, Florida
A $108,000 home here costs
$995per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $555. The real number is $439 higher every month — 79% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Taylor Creek against Okeechobee County and Florida
| Measure | Taylor Creek | Okeechobee County |
|---|---|---|
| Median home value | $108,200 | $179,000 |
| Median property tax | $960 | $1,349 |
| Effective tax rate | 0.887% | 0.754% |
| Median gross rent | $985 | $974 |
| Population | 4,493 | 40,249 |
The weather behind that power bill
Taylor Creek sits in Okeechobee County, which averages a high of 90.3°F in its hottest month and a low of 51.2°F in its coldest, with 51.17" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 3,391 cooling and 418 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Okeechobee County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Okeechobee County
Full Okeechobee County cost breakdown · Every county in Florida
Common questions
How much does it cost to own a home in Taylor Creek?
A $108,000 home in Taylor Creek, Florida costs approximately $995 per month with 20% down at 6.66%. That is $555 principal and interest, $80 property tax, $65 homeowners insurance, $204 utilities and $90 set aside for maintenance.
What is the property tax rate in Taylor Creek?
Taylor Creek has an effective property tax rate of 0.887%, based on a median home value of $108,200 and median real estate taxes of $960. That is higher than the Okeechobee County average of 0.754%.
What is the average home price in Taylor Creek?
The median owner-occupied home value in Taylor Creek, Florida is $108,200, against $179,000 across Okeechobee County.
Is it cheaper to rent or buy in Taylor Creek?
Median gross rent in Taylor Creek is $985 a month, against $995 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 Taylor Creek — 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.