Total monthly cost of ownership
Cost to Own a Home in Winter Beach, Florida
A $450,000 home here costs
$3,613per 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 $155,000 a year.
A standard mortgage calculator would have told you $2,453. The real number is $1,160 higher every month, 47% more than the payment most buyers budget for.
Compare Indian River County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Winter Beach from a five-year rolling sample, and with about 4,995 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 Indian River 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.
Winter Beach against Indian River County and Florida
| Measure | Winter Beach | Indian River County |
|---|---|---|
| Median home value | $450,100 | $314,700 |
| Median property tax | $3,352 | $2,288 |
| Effective tax rate | 0.745% | 0.727% |
| Median gross rent | — | $1,284 |
| Population | 4,995 | 163,856 |
The weather behind that power bill
Winter Beach sits in Indian River 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 $165 electricity line above.
See the full climate breakdown for Indian River County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Indian River County
Full Indian River County cost breakdown · Every county in Florida
Talk to someone who works this market
These are Winter Beach 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 Winter Beach every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Winter Beach I already own here and may sell
Common questions
How much does it cost to own a home in Winter Beach?
A $450,000 home in Winter Beach, Florida costs approximately $3,613 per month with 20% down at 7.24%. That is $2,453 principal and interest, $279 property tax, $272 homeowners insurance, $233 utilities and $375 set aside for maintenance.
What is the property tax rate in Winter Beach?
Winter Beach has an effective property tax rate of 0.745%, based on a median home value of $450,100 and median real estate taxes of $3,352. That is higher than the Indian River County average of 0.727%.
What is the average home price in Winter Beach?
The median owner-occupied home value in Winter Beach, Florida is $450,100, against $314,700 across Indian River County.
Is it cheaper to rent or buy in Winter Beach?
Rent data is not published for Winter Beach at this level of detail.
What salary do you need to buy a home in Winter Beach?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Winter Beach, Florida at today's rate takes a household income of roughly $155,000 a year. That covers the full $3,613 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Winter Beach, 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.