Free · No signup · 2026 data
Home Affordability Calculator Jacksonville, FL — 2026
Median home price in Jacksonville: $315,000. At 6.5% on a 30-year loan with 20% down, the estimated total monthly payment (PITI) is $1,955 — requiring $83,786/year in gross income. Enter your income below for a personalised estimate.
Reviewed for accuracy June 2026 by Gary Sing
Median home price
$315,000
Income needed (annual)
$83,786
Est. monthly PITI
$1,955
Property tax/month
$244
Car loans, student loans, credit cards
Calculate for another city:
How much house can you afford in Jacksonville at your salary?
Maximum home price at each income level: 6.5% rate, 30-year term, 20% down payment, no existing debt. Property tax (0.93%) and insurance (0.45%) included in the 28% front-end DTI budget.
| Annual income | Max home price | Max monthly budget | Affords Jacksonville median? |
|---|---|---|---|
| $50,000 | $187,966 | $1,167/mo | ✗ No |
| $75,000 | $281,949 | $1,750/mo | ✗ No |
| $100,000 | $375,932 | $2,333/mo | ✓ Yes |
| $125,000 | $469,915 | $2,917/mo | ✓ Yes |
| $150,000 | $563,898 | $3,500/mo | ✓ Yes |
| $175,000 | $657,881 | $4,083/mo | ✓ Yes |
| $200,000 | $751,864 | $4,667/mo | ✓ Yes |
Assumes 20% down, 6.5% rate, 30-year term, zero existing monthly debt. Property tax at 0.93% effective rate; insurance estimated at 0.45% annually. PMI required below 20% down — not included here.
Monthly payment breakdown on the median Jacksonville home
$315,000 purchase price with 20% down ($63,000) at 6.5% on a 30-year loan.
Principal & interest (30yr)
$1,593/month on a $252,000 loan at 6.5% over 30 years. Total interest paid over the life of the loan: $321,480.
Property tax (0.93% effective rate)
$244/month ($2,928/year). Jacksonville's 0.93% effective property tax rate is below the Florida average. However, homeowners insurance is the critical wildcard — coastal and flood-adjacent properties can face annual premiums that rival or exceed property taxes. Always get insurance quotes before committing to a purchase.
Homeowners insurance (est.)
$118/month estimated at 0.45% of home value annually. Rates vary significantly by coverage level, age of home, and local risk factors — always get quotes before closing.
Total PITI (monthly)
$1,955/month estimated. Income needed to keep this under 28% of gross monthly income: $83,786/year. Florida has no state income tax — a meaningful take-home pay advantage.
Jacksonville housing market 2026
Jacksonville is Florida's largest city by area and one of its most affordable metros, with no state income tax and prices well below Miami or Tampa. Military presence — Naval Air Station Jacksonville and Mayport Naval Station — provides stable employment and persistent housing demand. The market attracts both retirees and remote workers priced out of South Florida.
Key numbers for Jacksonville buyers
- Median home price: $315,000 (2026 estimate)
- 20% down payment: $63,000
- Loan amount (80% LTV): $252,000
- Monthly P&I at 6.5% / 30yr: $1,593
- Monthly P&I at 6.5% / 15yr: $2,195
- Est. PITI (P&I + tax + insurance): $1,955/month
- Income needed (28% front-end DTI): $83,786/year
- State income tax: None — meaningful take-home pay advantage
Compare home affordability by city
📍 Los Angeles, CA
Median $900,000 · income needed $244,543/yr · 1.09% tax
📍 Chicago, IL
Median $330,000 · income needed $101,614/yr · 2.1% tax
📍 Houston, TX
Median $290,000 · income needed $89,143/yr · 2.09% tax
📍 Phoenix, AZ
Median $400,000 · income needed $102,429/yr · 0.65% tax
📍 Miami, FL
Median $580,000 · income needed $155,143/yr · 0.97% tax
📍 Seattle, WA
Median $740,000 · income needed $195,257/yr · 0.87% tax
📍 Denver, CO
Median $560,000 · income needed $141,171/yr · 0.54% tax
📍 Austin, TX
Median $525,000 · income needed $161,614/yr · 2.1% tax
Related calculators
Home buying guides
All guides →What Credit Score Do You Need to Buy a House in 2026?
You can get an FHA loan with a 580 credit score (3.5% down), but a conventional loan requires 620+. A 760+ score unlocks the lowest mortgage rates and saves tens of thousands over 30 years.
What Is PMI on a Mortgage? (And How to Get Rid of It)
PMI (Private Mortgage Insurance) is required when you put less than 20% down on a conventional loan. It typically costs 0.5–1.5% of the loan amount per year. Here is exactly when you can cancel it.
What Is Escrow on a Mortgage? How It Works and What It Costs
Escrow on a mortgage is a separate account that collects monthly payments for property taxes and homeowner's insurance, then pays those bills on your behalf. Learn what is included, how the payment is calculated, and when an escrow shortage happens.
Home affordability Jacksonville — frequently asked questions
How much house can I afford in Jacksonville?
On a $100,000 annual income with no other debt, 20% down, and a 6.5% 30-year mortgage, you can afford approximately $375,932 in Jacksonville. The median home price in Jacksonville is $315,000, which requires approximately $83,786/year in gross income using the 28% front-end DTI rule (principal, interest, property tax, and insurance all within 28% of gross monthly income).
What income do I need to buy a home in Jacksonville?
To afford Jacksonville's median home price of $315,000 at 6.5% on a 30-year loan with 20% down, you need approximately $83,786/year in gross income. This assumes the full PITI payment of $1,955/month (P&I $1,593 + property tax $244 + insurance $118) stays within 28% of gross monthly income. Existing debts reduce this buying power further.
What is the median home price in Jacksonville in 2026?
The estimated median home price in Jacksonville in 2026 is approximately $315,000. This varies significantly by neighbourhood — enter the specific purchase price you are evaluating in the calculator above for a personalised estimate.
What are property taxes in Jacksonville?
Jacksonville, FL's effective property tax rate is approximately 0.93%. On a $315,000 home, that is roughly $244/month or $2,928/year in property taxes. Jacksonville's 0.93% effective property tax rate is below the Florida average. However, homeowners insurance is the critical wildcard — coastal and flood-adjacent properties can face annual premiums that rival or exceed property taxes. Always get insurance quotes before committing to a purchase.
Is Jacksonville affordable to buy in 2026?
Jacksonville's median home price of $315,000 requires an annual gross income of approximately $83,786 to qualify under the 28% front-end DTI rule at 6.5% with 20% down. The estimated total monthly payment (PITI) is $1,955/month. Jacksonville is Florida's largest city by area and one of its most affordable metros, with no state income tax and prices well below Miami or Tampa.