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What a lender measures against your monthly income is what you would pay each month, not the price of the house: the new house payment with its taxes and insurance, plus any car loan, card or other debt.
Fannie Mae's rules for the home loans it buys cap that at 36 percent of monthly income on a loan a lender approves by hand, 45 percent with the credit score and savings left after closing that it asks for, and 50 percent through its automated approval system. The mortgage rate, the down payment, the taxes and the insurance turn a price into a monthly payment, and a lender works that out for a particular house. For prices: in the three months to June 2026 the typical home sold for under $300,000 in 21 of Florida's 67 counties, almost all of them in the rural north, the Panhandle and the inland middle of the state. It sold for $400,000 or less in 49 counties, which takes in Jacksonville, Lakeland, Fort Myers and Cape Coral, the Space Coast, Daytona, Pensacola, Tallahassee and Gainesville. Only three counties were over $600,000: Collier, Walton and Monroe. A condo changes the arithmetic in the big metros: in Broward, Palm Beach, Pinellas, Orange and Hillsborough the typical condo sold for well under the typical house. Insurance can decide whether a particular house works, so price a policy on the actual address before you make an offer.
Florida's median household income is $74,568 a year, by the Census Bureau's American Community Survey, published January 2026: half of Florida households earn more than that and half earn less.
Read the answer →$100,000 a year is $8,333 a month. What a lender measures against your monthly income is what you would pay each month, not the price of the house: the new house payment with its taxes and insurance, plus any car loan, card or other debt.
Read the answer →The ten lowest, by typical sale price in Redfin's latest figures, the three months to June 2026 for most counties, are Madison, Hamilton, Holmes, Jackson, Calhoun, Washington, Glades, Okeechobee, Taylor and Dixie.
Read the answer →Hurricane wind is the main cost in a Florida home policy, and the price is set by the address, the age and shape of the roof and how the house is built, so it can differ a great deal between two homes on the same street.
Read the answer →Population 1,023,153. Typical home sale price $327,072 in the three months ending June 2026; typical condo $180,000 in May 2026. Median household income $71,277; 15.3% of residents are 65 or older. (Source: Redfin; U.S. Census Bureau, American Community Survey, published January 2026)
Open the county guide →Population 790,694. Typical home sale price $313,825 in the three months ending June 2026; typical condo $140,000 in May 2026. Median household income $65,978; 19.5% of residents are 65 or older. (Source: Redfin; U.S. Census Bureau, American Community Survey, published January 2026)
Open the county guide →Population 817,666. Typical home sale price $360,982 in the three months ending June 2026; typical condo $289,450 in May 2026. Median household income $76,107; 28.9% of residents are 65 or older. (Source: Redfin; U.S. Census Bureau, American Community Survey, published January 2026)
Open the county guide →Florida's median household income is $74,568 a year, by the Census Bureau's American Community Survey, published January 2026: half of Florida households earn more than that and half earn less.
$100,000 a year is $8,333 a month. What a lender measures against your monthly income is what you would pay each month, not the price of the house: the new house payment with its taxes and insurance, plus any car loan, card or other debt.
The lowest-priced part of Florida's coast is the Gulf shore of the Big Bend and the Nature Coast.
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