The typical owner-occupied home in Scottsmoor is worth about $282,000, 21% below the Florida median of $359,000 and 15% below the national median of $332,700. Owners pay a median $2,228 a year in property taxes, about 0.79% of their home's value, close to the Florida rate of 0.76%. The median household earns $56,779 a year, so the median home costs 5.0 times the median income (4.8 times for Florida). 100% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Scottsmoor at a glance
| Scottsmoor | Florida | U.S. | |
|---|---|---|---|
| Median home value | $282,000 | $359,000 | $332,700 |
| Median property tax paid per year | $2,228 | $2,730 | $3,119 |
| Property tax as a share of value | 0.79% | 0.76% | 0.94% |
| Median household income | $56,779 | $74,568 | $80,734 |
| Homes lived in by their owners | 100% | 68% | 65% |
| Owner homes with a mortgage | 41% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,894 | $1,959 | $1,963 |
| Those costs as a share of the owners' income | 32.4% | 23.6% | 21.0% |
| Median rent | – | $1,669 | $1,413 |
| Median year homes were built | 1980 | 1988 | 1980 |
| Vacant homes | 2.3% | 14.7% | 10.1% |
| Population | 830 | 22,416,077 | 334,922,499 |
What a typical home costs per month in Scottsmoor
At this week's average 30-year rate of 7.11%, buying the median Scottsmoor home of $282,000 with 20% down costs about $1,821 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,291, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $78,033 for the 20%-down payment. That payment is 38% of the median Scottsmoor household income of $56,779; at that income and 20% down, the 28% guideline points to a home of about $205,000.
| Down payment | $56,400 |
|---|---|
| Loan amount | $225,600 |
| Principal and interest | $1,518 |
| Property taxes (0.79% a year) | $186 |
| Homeowners insurance (our estimate, 0.5% a year) | $118 |
| PMI | $0 |
| Total per month | $1,821 |
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| Down payment | $9,870 |
|---|---|
| Loan amount | $276,892 |
| Principal and interest | $1,863 |
| Property taxes (0.79% a year) | $186 |
| Homeowners insurance (our estimate, 0.5% a year) | $118 |
| FHA mortgage insurance | $125 |
| Total per month | $2,291 |
Change the numbers in the calculator
Questions about home buying in Scottsmoor
What is the median home value in Scottsmoor?
About $282,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Scottsmoor?
Homeowners pay a median $2,228 a year, which is about 0.79% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Scottsmoor?
For the median home with 20% down at 7.11%, the payment is about $1,821 a month. Keeping that under 28% of gross income takes about $78,033 a year.
More about Scottsmoor
- Mortgage Refinance in Scottsmoor
- Debt Relief in Scottsmoor
- Home Equity Loans in Scottsmoor
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data