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Buying a home in Beverly Hills, Florida

The typical owner-occupied home in Beverly Hills is worth about $164,500, 54% below the Florida median of $359,000 and 51% below the national median of $332,700. Owners pay a median $748 a year in property taxes, about 0.45% of their home's value, lower than the Florida rate of 0.76%. The median household earns $46,488 a year, so the median home costs 3.5 times the median income (4.8 times for Florida). 69% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.

Beverly Hills at a glance

Beverly Hills Florida U.S.
Median home value $164,500 $359,000 $332,700
Median property tax paid per year $748 $2,730 $3,119
Property tax as a share of value 0.45% 0.76% 0.94%
Median household income $46,488 $74,568 $80,734
Homes lived in by their owners 69% 68% 65%
Owner homes with a mortgage 55% 56% 61%
Median monthly costs, owners with a mortgage $897 $1,959 $1,963
Those costs as a share of the owners' income 24.4% 23.6% 21.0%
Median rent $1,199 $1,669 $1,413
Rent as a share of renters' income 34.8% 35.2% 30.6%
Median year homes were built 1981 1988 1980
Vacant homes 12.0% 14.7% 10.1%
Population 9,650 22,416,077 334,922,499

What a typical home costs per month in Beverly Hills

At this week's average 30-year rate of 7.11%, buying the median Beverly Hills home of $164,500 with 20% down costs about $1,016 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,290, 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 $43,522 for the 20%-down payment. That payment is 26% of the median Beverly Hills household income of $46,488; at that income and 20% down, the 28% guideline points to a home of about $176,000.

The median rent here is $1,199 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$32,900
Loan amount$131,600
Principal and interest$885
Property taxes (0.45% a year)$62
Homeowners insurance (our estimate, 0.5% a year)$69
PMI$0
Total per month$1,016

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3.5% down, 30-year FHA loan
Down payment$5,758
Loan amount$161,520
Principal and interest$1,087
Property taxes (0.45% a year)$62
Homeowners insurance (our estimate, 0.5% a year)$69
FHA mortgage insurance$73
Total per month$1,290

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Questions about home buying in Beverly Hills

What is the median home value in Beverly Hills?

About $164,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Beverly Hills?

Homeowners pay a median $748 a year, which is about 0.45% 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 Beverly Hills?

For the median home with 20% down at 7.11%, the payment is about $1,016 a month. Keeping that under 28% of gross income takes about $43,522 a year.

More about Beverly Hills

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