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Buying a home in Nocatee, Florida

The typical owner-occupied home in Nocatee is worth about $648,800, 81% above the Florida median of $359,000 and 95% above the national median of $332,700. Owners pay a median $6,057 a year in property taxes, about 0.93% of their home's value, higher than the Florida rate of 0.76%. The median household earns $141,868 a year, so the median home costs 4.6 times the median income (4.8 times for Florida). 82% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.

Nocatee at a glance

Nocatee Florida U.S.
Median home value $648,800 $359,000 $332,700
Median property tax paid per year $6,057 $2,730 $3,119
Property tax as a share of value 0.93% 0.76% 0.94%
Median household income $141,868 $74,568 $80,734
Homes lived in by their owners 82% 68% 65%
Owner homes with a mortgage 70% 56% 61%
Median monthly costs, owners with a mortgage $2,824 $1,959 $1,963
Those costs as a share of the owners' income 20.2% 23.6% 21.0%
Median rent $3,501 $1,669 $1,413
Rent as a share of renters' income 34.2% 35.2% 30.6%
Median year homes were built 2015 1988 1980
Vacant homes 3.7% 14.7% 10.1%
Population 27,442 22,416,077 334,922,499

What a typical home costs per month in Nocatee

At this week's average 30-year rate of 7.11%, buying the median Nocatee home of $648,800 with 20% down costs about $4,265 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,346, 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 $182,776 for the 20%-down payment. That payment is 36% of the median Nocatee household income of $141,868; at that income and 20% down, the 28% guideline points to a home of about $504,000.

The median rent here is $3,501 a month, so owning the median home costs about $764 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$129,760
Loan amount$519,040
Principal and interest$3,492
Property taxes (0.93% a year)$503
Homeowners insurance (our estimate, 0.5% a year)$270
PMI$0
Total per month$4,265

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3.5% down, 30-year FHA loan
Down payment$22,708
Loan amount$637,049
Principal and interest$4,285
Property taxes (0.93% a year)$503
Homeowners insurance (our estimate, 0.5% a year)$270
FHA mortgage insurance$287
Total per month$5,346

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Questions about home buying in Nocatee

What is the median home value in Nocatee?

About $648,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Nocatee?

Homeowners pay a median $6,057 a year, which is about 0.93% 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 Nocatee?

For the median home with 20% down at 7.11%, the payment is about $4,265 a month. Keeping that under 28% of gross income takes about $182,776 a year.

More about Nocatee

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