The typical owner-occupied home in Ruskin is worth about $323,000, 10% below the Florida median of $359,000 and 3% below the national median of $332,700. Owners pay a median $3,333 a year in property taxes, about 1.03% of their home's value, higher than the Florida rate of 0.76%. The median household earns $79,235 a year, so the median home costs 4.1 times the median income (4.8 times for Florida). 75% of occupied homes here are lived in by their owners, and 76% of those owners still have a mortgage.
Ruskin at a glance
| Ruskin | Florida | U.S. | |
|---|---|---|---|
| Median home value | $323,000 | $359,000 | $332,700 |
| Median property tax paid per year | $3,333 | $2,730 | $3,119 |
| Property tax as a share of value | 1.03% | 0.76% | 0.94% |
| Median household income | $79,235 | $74,568 | $80,734 |
| Homes lived in by their owners | 75% | 68% | 65% |
| Owner homes with a mortgage | 76% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,787 | $1,959 | $1,963 |
| Those costs as a share of the owners' income | 26.6% | 23.6% | 21.0% |
| Median rent | $1,419 | $1,669 | $1,413 |
| Rent as a share of renters' income | 32.9% | 35.2% | 30.6% |
| Median year homes were built | 2007 | 1988 | 1980 |
| Vacant homes | 11.5% | 14.7% | 10.1% |
| Population | 29,834 | 22,416,077 | 334,922,499 |
What a typical home costs per month in Ruskin
At this week's average 30-year rate of 7.11%, buying the median Ruskin home of $323,000 with 20% down costs about $2,150 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,688, 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 $92,147 for the 20%-down payment. That payment is 33% of the median Ruskin household income of $79,235; at that income and 20% down, the 28% guideline points to a home of about $278,000.
The median rent here is $1,419 a month, so owning the median home costs about $731 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $64,600 |
|---|---|
| Loan amount | $258,400 |
| Principal and interest | $1,738 |
| Property taxes (1.03% a year) | $277 |
| Homeowners insurance (our estimate, 0.5% a year) | $135 |
| PMI | $0 |
| Total per month | $2,150 |
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| Down payment | $11,305 |
|---|---|
| Loan amount | $317,150 |
| Principal and interest | $2,133 |
| Property taxes (1.03% a year) | $277 |
| Homeowners insurance (our estimate, 0.5% a year) | $135 |
| FHA mortgage insurance | $143 |
| Total per month | $2,688 |
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Questions about home buying in Ruskin
What is the median home value in Ruskin?
About $323,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ruskin?
Homeowners pay a median $3,333 a year, which is about 1.03% 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 Ruskin?
For the median home with 20% down at 7.11%, the payment is about $2,150 a month. Keeping that under 28% of gross income takes about $92,147 a year.
More about Ruskin
- Mortgage Refinance in Ruskin
- Debt Relief in Ruskin
- Home Equity Loans in Ruskin
- 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