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Buying a home in Marianna, Florida

The typical owner-occupied home in Marianna is worth about $98,700, 73% below the Florida median of $359,000 and 70% below the national median of $332,700. Owners pay a median $475 a year in property taxes, about 0.48% of their home's value, lower than the Florida rate of 0.76%. The median household earns $40,414 a year, so the median home costs 2.4 times the median income (4.8 times for Florida). 56% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.

Marianna at a glance

Marianna Florida U.S.
Median home value $98,700 $359,000 $332,700
Median property tax paid per year $475 $2,730 $3,119
Property tax as a share of value 0.48% 0.76% 0.94%
Median household income $40,414 $74,568 $80,734
Homes lived in by their owners 56% 68% 65%
Owner homes with a mortgage 62% 56% 61%
Median monthly costs, owners with a mortgage $877 $1,959 $1,963
Those costs as a share of the owners' income 23.4% 23.6% 21.0%
Median rent $861 $1,669 $1,413
Rent as a share of renters' income 29.8% 35.2% 30.6%
Median year homes were built 1972 1988 1980
Vacant homes 12.8% 14.7% 10.1%
Population 7,150 22,416,077 334,922,499

What a typical home costs per month in Marianna

At this week's average 30-year rate of 7.11%, buying the median Marianna home of $98,700 with 20% down costs about $612 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $776, 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 $26,219 for the 20%-down payment. That payment is 18% of the median Marianna household income of $40,414; at that income and 20% down, the 28% guideline points to a home of about $152,000.

The median rent here is $861 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$19,740
Loan amount$78,960
Principal and interest$531
Property taxes (0.48% a year)$39
Homeowners insurance (our estimate, 0.5% a year)$41
PMI$0
Total per month$612

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3.5% down, 30-year FHA loan
Down payment$3,454
Loan amount$96,912
Principal and interest$652
Property taxes (0.48% a year)$39
Homeowners insurance (our estimate, 0.5% a year)$41
FHA mortgage insurance$44
Total per month$776

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Questions about home buying in Marianna

What is the median home value in Marianna?

About $98,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Marianna?

Homeowners pay a median $475 a year, which is about 0.48% 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 Marianna?

For the median home with 20% down at 7.11%, the payment is about $612 a month. Keeping that under 28% of gross income takes about $26,219 a year.

More about Marianna

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