The typical owner-occupied home in Ocklawaha is worth about $189,700, 47% below the Florida median of $359,000 and 43% below the national median of $332,700. Owners pay a median $1,337 a year in property taxes, about 0.70% of their home's value, lower than the Florida rate of 0.76%. The median household earns $37,894 a year, so the median home costs 5.0 times the median income (4.8 times for Florida). 75% of occupied homes here are lived in by their owners, and 17% of those owners still have a mortgage.
Ocklawaha at a glance
| Ocklawaha | Florida | U.S. | |
|---|---|---|---|
| Median home value | $189,700 | $359,000 | $332,700 |
| Median property tax paid per year | $1,337 | $2,730 | $3,119 |
| Property tax as a share of value | 0.70% | 0.76% | 0.94% |
| Median household income | $37,894 | $74,568 | $80,734 |
| Homes lived in by their owners | 75% | 68% | 65% |
| Owner homes with a mortgage | 17% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $912 | $1,959 | $1,963 |
| Those costs as a share of the owners' income | 28.2% | 23.6% | 21.0% |
| Median rent | $1,542 | $1,669 | $1,413 |
| Rent as a share of renters' income | 25.6% | 35.2% | 30.6% |
| Median year homes were built | 1960 | 1988 | 1980 |
| Vacant homes | 15.8% | 14.7% | 10.1% |
| Population | 1,586 | 22,416,077 | 334,922,499 |
What a typical home costs per month in Ocklawaha
At this week's average 30-year rate of 7.11%, buying the median Ocklawaha home of $189,700 with 20% down costs about $1,211 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,527, 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 $51,883 for the 20%-down payment. That payment is 38% of the median Ocklawaha household income of $37,894; at that income and 20% down, the 28% guideline points to a home of about $139,000.
The median rent here is $1,542 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $37,940 |
|---|---|
| Loan amount | $151,760 |
| Principal and interest | $1,021 |
| Property taxes (0.70% a year) | $111 |
| Homeowners insurance (our estimate, 0.5% a year) | $79 |
| PMI | $0 |
| Total per month | $1,211 |
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| Down payment | $6,640 |
|---|---|
| Loan amount | $186,264 |
| Principal and interest | $1,253 |
| Property taxes (0.70% a year) | $111 |
| Homeowners insurance (our estimate, 0.5% a year) | $79 |
| FHA mortgage insurance | $84 |
| Total per month | $1,527 |
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Questions about home buying in Ocklawaha
What is the median home value in Ocklawaha?
About $189,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ocklawaha?
Homeowners pay a median $1,337 a year, which is about 0.70% 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 Ocklawaha?
For the median home with 20% down at 7.11%, the payment is about $1,211 a month. Keeping that under 28% of gross income takes about $51,883 a year.
More about Ocklawaha
- Mortgage Refinance in Ocklawaha
- Debt Relief in Ocklawaha
- Home Equity Loans in Ocklawaha
- 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