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Buying a home in Jupiter, Florida

The typical owner-occupied home in Jupiter is worth about $608,600, 70% above the Florida median of $359,000 and 83% above the national median of $332,700. Owners pay a median $5,160 a year in property taxes, about 0.85% of their home's value, higher than the Florida rate of 0.76%. The median household earns $110,240 a year, so the median home costs 5.5 times the median income (4.8 times for Florida). 79% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.

Jupiter at a glance

Jupiter Florida U.S.
Median home value $608,600 $359,000 $332,700
Median property tax paid per year $5,160 $2,730 $3,119
Property tax as a share of value 0.85% 0.76% 0.94%
Median household income $110,240 $74,568 $80,734
Homes lived in by their owners 79% 68% 65%
Owner homes with a mortgage 56% 56% 61%
Median monthly costs, owners with a mortgage $2,701 $1,959 $1,963
Those costs as a share of the owners' income 23.5% 23.6% 21.0%
Median rent $2,381 $1,669 $1,413
Rent as a share of renters' income 36.3% 35.2% 30.6%
Median year homes were built 1989 1988 1980
Vacant homes 18.0% 14.7% 10.1%
Population 61,883 22,416,077 334,922,499

What a typical home costs per month in Jupiter

At this week's average 30-year rate of 7.11%, buying the median Jupiter home of $608,600 with 20% down costs about $3,960 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,974, 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 $169,712 for the 20%-down payment. That payment is 43% of the median Jupiter household income of $110,240; at that income and 20% down, the 28% guideline points to a home of about $395,000.

The median rent here is $2,381 a month, so owning the median home costs about $1,579 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$121,720
Loan amount$486,880
Principal and interest$3,275
Property taxes (0.85% a year)$431
Homeowners insurance (our estimate, 0.5% a year)$254
PMI$0
Total per month$3,960

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3.5% down, 30-year FHA loan
Down payment$21,301
Loan amount$597,577
Principal and interest$4,020
Property taxes (0.85% a year)$431
Homeowners insurance (our estimate, 0.5% a year)$254
FHA mortgage insurance$269
Total per month$4,974

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Questions about home buying in Jupiter

What is the median home value in Jupiter?

About $608,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Jupiter?

Homeowners pay a median $5,160 a year, which is about 0.85% 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 Jupiter?

For the median home with 20% down at 7.11%, the payment is about $3,960 a month. Keeping that under 28% of gross income takes about $169,712 a year.

More about Jupiter

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