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Buying a home in Bushnell, Florida

The typical owner-occupied home in Bushnell is worth about $67,600, 81% below the Florida median of $359,000 and 80% below the national median of $332,700. The median household earns $52,717 a year, so the median home costs 1.3 times the median income (4.8 times for Florida). 76% of occupied homes here are lived in by their owners, and 34% of those owners still have a mortgage.

Bushnell at a glance

Bushnell Florida U.S.
Median home value $67,600 $359,000 $332,700
Median property tax paid per year – $2,730 $3,119
Median household income $52,717 $74,568 $80,734
Homes lived in by their owners 76% 68% 65%
Owner homes with a mortgage 34% 56% 61%
Median monthly costs, owners with a mortgage $1,153 $1,959 $1,963
Those costs as a share of the owners' income 25.2% 23.6% 21.0%
Median rent $745 $1,669 $1,413
Rent as a share of renters' income 51.0% 35.2% 30.6%
Median year homes were built 1983 1988 1980
Vacant homes 20.7% 14.7% 10.1%
Population 3,187 22,416,077 334,922,499

What a typical home costs per month in Bushnell

At this week's average 30-year rate of 7.11%, buying the median Bushnell home of $67,600 with 20% down costs about $454 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $567, 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 $19,454 for the 20%-down payment. That payment is 10% of the median Bushnell household income of $52,717; at that income and 20% down, the 28% guideline points to a home of about $183,000.

The median rent here is $745 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$13,520
Loan amount$54,080
Principal and interest$364
Property taxes (1.10% a year)$62
Homeowners insurance (our estimate, 0.5% a year)$28
PMI$0
Total per month$454

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3.5% down, 30-year FHA loan
Down payment$2,366
Loan amount$66,376
Principal and interest$447
Property taxes (1.10% a year)$62
Homeowners insurance (our estimate, 0.5% a year)$28
FHA mortgage insurance$30
Total per month$567

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Questions about home buying in Bushnell

What is the median home value in Bushnell?

About $67,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

What income do you need to buy a home in Bushnell?

For the median home with 20% down at 7.11%, the payment is about $454 a month. Keeping that under 28% of gross income takes about $19,454 a year.

More about Bushnell

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