The typical owner-occupied home in Floris is worth about $53,300, 74% below the Iowa median of $208,000 and 84% below the national median of $332,700. Owners pay a median $1,000 a year in property taxes, about 1.88% of their home's value, higher than the Iowa rate of 1.39%. 90% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.
Floris at a glance
| Floris | Iowa | U.S. | |
|---|---|---|---|
| Median home value | $53,300 | $208,000 | $332,700 |
| Median property tax paid per year | $1,000 | $2,897 | $3,119 |
| Property tax as a share of value | 1.88% | 1.39% | 0.94% |
| Median household income | – | $75,059 | $80,734 |
| Homes lived in by their owners | 90% | 72% | 65% |
| Owner homes with a mortgage | 52% | 59% | 61% |
| Median monthly costs, owners with a mortgage | $1,000 | $1,533 | $1,963 |
| Those costs as a share of the owners' income | 9.0% | 18.7% | 21.0% |
| Median rent | – | $972 | $1,413 |
| Median year homes were built | 1943 | 1972 | 1980 |
| Vacant homes | 28.2% | 8.5% | 10.1% |
| Population | 128 | 3,210,507 | 334,922,499 |
What a typical home costs per month in Floris
At this week's average 30-year rate of 7.11%, buying the median Floris home of $53,300 with 20% down costs about $393 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $481, 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 $16,824 for the 20%-down payment.
| Down payment | $10,660 |
|---|---|
| Loan amount | $42,640 |
| Principal and interest | $287 |
| Property taxes (1.88% a year) | $84 |
| Homeowners insurance (our estimate, 0.5% a year) | $22 |
| PMI | $0 |
| Total per month | $393 |
Change the numbers in the calculator
| Down payment | $1,866 |
|---|---|
| Loan amount | $52,335 |
| Principal and interest | $352 |
| Property taxes (1.88% a year) | $84 |
| Homeowners insurance (our estimate, 0.5% a year) | $22 |
| FHA mortgage insurance | $24 |
| Total per month | $481 |
Change the numbers in the calculator
Questions about home buying in Floris
What is the median home value in Floris?
About $53,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Floris?
Homeowners pay a median $1,000 a year, which is about 1.88% 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 Floris?
For the median home with 20% down at 7.11%, the payment is about $393 a month. Keeping that under 28% of gross income takes about $16,824 a year.
More about Floris
- Mortgage Refinance in Floris
- Debt Relief in Floris
- Home Equity Loans in Floris
- 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