The typical owner-occupied home in Ceiba Municipio is worth about $113,700, 14% below the Puerto Rico median of $131,500 and 66% below the national median of $332,700. Owners pay a median $709 a year in property taxes, about 0.62% of their home's value, higher than the Puerto Rico rate of 0.49%. The median household earns $25,454 a year, so the median home costs 4.5 times the median income (5.0 times for Puerto Rico). 76% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Ceiba Municipio at a glance
| Ceiba Municipio | Puerto Rico | U.S. | |
|---|---|---|---|
| Median home value | $113,700 | $131,500 | $332,700 |
| Median property tax paid per year | $709 | $646 | $3,119 |
| Property tax as a share of value | 0.62% | 0.49% | 0.94% |
| Median household income | $25,454 | $26,297 | $80,734 |
| Homes lived in by their owners | 76% | 68% | 65% |
| Owner homes with a mortgage | 39% | 37% | 61% |
| Median monthly costs, owners with a mortgage | $769 | $946 | $1,963 |
| Those costs as a share of the owners' income | 25.6% | 24.1% | 21.0% |
| Median rent | $538 | $578 | $1,413 |
| Rent as a share of renters' income | 27.6% | 30.4% | 30.6% |
| Median year homes were built | 1988 | 1979 | 1980 |
| Vacant homes | 41.1% | 21.0% | 10.1% |
| Population | 10,995 | 3,234,309 | 334,922,499 |
What a typical home costs per month in Ceiba Municipio
At this week's average 30-year rate of 7.11%, buying the median Ceiba Municipio home of $113,700 with 20% down costs about $718 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $907, 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 $30,772 for the 20%-down payment. That payment is 34% of the median Ceiba Municipio household income of $25,454; at that income and 20% down, the 28% guideline points to a home of about $94,000.
The median rent here is $538 a month, so owning the median home costs about $180 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $22,740 |
|---|---|
| Loan amount | $90,960 |
| Principal and interest | $612 |
| Property taxes (0.62% a year) | $59 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| PMI | $0 |
| Total per month | $718 |
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| Down payment | $3,980 |
|---|---|
| Loan amount | $111,641 |
| Principal and interest | $751 |
| Property taxes (0.62% a year) | $59 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| FHA mortgage insurance | $50 |
| Total per month | $907 |
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Questions about home buying in Ceiba Municipio
What is the median home value in Ceiba Municipio?
About $113,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ceiba Municipio?
Homeowners pay a median $709 a year, which is about 0.62% 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 Ceiba Municipio?
For the median home with 20% down at 7.11%, the payment is about $718 a month. Keeping that under 28% of gross income takes about $30,772 a year.
More about Ceiba Municipio
- Mortgage Refinance in Ceiba Municipio
- Debt Relief in Ceiba Municipio
- Home Equity Loans in Ceiba Municipio
- 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