The typical owner-occupied home in Dorado Municipio is worth about $169,900, 29% above the Puerto Rico median of $131,500 and 49% below the national median of $332,700. Owners pay a median $1,353 a year in property taxes, about 0.80% of their home's value, higher than the Puerto Rico rate of 0.49%. The median household earns $36,391 a year, so the median home costs 4.7 times the median income (5.0 times for Puerto Rico). 79% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.
Dorado Municipio at a glance
| Dorado Municipio | Puerto Rico | U.S. | |
|---|---|---|---|
| Median home value | $169,900 | $131,500 | $332,700 |
| Median property tax paid per year | $1,353 | $646 | $3,119 |
| Property tax as a share of value | 0.80% | 0.49% | 0.94% |
| Median household income | $36,391 | $26,297 | $80,734 |
| Homes lived in by their owners | 79% | 68% | 65% |
| Owner homes with a mortgage | 42% | 37% | 61% |
| Median monthly costs, owners with a mortgage | $1,374 | $946 | $1,963 |
| Those costs as a share of the owners' income | 23.6% | 24.1% | 21.0% |
| Median rent | $715 | $578 | $1,413 |
| Rent as a share of renters' income | 23.6% | 30.4% | 30.6% |
| Median year homes were built | 1984 | 1979 | 1980 |
| Vacant homes | 22.4% | 21.0% | 10.1% |
| Population | 35,810 | 3,234,309 | 334,922,499 |
What a typical home costs per month in Dorado Municipio
At this week's average 30-year rate of 7.11%, buying the median Dorado Municipio home of $169,900 with 20% down costs about $1,098 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,381, 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 $47,074 for the 20%-down payment. That payment is 36% of the median Dorado Municipio household income of $36,391; at that income and 20% down, the 28% guideline points to a home of about $131,000.
The median rent here is $715 a month, so owning the median home costs about $383 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $33,980 |
|---|---|
| Loan amount | $135,920 |
| Principal and interest | $914 |
| Property taxes (0.80% a year) | $113 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| PMI | $0 |
| Total per month | $1,098 |
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| Down payment | $5,946 |
|---|---|
| Loan amount | $166,823 |
| Principal and interest | $1,122 |
| Property taxes (0.80% a year) | $113 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| FHA mortgage insurance | $75 |
| Total per month | $1,381 |
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Questions about home buying in Dorado Municipio
What is the median home value in Dorado Municipio?
About $169,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Dorado Municipio?
Homeowners pay a median $1,353 a year, which is about 0.80% 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 Dorado Municipio?
For the median home with 20% down at 7.11%, the payment is about $1,098 a month. Keeping that under 28% of gross income takes about $47,074 a year.
More about Dorado Municipio
- Mortgage Refinance in Dorado Municipio
- Debt Relief in Dorado Municipio
- Home Equity Loans in Dorado 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