The typical owner-occupied home in Toa Alta Municipio is worth about $163,900, 25% above the Puerto Rico median of $131,500 and 51% below the national median of $332,700. Owners pay a median $505 a year in property taxes, about 0.31% of their home's value, lower than the Puerto Rico rate of 0.49%. The median household earns $35,241 a year, so the median home costs 4.7 times the median income (5.0 times for Puerto Rico). 81% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.
Toa Alta Municipio at a glance
| Toa Alta Municipio | Puerto Rico | U.S. | |
|---|---|---|---|
| Median home value | $163,900 | $131,500 | $332,700 |
| Median property tax paid per year | $505 | $646 | $3,119 |
| Property tax as a share of value | 0.31% | 0.49% | 0.94% |
| Median household income | $35,241 | $26,297 | $80,734 |
| Homes lived in by their owners | 81% | 68% | 65% |
| Owner homes with a mortgage | 51% | 37% | 61% |
| Median monthly costs, owners with a mortgage | $1,168 | $946 | $1,963 |
| Those costs as a share of the owners' income | 25.8% | 24.1% | 21.0% |
| Median rent | $690 | $578 | $1,413 |
| Rent as a share of renters' income | 36.5% | 30.4% | 30.6% |
| Median year homes were built | 1991 | 1979 | 1980 |
| Vacant homes | 13.5% | 21.0% | 10.1% |
| Population | 66,320 | 3,234,309 | 334,922,499 |
What a typical home costs per month in Toa Alta Municipio
At this week's average 30-year rate of 7.11%, buying the median Toa Alta Municipio home of $163,900 with 20% down costs about $993 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,266, 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 $42,543 for the 20%-down payment. That payment is 34% of the median Toa Alta Municipio household income of $35,241; at that income and 20% down, the 28% guideline points to a home of about $136,000.
The median rent here is $690 a month, so owning the median home costs about $303 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $32,780 |
|---|---|
| Loan amount | $131,120 |
| Principal and interest | $882 |
| Property taxes (0.31% a year) | $42 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| PMI | $0 |
| Total per month | $993 |
Change the numbers in the calculator
| Down payment | $5,736 |
|---|---|
| Loan amount | $160,931 |
| Principal and interest | $1,083 |
| Property taxes (0.31% a year) | $42 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| FHA mortgage insurance | $72 |
| Total per month | $1,266 |
Change the numbers in the calculator
Questions about home buying in Toa Alta Municipio
What is the median home value in Toa Alta Municipio?
About $163,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Toa Alta Municipio?
Homeowners pay a median $505 a year, which is about 0.31% 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 Toa Alta Municipio?
For the median home with 20% down at 7.11%, the payment is about $993 a month. Keeping that under 28% of gross income takes about $42,543 a year.
More about Toa Alta Municipio
- Mortgage Refinance in Toa Alta Municipio
- Debt Relief in Toa Alta Municipio
- Home Equity Loans in Toa Alta 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