The typical owner-occupied home in Ocoee is worth about $119,800, 58% below the Tennessee median of $286,700 and 64% below the national median of $332,700. Owners pay a median $527 a year in property taxes, about 0.44% of their home's value, lower than the Tennessee rate of 0.50%. The median household earns $181,250 a year, so the median home costs 0.7 times the median income (4.1 times for Tennessee). 94% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.
Ocoee at a glance
| Ocoee | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $119,800 | $286,700 | $332,700 |
| Median property tax paid per year | $527 | $1,442 | $3,119 |
| Property tax as a share of value | 0.44% | 0.50% | 0.94% |
| Median household income | $181,250 | $69,595 | $80,734 |
| Homes lived in by their owners | 94% | 67% | 65% |
| Owner homes with a mortgage | 37% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,566 | $1,963 |
| Median rent | – | $1,189 | $1,413 |
| Median year homes were built | 1951 | 1987 | 1980 |
| Vacant homes | 0.0% | 10.2% | 10.1% |
| Population | 208 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Ocoee
At this week's average 30-year rate of 7.11%, buying the median Ocoee home of $119,800 with 20% down costs about $739 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $938, 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 $31,653 for the 20%-down payment. That payment is 5% of the median Ocoee household income of $181,250; at that income and 20% down, the 28% guideline points to a home of about $686,000.
| Down payment | $23,960 |
|---|---|
| Loan amount | $95,840 |
| Principal and interest | $645 |
| Property taxes (0.44% a year) | $44 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $739 |
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| Down payment | $4,193 |
|---|---|
| Loan amount | $117,630 |
| Principal and interest | $791 |
| Property taxes (0.44% a year) | $44 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $938 |
Change the numbers in the calculator
Questions about home buying in Ocoee
What is the median home value in Ocoee?
About $119,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ocoee?
Homeowners pay a median $527 a year, which is about 0.44% 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 Ocoee?
For the median home with 20% down at 7.11%, the payment is about $739 a month. Keeping that under 28% of gross income takes about $31,653 a year.
More about Ocoee
- Mortgage Refinance in Ocoee
- Debt Relief in Ocoee
- Home Equity Loans in Ocoee
- 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