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Florida

Learn about the people, housing, costs and businesses in Florida, Missouri

Median Home$160,100
Median Rent$674/month
Population5
Leading IndustriesTransportation · Wholesale Trade · Construction5% transportation
Home Value Growth⬆⬆⬆+21.4% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners50% of occupied units
NotableTransit83/100 · excellent transit access
NotableAffordable Market$160k median home · lower cost than 70% of the country
Florida
MO

Frequently Asked Questions

What are today's mortgage rates in Florida?

As of today, the 30-year fixed mortgage rate for Florida is approximately 7.046% (7.087% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Florida?

The median home value in Florida is $160k. The median monthly rent is $674. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Florida?

Home values in Florida have increased 21.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Florida?

Based on a typical all-in ownership cost of $623/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Florida is $56k/year.

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What industries drive the economy in Florida?

The largest employment sectors in Florida are public administration (22%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.