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Jacob

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

Median Home$102,244
Median Rent$1,123/month
Population216
Leading IndustriesFinance & Insurance · Information & Media6% finance & insurance
Home Value Growth⬆⬆+14.6% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners78% of occupied units
Jacob City
FL

Frequently Asked Questions

What are today's mortgage rates in Jacob?

As of today, the 30-year fixed mortgage rate for Jacob is approximately 6.919% (6.956% 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 Jacob?

The median home value in Jacob is $102k. The median monthly rent is $1,123. Annual property taxes average $493. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Jacob?

Home values in Jacob have increased 14.6% 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 Jacob?

Based on a typical all-in ownership cost of $774/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Jacob is $47k/year.

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What industries drive the economy in Jacob?

The largest employment sectors in Jacob are public administration (18%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.