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Marco Shores-Hammock Bay

Learn about the people, housing, costs and businesses in Marco Shores-Hammock Bay, Florida

Median Home$682,400
Median Rent$1,922/month
Population838
Leading IndustriesHealthcare · Education · Arts, Food & Hospitality28% healthcare
Home Value Growth⬆⬆⬆+51.6% over 2 years
Retirees71% of residentstop 1% nationally
Homeowners89% of occupied units
NotableTransit97/100 · excellent transit access
NotableVeteran Community11% of residents · top 9% nationally
Marco Shores-Hammock Bay
FL

Explore Marco Shores-Hammock Bay

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Marco Shores-Hammock Bay?

As of today, the 30-year fixed mortgage rate for Marco Shores-Hammock Bay is approximately 6.861% (6.896% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Marco Shores-Hammock Bay
What is the median home price in Marco Shores-Hammock Bay?

The median home value in Marco Shores-Hammock Bay is $682k. The median monthly rent is $1,922. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marco Shores-Hammock Bay?

Home values in Marco Shores-Hammock Bay have increased 51.6% 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 Marco Shores-Hammock Bay?

Based on a typical all-in ownership cost of $1,721/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marco Shores-Hammock Bay is $113k/year.

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What industries drive the economy in Marco Shores-Hammock Bay?

The largest employment sectors in Marco Shores-Hammock Bay are healthcare (28%) and arts, food, and hospitality (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.