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Micco

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

Median Home$229,005
Median Rent$1,443/month
Population9,094
Leading IndustriesProfessional Services · Education · Wholesale Trade3% professional services
Home Value Growth⬆⬆⬆+35.2% over 2 years
Retirees55% of residentstop 1% nationally
Homeowners92% of occupied units
NotableVeteran Community18% of residents · top 1% nationally
Micco
FL

Frequently Asked Questions

What are today's mortgage rates in Micco?

As of today, the 30-year fixed mortgage rate for Micco is approximately 6.961% (7.002% 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 Micco?

The median home value in Micco is $229k. The median monthly rent is $1,443. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Micco?

Home values in Micco have increased 35.2% 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 Micco?

Based on a typical all-in ownership cost of $856/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Micco is $63k/year.

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What industries drive the economy in Micco?

The largest employment sectors in Micco are public administration (16%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.