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Molino

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

Median Home$236,205
Median Rent$1,181/month
Population1,305
Leading IndustriesPublic Administration · Professional Services · Finance & Insurance32% public administration
Home Value Growth+1.0% over 2 years
Retirees23% of residentsslightly above average
Homeowners87% of occupied units
Molino
FL

Frequently Asked Questions

What are today's mortgage rates in Molino?

As of today, the 30-year fixed mortgage rate for Molino is approximately 6.956% (6.994% 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 Molino?

The median home value in Molino is $236k. The median monthly rent is $1,181. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Molino?

Home values in Molino have increased 1.0% over the past two years. The market has been relatively stable. 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 Molino?

Based on a typical all-in ownership cost of $951/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Molino is $68k/year.

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What industries drive the economy in Molino?

The largest employment sectors in Molino are public administration (32%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.