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Myrtle Grove

Learn about the people, housing, costs and businesses in Myrtle Grove, Florida

Median Home$204,266
Median Rent$1,375/month
Population16,631
Leading IndustriesHealthcare · Professional Services · Education13% healthcare
Home Value Growth⬆⬆⬆+21.5% over 2 years
Young Adults39% of residentstop 3% nationally
Homeowners56% of occupied units
NotableVeteran Community19% of residents · top 1% nationally
Myrtle Grove
FL

Frequently Asked Questions

What are today's mortgage rates in Myrtle Grove?

As of today, the 30-year fixed mortgage rate for Myrtle Grove is approximately 6.963% (7.005% 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 Myrtle Grove?

The median home value in Myrtle Grove is $204k. The median monthly rent is $1,375. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Myrtle Grove?

Home values in Myrtle Grove have increased 21.5% 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 Myrtle Grove?

Based on a typical all-in ownership cost of $1,274/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Myrtle Grove is $68k/year.

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What industries drive the economy in Myrtle Grove?

The largest employment sectors in Myrtle Grove are public administration (20%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.