Income needed to buy a home

Glades County, FL

$85,595

a year in household income to buy the typical Glades County home with 10% down.

The monthly math

Typical home value$261,366
Down payment (10%)$26,137
Loan$235,229
Principal and interest (7.40%)$1,629/mo
Property tax (0.64% a year)$140/mo
Homeowners insurance (estimate)$131/mo
Mortgage insurance$98/mo
Total monthly cost$1,997/mo

Income needed keeps housing at 28% of gross income, the lender rule of thumb.

What locals earn

Far off

The typical household here earns $45,870 a year, 54% of what it takes.

In Florida

Glades County ranks #16 of 67 for the income a home takes, from least to most.

Easiest to afford in Florida

CountyTypical homeIncome needed
Calhoun County$176,870$57,601
Jackson County$184,878$59,549
Holmes County$188,335$60,346
Taylor County$197,629$64,750
Gadsden County$201,459$65,206

Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.