How much do homeowners pay a month in Pace, FL?
Homeowners with a mortgage in Pace, FL pay a median of $1,751 (±$83) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $540 (±$59).
64.6% of owned homes carry a mortgage.
In Pace, the median monthly cost with a mortgage went from $1,374 in 2015–2019 to $1,751 in 2020–2024 (+27.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,751 (±$83)
- Without a mortgage
- $540 (±$59)
- Owned with a mortgage
- 64.6%
Monthly owner costs in Pace
| Pace | Santa Rosa County | Florida | United States | |
|---|---|---|---|---|
| With a mortgage | $1,751 (±$83) | $1,855 (±$42) | $1,959 (±$5) | $1,963 |
| Without a mortgage | $540 (±$59) | $555 (±$25) | $673 (±$3) | $638 |
| Owned homes with a mortgage | 64.6% (±4.9 points) | 63.3% (±1.7 points) | 56.3% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,742 (±$144) | $1,891 (±$63) | $2,730 (±$10) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Pace, the median cost with a mortgage is lower than in Santa Rosa County ($1,855).
It is also lower than in Florida ($1,959).
It is lower than the national figure ($1,963).
In Santa Rosa County, Pace ranks 10 of 16 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 462 of 830.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Pace have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,374 (±$85) | $1,751 (±$83) | +27.4% | No measurable change after inflation |
| Median real estate taxes | $1,287 (±$62) | $1,742 (±$144) | +35.4% | No measurable change after inflation |
| Median home value | $186,000 (±$7,260) | $293,800 (±$16,581) | +58.0% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Pace
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Pace | — | $1,751 (±$83) | — |
| Pea Ridge | 4.1 mi | $1,160 (±$34) | Lower |
| Wallace | 4.3 mi | $2,021 (±$278) | Not measurably different |
| Ferry Pass | 6.7 mi | $1,543 (±$98) | Lower |
| Milton | 6.8 mi | $1,554 (±$113) | Lower |
| Bagdad | 7.5 mi | $1,411 (±$121) | Lower |
| Gonzalez | 7.5 mi | $1,803 (±$76) | Not measurably different |
| Point Baker | 8.3 mi | $1,420 (±$91) | Lower |
| Ensley | 9.0 mi | $1,399 (±$86) | Lower |
Nearby places with a measurably lower figure: Pea Ridge, FL ($1,160), Ferry Pass, FL ($1,543), Milton, FL ($1,554).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Santa Rosa County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 4 | Woodlawn Beach | $2,313 (±$150) |
| 5 | Holley | $2,236 (±$405) |
| 6 | Oriole Beach | $2,117 (±$339) |
| 7 | Midway (community, Santa Rosa County) | $2,115 (±$209) |
| 8 | Navarre | $2,060 (±$120) |
| 9 | Wallace | $2,021 (±$278) |
| 10 | Pace | $1,751 (±$83) |
| 11 | Milton | $1,554 (±$113) |
| 12 | East Milton | $1,434 (±$131) |
| 13 | Point Baker | $1,420 (±$91) |
| 14 | Bagdad | $1,411 (±$121) |
| 15 | Jay | $1,408 (±$106) |
| 16 | Pea Ridge | $1,160 (±$34) |
Showing 13 of 16 places in Santa Rosa County, ranked from highest to lowest.
Pace is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Pace
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Pace beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Pace, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Pace, and send estimates and invoices from your phone.
Questions about Pace
What is the average mortgage payment in Pace?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Pace, FL is $1,751 (±$83) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Pace?
Owners without a mortgage in Pace pay a median of $540 (±$59) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Pace gone up?
In Pace, the median monthly cost with a mortgage went from $1,374 in 2015–2019 to $1,751 in 2020–2024 (+27.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Pace CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Pace CDP, Florida
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Pace CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Pace CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Pace CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Pace CDP, Florida (place:53725, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Pace at a glance
- Median rent in Pace
- Rent by bedrooms in Pace
- Rent burden in Pace
- Renters and owners in Pace
- Income and affordability in Pace
- Home values in Pace
- Property taxes in Pace
- Types of homes in Pace
- Bedrooms in Pace
- Age of homes in Pace
- Heating fuel in Pace
- Commute and cars in Pace
- Population growth in Pace
- How long people stay in Pace
- Crowding and facilities in Pace
- Florida landlord and tenant rules
- Housing across Santa Rosa County
- Housing data for every place in Florida