ZIP Code 00901

In ZIP code 00901, the median home value of $389,800 stands more than fourteen times higher than the median household income of $27,557. Even with an effective property tax rate of just 0.48% at the county level, that gap shapes who can buy here. Per-capita income reaches $39,232, yet the annual property tax bill on a median-valued home still draws on earnings that lag well behind housing costs. Add a combined sales tax of 11.50%, and daily purchases chip away at what's left after housing. Ownership here depends less on the tax rate itself than on the steep climb between local wages and home prices.