The avg US homeowner now pays ~$16K/yr in hidden homeownership costs, including maintenance, insurance, and property taxes.
These hidden costs are rising faster than household incomes, 4.7% vs. 3.8% over the past year.
Orlando homeowners pay ~$16.3K/yr in hidden costs, just above the national avg.
Property taxes avg ~$3,500, maintenance ~$9,900/yr, and insurance ~$2,900.
Rising insurance premiums contribute to overall affordability challenges.
Orlando Metro Homeownership: The Hidden Costs
