How much is a home worth in ZIP code 32003?

The typical home in 32003 is worth $443,534, based on the Zillow Home Value Index.

Are home values rising in 32003?

Home values in 32003 are down 1.0% over the past year, and up 6.0% a year over five years.

What is the typical rent in 32003?

A typical home in 32003 rents for about $1,743 a month, a gross rental yield of 4.7%.

What is the property tax rate in 32003?

The effective property tax rate in 32003 is 0.8% — roughly $3,724 a year on a typical home.

ZIP code 32003 has a population of 29,766 and a median household income of $116,611.

HousingHandbookReference data

…

U.S. ZIP Code · FL32003

Clay County · Jacksonville, FL

Typical home value

$443,534^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.0%
5-year / yr: +6.0%
10-year / yr: +5.9%

Relative price

vs U.S.: +56.1%
vs metro: +35.6%
vs state: +27.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 32003 is worth $443,534 — 35.6% above the Jacksonville, FL median. Over the past year, values have fallen 1.0%. Homes here rent for a typical $1,743 a month — a 4.7% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,743^[2]
Gross yield: 4.7%^[2]
Cap rate: 2.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $3,724^[3]

#Climate risk

FEMA National Risk Index ratings for Clay County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Relatively Low
Wildfire: Relatively Low
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Very Low

#Who lives here

Population: 29,766^[3]
Median household income: $116,611^[3]

#Migration

Household moves in and out of Clay County over a year, from IRS tax-return data.

Net migration: +1,368^[5]
Moved in: 9,891
Moved out: 8,523

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 3
Middle: 0
High: 1

FLEMING ISLAND HIGH SCHOOL
High · Grades 9–12 · CLAY
1,862 students
ST JOHNS CLASSICAL ACADEMY
Other · Grades PK–12 · CLAY
858 students
THUNDERBOLT ELEMENTARY SCHOOL
Elementary · Grades PK–6 · CLAY
802 students
ROBERT M. PATERSON ELEMENTARY
Elementary · Grades PK–6 · CLAY
693 students
FLEMING ISLAND ELEMENTARY SCHOOL
Elementary · Grades PK–6 · CLAY
659 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.7%

Net yield (after ~40% expenses)2.8%

Annual rent$20,911

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,243

Loan principal$354,827

Down payment$88,707

Total interest paid$452,562

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.68

Monthly cost to own$2,923

Monthly rent$1,743

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 85th percentile^[1]
Rental yield: 18th percentile^[2]
Property tax: 81st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 32003?: The typical home in 32003 is worth $443,534, based on the Zillow Home Value Index.
Are home values rising in 32003?: Home values in 32003 are down 1.0% over the past year, and up 6.0% a year over five years.
What is the typical rent in 32003?: A typical home in 32003 rents for about $1,743 a month, a gross rental yield of 4.7%.
What is the property tax rate in 32003?: The effective property tax rate in 32003 is 0.8% — roughly $3,724 a year on a typical home.
Who lives in 32003?: ZIP code 32003 has a population of 29,766 and a median household income of $116,611.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

32223 vs 32003 →
Jacksonville, FL
Typical home
$431,973
Gross yield
4.2%
32224 vs 32003 →
Jacksonville, FL
Typical home
$456,759
Gross yield
4.4%
32092
World Golf Village CDP, FL
Typical home
$468,320
Gross yield
6.2%
32009
FL
Typical home
$402,553
Gross yield
—
32233
Jacksonville, FL
Typical home
$486,721
Gross yield
4.4%
32011
Nassau Village-Ratliff CDP, FL
Typical home
$391,684
Gross yield
—

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Pit ZIP 32003 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · FL32003

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