HousingHandbookReference data

U.S. ZIP Code · FL32223

Duval County · Jacksonville, FL

Typical home value

$431,973[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.7%
5-year / yr
+6.0%
10-year / yr
+6.5%

Relative price

vs U.S.
+52.1%
vs metro
+32.0%
vs state
+24.6%
ZIP 32223 location in FL
Location of ZIP 32223 in FL

Price history

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

The typical home in 32223 is worth $431,973 — 32.0% above the Jacksonville, FL median. Over the past year, values have fallen 0.7%. Homes here rent for a typical $1,519 a month — a 4.2% 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
$1,519[2]
Gross yield
4.2%[2]
Cap rate
2.5%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$3,256[3]

#Climate risk

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

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

#Who lives here

Population
26,160[3]
Median household income
$95,347[3]

#Migration

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

Net migration
+2,132[5]
Moved in
31,608
Moved out
29,476

Schools

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

Public schools
2
Elementary
1
Middle
0
High
1
  • LORETTO ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · DUVAL

    1,030 students

  • HORIZON INSTITUTE

    High · Grades 6–12 · DUVAL

    373 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.

Gross yield4.2%
Net yield (after ~40% expenses)2.5%
Annual rent$18,233

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.

Monthly payment$2,184
Loan principal$345,579
Down payment$86,395
Total interest paid$440,767

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.

Own : rent ratio1.85
Monthly cost to own$2,814
Monthly rent$1,519

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
83rd percentile[1]
Rental yield
4th percentile[2]
Property tax
56th percentile[3]

Frequently asked

How much is a home worth in ZIP code 32223?
The typical home in 32223 is worth $431,973, based on the Zillow Home Value Index.
Are home values rising in 32223?
Home values in 32223 are down 0.7% over the past year, and up 6.0% a year over five years.
What is the typical rent in 32223?
A typical home in 32223 rents for about $1,519 a month, a gross rental yield of 4.2%.
What is the property tax rate in 32223?
The effective property tax rate in 32223 is 0.8% — roughly $3,256 a year on a typical home.
Who lives in 32223?
ZIP code 32223 has a population of 26,160 and a median household income of $95,347.

#Comparable ZIPs

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

  • Fleming Island CDP, FL

    Typical home
    $443,534
    Gross yield
    4.7%
  • Jacksonville, FL

    Typical home
    $456,759
    Gross yield
    4.4%
  • FL

    Typical home
    $402,553
    Gross yield
  • World Golf Village CDP, FL

    Typical home
    $468,320
    Gross yield
    6.2%
  • Nassau Village-Ratliff CDP, FL

    Typical home
    $391,684
    Gross yield
  • Yulee CDP, FL

    Typical home
    $387,873
    Gross yield
    6.5%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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