Is North Port, FL affordable on a $1,500,000 salary?
YES
On $1,500,000/yr, the typical $402,040 home in North Port, FL needs $123,470/yr ($2,881/mo). Your gap: +$1,376,530 — housing would be 2.3% of your gross income.
The math
402,040 price − 10% down (40,204) = 361,836 loan
30-yr fixed at 6.95% on 361,836 = 2,395/mo principal+interest
+ 486/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
2,881/mo PITI ÷ 0.28 = 10,289/mo → 123,470/yr required
against Zillow ZHVI 2026-08 and the 6.95% FRED 30-yr rate (2026-09-17).
What salary WOULD clear North Port, FL?
You need about $123,470/yr for the typical home. On $1,500,000 you already clear it by $1,376,530.