Total monthly cost of ownership
Cost to Own a Home in Ames Lake, Washington
A $1,070,000 home here costs
$7,587per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $5,501. The real number is $2,086 higher every month — 38% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Ames Lake against King County and Washington
| Measure | Ames Lake | King County |
|---|---|---|
| Median home value | $1,069,900 | $811,200 |
| Median property tax | $10,001 | $6,785 |
| Effective tax rate | 0.935% | 0.836% |
| Median gross rent | — | $2,035 |
| Population | 1,138 | 2,262,713 |
The weather behind that power bill
Ames Lake sits in King County, which averages a high of 76.7°F in its hottest month and a low of 35.3°F in its coldest, with 63.28" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 151 cooling and 4,991 heating degree days, which is what sets the $134 electricity line above.
See the full climate breakdown for King County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in King County
Full King County cost breakdown · Every county in Washington
Common questions
How much does it cost to own a home in Ames Lake?
A $1,070,000 home in Ames Lake, Washington costs approximately $7,587 per month with 20% down at 6.66%. That is $5,501 principal and interest, $834 property tax, $159 homeowners insurance, $202 utilities and $892 set aside for maintenance.
What is the property tax rate in Ames Lake?
Ames Lake has an effective property tax rate of 0.935%, based on a median home value of $1,069,900 and median real estate taxes of $10,001. That is higher than the King County average of 0.836%.
What is the average home price in Ames Lake?
The median owner-occupied home value in Ames Lake, Washington is $1,069,900, against $811,200 across King County.
Is it cheaper to rent or buy in Ames Lake?
Rent data is not published for Ames Lake at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ames Lake — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Washington.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.