Cost to Own
United StatesCaliforniaShasta CountyAnderson Population 11,282 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Anderson, California

A $272,000 home here costs

$2,218

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,398. The real number is $820 higher every month — 59% more than the payment most buyers budget for.

Anderson median: $272,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $217,600 borrowed $1,398
Property tax0.812% effective rate for Anderson itself $184
Homeowners insuranceCalifornia averages $1,403/yr (NAIC), or 0.186% of home value $42
Electricity33.25¢/kWh — California residential average, EIA $299
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $227
Total monthly $2,218

Anderson against Shasta County and California

MeasureAndersonShasta County
Median home value$272,000$347,200
Median property tax$2,209$2,442
Effective tax rate0.812%0.703%
Median gross rent$985$1,267
Population11,282181,554

The weather behind that power bill

Anderson sits in Shasta County, which averages a high of 99.9°F in its hottest month and a low of 37.2°F in its coldest, with 33.52" of precipitation a year and 53% of it in a single three-month stretch. That climate drives 2,032 cooling and 2,576 heating degree days, which is what sets the $299 electricity line above.

See the full climate breakdown for Shasta County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Shasta County

Full Shasta County cost breakdown · Every county in California

Common questions

How much does it cost to own a home in Anderson?

A $272,000 home in Anderson, California costs approximately $2,218 per month with 20% down at 6.66%. That is $1,398 principal and interest, $184 property tax, $42 homeowners insurance, $367 utilities and $227 set aside for maintenance.

What is the property tax rate in Anderson?

Anderson has an effective property tax rate of 0.812%, based on a median home value of $272,000 and median real estate taxes of $2,209. That is higher than the Shasta County average of 0.703%.

What is the average home price in Anderson?

The median owner-occupied home value in Anderson, California is $272,000, against $347,200 across Shasta County.

Is it cheaper to rent or buy in Anderson?

Median gross rent in Anderson is $985 a month, against $2,218 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Anderson — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for California.
  • 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.

Full methodology