Total monthly cost of ownership
Cost to Own a Home in Ash Grove, Missouri
A $121,000 home here costs
$1,136per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $48,500 a year.
A standard mortgage calculator would have told you $670. The real number is $466 higher every month, 70% more than the payment most buyers budget for.
Compare Greene County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Ash Grove from a five-year rolling sample, and with about 1,336 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Greene County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Ash Grove against Greene County and Missouri
| Measure | Ash Grove | Greene County |
|---|---|---|
| Median home value | $120,900 | $203,500 |
| Median property tax | $877 | $1,469 |
| Effective tax rate | 0.725% | 0.722% |
| Median gross rent | $661 | $940 |
| Population | 1,336 | 301,121 |
The weather behind that power bill
Ash Grove sits in Greene County, which averages a high of 89.6°F in its hottest month and a low of 24.2°F in its coldest, with 44.71" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,540 cooling and 4,277 heating degree days, which is what sets the $161 electricity line above.
See the full climate breakdown for Greene County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Greene County
Full Greene County cost breakdown · Every county in Missouri
Talk to someone who works this market
These are Ash Grove averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Ash Grove every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Ash Grove I already own here and may sell
Common questions
How much does it cost to own a home in Ash Grove?
A $121,000 home in Ash Grove, Missouri costs approximately $1,136 per month with 20% down at 7.4%. That is $670 principal and interest, $73 property tax, $63 homeowners insurance, $229 utilities and $101 set aside for maintenance.
What is the property tax rate in Ash Grove?
Ash Grove has an effective property tax rate of 0.725%, based on a median home value of $120,900 and median real estate taxes of $877. That is in line with the Greene County average of 0.722%.
What is the average home price in Ash Grove?
The median owner-occupied home value in Ash Grove, Missouri is $120,900, against $203,500 across Greene County.
Is it cheaper to rent or buy in Ash Grove?
Median gross rent in Ash Grove is $661 a month, against $1,136 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Ash Grove?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Ash Grove, Missouri at today's rate takes a household income of roughly $48,500 a year. That covers the full $1,136 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ash Grove, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Missouri.
- 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.