Total monthly cost of ownership
Cost to Own a Home in Bay City, Oregon
A $338,000 home here costs
$2,435per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,738. The real number is $697 higher every month — 40% 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.
Bay City against Tillamook County and Oregon
| Measure | Bay City | Tillamook County |
|---|---|---|
| Median home value | $337,500 | $408,600 |
| Median property tax | $1,828 | $2,449 |
| Effective tax rate | 0.542% | 0.599% |
| Median gross rent | $1,146 | $1,169 |
| Population | 2,022 | 27,471 |
The weather behind that power bill
Bay City sits in Tillamook County, which averages a high of 68.9°F in its hottest month and a low of 37.1°F in its coldest, with 84.39" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 11 cooling and 5,354 heating degree days, which is what sets the $146 electricity line above.
See the full climate breakdown for Tillamook County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Tillamook County
Full Tillamook County cost breakdown · Every county in Oregon
Common questions
How much does it cost to own a home in Bay City?
A $338,000 home in Bay City, Oregon costs approximately $2,435 per month with 20% down at 6.66%. That is $1,738 principal and interest, $153 property tax, $49 homeowners insurance, $214 utilities and $282 set aside for maintenance.
What is the property tax rate in Bay City?
Bay City has an effective property tax rate of 0.542%, based on a median home value of $337,500 and median real estate taxes of $1,828. That is lower than the Tillamook County average of 0.599%.
What is the average home price in Bay City?
The median owner-occupied home value in Bay City, Oregon is $337,500, against $408,600 across Tillamook County.
Is it cheaper to rent or buy in Bay City?
Median gross rent in Bay City is $1,146 a month, against $2,435 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 Bay City — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Oregon.
- 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.