Total monthly cost of ownership
Cost to Own a Home in Bethany, Missouri
A $120,000 home here costs
$1,144per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $49,000 a year.
A standard mortgage calculator would have told you $654. The real number is $489 higher every month, 75% more than the payment most buyers budget for.
Compare Harrison County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Bethany from a five-year rolling sample, and with about 3,164 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 Harrison 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.
Bethany against Harrison County and Missouri
| Measure | Bethany | Harrison County |
|---|---|---|
| Median home value | $119,700 | $107,400 |
| Median property tax | $1,179 | $885 |
| Effective tax rate | 0.985% | 0.824% |
| Median gross rent | $634 | $666 |
| Population | 3,164 | 8,198 |
The weather behind that power bill
Bethany sits in Harrison County, which averages a high of 86.6°F in its hottest month and a low of 15.6°F in its coldest, with 39.13" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 1,086 cooling and 5,848 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Harrison County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Harrison County
No other places of this size are published in Harrison County.
Full Harrison County cost breakdown · Every county in Missouri
Talk to someone who works this market
These are Bethany 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 Bethany every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Bethany I already own here and may sell
Common questions
How much does it cost to own a home in Bethany?
A $120,000 home in Bethany, Missouri costs approximately $1,144 per month with 20% down at 7.24%. That is $654 principal and interest, $99 property tax, $63 homeowners insurance, $228 utilities and $100 set aside for maintenance.
What is the property tax rate in Bethany?
Bethany has an effective property tax rate of 0.985%, based on a median home value of $119,700 and median real estate taxes of $1,179. That is higher than the Harrison County average of 0.824%.
What is the average home price in Bethany?
The median owner-occupied home value in Bethany, Missouri is $119,700, against $107,400 across Harrison County.
Is it cheaper to rent or buy in Bethany?
Median gross rent in Bethany is $634 a month, against $1,144 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 Bethany?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Bethany, Missouri at today's rate takes a household income of roughly $49,000 a year. That covers the full $1,144 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bethany, 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.