Total monthly cost of ownership
Cost to Own a Home in Bloomington, Texas
A $129,000 home here costs
$1,183per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $663. The real number is $520 higher every month — 78% 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.
Bloomington against Victoria County and Texas
| Measure | Bloomington | Victoria County |
|---|---|---|
| Median home value | $128,600 | $197,600 |
| Median property tax | $1,333 | $2,941 |
| Effective tax rate | 1.037% | 1.488% |
| Median gross rent | $761 | $1,151 |
| Population | 1,409 | 91,281 |
The weather behind that power bill
Bloomington sits in Victoria County, which averages a high of 95.5°F in its hottest month and a low of 43.6°F in its coldest, with 40.41" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 3,286 cooling and 1,168 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Victoria County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Victoria County
Common questions
How much does it cost to own a home in Bloomington?
A $129,000 home in Bloomington, Texas costs approximately $1,183 per month with 20% down at 6.66%. That is $663 principal and interest, $111 property tax, $85 homeowners insurance, $216 utilities and $108 set aside for maintenance.
What is the property tax rate in Bloomington?
Bloomington has an effective property tax rate of 1.037%, based on a median home value of $128,600 and median real estate taxes of $1,333. That is lower than the Victoria County average of 1.488%.
What is the average home price in Bloomington?
The median owner-occupied home value in Bloomington, Texas is $128,600, against $197,600 across Victoria County.
Is it cheaper to rent or buy in Bloomington?
Median gross rent in Bloomington is $761 a month, against $1,183 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 Bloomington — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Texas.
- 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.