Total monthly cost of ownership
Cost to Own a Home in Borger, Texas
A $90,000 home here costs
$994per 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 $42,500 a year.
A standard mortgage calculator would have told you $491. The real number is $503 higher every month, 102% more than the payment most buyers budget for.
Compare Hutchinson County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Borger against Hutchinson County and Texas
| Measure | Borger | Hutchinson County |
|---|---|---|
| Median home value | $90,000 | $102,200 |
| Median property tax | $1,511 | $1,515 |
| Effective tax rate | 1.679% | 1.482% |
| Median gross rent | $833 | $852 |
| Population | 12,398 | 20,413 |
The weather behind that power bill
Borger sits in Hutchinson County, which averages a high of 95.4°F in its hottest month and a low of 27.5°F in its coldest, with 18.62" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 2,051 cooling and 3,522 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Hutchinson County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hutchinson County
Full Hutchinson County cost breakdown · Every county in Texas
Talk to someone who works this market
These are Borger 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 Borger every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Borger I already own here and may sell
Common questions
How much does it cost to own a home in Borger?
A $90,000 home in Borger, Texas costs approximately $994 per month with 20% down at 7.24%. That is $491 principal and interest, $126 property tax, $60 homeowners insurance, $242 utilities and $75 set aside for maintenance.
What is the property tax rate in Borger?
Borger has an effective property tax rate of 1.679%, based on a median home value of $90,000 and median real estate taxes of $1,511. That is higher than the Hutchinson County average of 1.482%.
What is the average home price in Borger?
The median owner-occupied home value in Borger, Texas is $90,000, against $102,200 across Hutchinson County.
Is it cheaper to rent or buy in Borger?
Median gross rent in Borger is $833 a month, against $994 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 Borger?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Borger, Texas at today's rate takes a household income of roughly $42,500 a year. That covers the full $994 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Borger, 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.