Total monthly cost of ownership
Cost to Own a Home in Cactus Flats, Arizona
A $289,000 home here costs
$2,192per 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 $94,000 a year.
A standard mortgage calculator would have told you $1,576. The real number is $617 higher every month, 39% more than the payment most buyers budget for.
Compare Graham County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Cactus Flats from a five-year rolling sample, and with about 1,550 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 Graham 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.
Cactus Flats against Graham County and Arizona
| Measure | Cactus Flats | Graham County |
|---|---|---|
| Median home value | $288,600 | $202,700 |
| Median property tax | $1,024 | $1,094 |
| Effective tax rate | 0.355% | 0.540% |
| Median gross rent | $233 | $890 |
| Population | 1,550 | 38,860 |
The weather behind that power bill
Cactus Flats sits in Graham County, which averages a high of 100.9°F in its hottest month and a low of 33.6°F in its coldest, with 7.98" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 2,715 cooling and 2,175 heating degree days, which is what sets the $162 electricity line above.
See the full climate breakdown for Graham County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Graham County
Talk to someone who works this market
These are Cactus Flats 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 Cactus Flats every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Cactus Flats I already own here and may sell
Common questions
How much does it cost to own a home in Cactus Flats?
A $289,000 home in Cactus Flats, Arizona costs approximately $2,192 per month with 20% down at 7.24%. That is $1,576 principal and interest, $85 property tax, $61 homeowners insurance, $230 utilities and $241 set aside for maintenance.
What is the property tax rate in Cactus Flats?
Cactus Flats has an effective property tax rate of 0.355%, based on a median home value of $288,600 and median real estate taxes of $1,024. That is lower than the Graham County average of 0.540%.
What is the average home price in Cactus Flats?
The median owner-occupied home value in Cactus Flats, Arizona is $288,600, against $202,700 across Graham County.
Is it cheaper to rent or buy in Cactus Flats?
Median gross rent in Cactus Flats is $233 a month, against $2,192 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 Cactus Flats?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Cactus Flats, Arizona at today's rate takes a household income of roughly $94,000 a year. That covers the full $2,192 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cactus Flats, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Arizona.
- 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.