Total monthly cost of ownership
Cost to Own a Home in Carterville, Missouri
A $95,000 home here costs
$878per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $488. The real number is $390 higher every month — 80% 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.
Carterville against Jasper County and Missouri
| Measure | Carterville | Jasper County |
|---|---|---|
| Median home value | $95,400 | $158,500 |
| Median property tax | $845 | $1,171 |
| Effective tax rate | 0.886% | 0.739% |
| Median gross rent | $823 | $904 |
| Population | 1,978 | 123,532 |
The weather behind that power bill
Carterville sits in Jasper County, which averages a high of 89.1°F in its hottest month and a low of 23.2°F in its coldest, with 45.8" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 1,381 cooling and 4,376 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Jasper County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jasper County
Full Jasper County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Carterville?
A $95,000 home in Carterville, Missouri costs approximately $878 per month with 20% down at 6.66%. That is $488 principal and interest, $70 property tax, $49 homeowners insurance, $191 utilities and $79 set aside for maintenance.
What is the property tax rate in Carterville?
Carterville has an effective property tax rate of 0.886%, based on a median home value of $95,400 and median real estate taxes of $845. That is higher than the Jasper County average of 0.739%.
What is the average home price in Carterville?
The median owner-occupied home value in Carterville, Missouri is $95,400, against $158,500 across Jasper County.
Is it cheaper to rent or buy in Carterville?
Median gross rent in Carterville is $823 a month, against $878 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 Carterville — 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.