Total monthly cost of ownership
Cost to Own a Home in Centerfield, Utah
A $297,000 home here costs
$2,205per 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 $94,500 a year.
A standard mortgage calculator would have told you $1,619. The real number is $586 higher every month, 36% more than the payment most buyers budget for.
Compare Sanpete County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Centerfield from a five-year rolling sample, and with about 1,312 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 Sanpete 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.
Centerfield against Sanpete County and Utah
| Measure | Centerfield | Sanpete County |
|---|---|---|
| Median home value | $296,700 | $300,400 |
| Median property tax | $1,472 | $1,536 |
| Effective tax rate | 0.496% | 0.511% |
| Median gross rent | $1,042 | $911 |
| Population | 1,312 | 29,209 |
The weather behind that power bill
Centerfield sits in Sanpete County, which averages a high of 91.2°F in its hottest month and a low of 10.8°F in its coldest, with 11.69" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 441 cooling and 6,993 heating degree days, which is what sets the $103 electricity line above.
See the full climate breakdown for Sanpete County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sanpete County
Talk to someone who works this market
These are Centerfield 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 Centerfield every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Centerfield I already own here and may sell
Common questions
How much does it cost to own a home in Centerfield?
A $297,000 home in Centerfield, Utah costs approximately $2,205 per month with 20% down at 7.24%. That is $1,619 principal and interest, $123 property tax, $45 homeowners insurance, $171 utilities and $248 set aside for maintenance.
What is the property tax rate in Centerfield?
Centerfield has an effective property tax rate of 0.496%, based on a median home value of $296,700 and median real estate taxes of $1,472. That is lower than the Sanpete County average of 0.511%.
What is the average home price in Centerfield?
The median owner-occupied home value in Centerfield, Utah is $296,700, against $300,400 across Sanpete County.
Is it cheaper to rent or buy in Centerfield?
Median gross rent in Centerfield is $1,042 a month, against $2,205 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 Centerfield?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Centerfield, Utah at today's rate takes a household income of roughly $94,500 a year. That covers the full $2,205 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Centerfield, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Utah.
- 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.