Total monthly cost of ownership
Cost to Own a Home in Childress, Texas
A $84,000 home here costs
$894per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $432. The real number is $462 higher every month — 107% 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.
Childress against Childress County and Texas
| Measure | Childress | Childress County |
|---|---|---|
| Median home value | $84,200 | $115,100 |
| Median property tax | $1,457 | $1,694 |
| Effective tax rate | 1.730% | 1.472% |
| Median gross rent | $934 | $934 |
| Population | 5,964 | 6,772 |
The weather behind that power bill
Childress sits in Childress County, which averages a high of 95.9°F in its hottest month and a low of 29.0°F in its coldest, with 23.67" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 2,265 cooling and 3,072 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Childress County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Childress County
No other places of this size are published in Childress County.
Full Childress County cost breakdown · Every county in Texas
Common questions
How much does it cost to own a home in Childress?
A $84,000 home in Childress, Texas costs approximately $894 per month with 20% down at 6.66%. That is $432 principal and interest, $121 property tax, $56 homeowners insurance, $216 utilities and $70 set aside for maintenance.
What is the property tax rate in Childress?
Childress has an effective property tax rate of 1.730%, based on a median home value of $84,200 and median real estate taxes of $1,457. That is higher than the Childress County average of 1.472%.
What is the average home price in Childress?
The median owner-occupied home value in Childress, Texas is $84,200, against $115,100 across Childress County.
Is it cheaper to rent or buy in Childress?
Median gross rent in Childress is $934 a month, against $894 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Childress — 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.