Total monthly cost of ownership
Cost to Own a Home in Clanton, Alabama
A $158,000 home here costs
$1,324per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $812. The real number is $512 higher every month — 63% 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.
Clanton against Chilton County and Alabama
| Measure | Clanton | Chilton County |
|---|---|---|
| Median home value | $158,200 | $142,300 |
| Median property tax | $646 | $478 |
| Effective tax rate | 0.408% | 0.336% |
| Median gross rent | $948 | $855 |
| Population | 8,862 | 45,500 |
The weather behind that power bill
Clanton sits in Chilton County, which averages a high of 89.8°F in its hottest month and a low of 34.2°F in its coldest, with 56.43" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,855 cooling and 2,570 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Chilton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Chilton County
Full Chilton County cost breakdown · Every county in Alabama
Common questions
How much does it cost to own a home in Clanton?
A $158,000 home in Clanton, Alabama costs approximately $1,324 per month with 20% down at 6.66%. That is $812 principal and interest, $54 property tax, $108 homeowners insurance, $219 utilities and $132 set aside for maintenance.
What is the property tax rate in Clanton?
Clanton has an effective property tax rate of 0.408%, based on a median home value of $158,200 and median real estate taxes of $646. That is higher than the Chilton County average of 0.336%.
What is the average home price in Clanton?
The median owner-occupied home value in Clanton, Alabama is $158,200, against $142,300 across Chilton County.
Is it cheaper to rent or buy in Clanton?
Median gross rent in Clanton is $948 a month, against $1,324 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 Clanton — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Alabama.
- 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.