Cost to Own
United StatesIowaPage CountyClarinda Population 5,366 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Clarinda, Iowa

A $112,000 home here costs

$1,059

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $576. The real number is $483 higher every month — 84% more than the payment most buyers budget for.

Clarinda median: $112,200
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $89,600 borrowed $576
Property tax1.564% effective rate for Clarinda itself $146
Homeowners insuranceIowa averages $1,043/yr (NAIC), or 0.522% of home value $49
Electricity14.14¢/kWh — Iowa residential average, EIA $127
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $93
Total monthly $1,059

Clarinda against Page County and Iowa

MeasureClarindaPage County
Median home value$112,200$120,000
Median property tax$1,755$1,721
Effective tax rate1.564%1.434%
Median gross rent$653$731
Population5,36615,168

The weather behind that power bill

Clarinda sits in Page County, which averages a high of 85.8°F in its hottest month and a low of 11.9°F in its coldest, with 36.65" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 965 cooling and 6,292 heating degree days, which is what sets the $127 electricity line above.

See the full climate breakdown for Page County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Page County

Full Page County cost breakdown · Every county in Iowa

Common questions

How much does it cost to own a home in Clarinda?

A $112,000 home in Clarinda, Iowa costs approximately $1,059 per month with 20% down at 6.66%. That is $576 principal and interest, $146 property tax, $49 homeowners insurance, $195 utilities and $93 set aside for maintenance.

What is the property tax rate in Clarinda?

Clarinda has an effective property tax rate of 1.564%, based on a median home value of $112,200 and median real estate taxes of $1,755. That is higher than the Page County average of 1.434%.

What is the average home price in Clarinda?

The median owner-occupied home value in Clarinda, Iowa is $112,200, against $120,000 across Page County.

Is it cheaper to rent or buy in Clarinda?

Median gross rent in Clarinda is $653 a month, against $1,059 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 Clarinda — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Iowa.
  • 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.

Full methodology