Total monthly cost of ownership
Cost to Own a Home in Clarksburg, Tennessee
A $144,000 home here costs
$1,165per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $740. The real number is $425 higher every month — 57% 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.
Clarksburg against Carroll County and Tennessee
| Measure | Clarksburg | Carroll County |
|---|---|---|
| Median home value | $143,800 | $122,100 |
| Median property tax | $557 | $809 |
| Effective tax rate | 0.387% | 0.663% |
| Median gross rent | $769 | $757 |
| Population | 1,011 | 28,461 |
The weather behind that power bill
Clarksburg sits in Carroll County, which averages a high of 89.2°F in its hottest month and a low of 28.2°F in its coldest, with 55.92" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,656 cooling and 3,768 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Carroll County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Carroll County
Full Carroll County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Clarksburg?
A $144,000 home in Clarksburg, Tennessee costs approximately $1,165 per month with 20% down at 6.66%. That is $740 principal and interest, $46 property tax, $61 homeowners insurance, $198 utilities and $120 set aside for maintenance.
What is the property tax rate in Clarksburg?
Clarksburg has an effective property tax rate of 0.387%, based on a median home value of $143,800 and median real estate taxes of $557. That is lower than the Carroll County average of 0.663%.
What is the average home price in Clarksburg?
The median owner-occupied home value in Clarksburg, Tennessee is $143,800, against $122,100 across Carroll County.
Is it cheaper to rent or buy in Clarksburg?
Median gross rent in Clarksburg is $769 a month, against $1,165 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 Clarksburg — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Tennessee.
- 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.