Total monthly cost of ownership
Cost to Own a Home in Claude, Texas
A $181,000 home here costs
$1,745per 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 $75,000 a year.
A standard mortgage calculator would have told you $987. The real number is $758 higher every month, 77% more than the payment most buyers budget for.
Compare Armstrong County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Claude from a five-year rolling sample, and with about 1,164 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 Armstrong 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.
Claude against Armstrong County and Texas
| Measure | Claude | Armstrong County |
|---|---|---|
| Median home value | $180,800 | $185,700 |
| Median property tax | $2,941 | $2,679 |
| Effective tax rate | 1.627% | 1.443% |
| Median gross rent | $997 | $1,010 |
| Population | 1,164 | 1,883 |
The weather behind that power bill
Claude sits in Armstrong County, which averages a high of 94.6°F in its hottest month and a low of 23.8°F in its coldest, with 22.66" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 1,748 cooling and 3,832 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Armstrong County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Armstrong County
No other places of this size are published in Armstrong County.
Full Armstrong County cost breakdown · Every county in Texas
Talk to someone who works this market
These are Claude 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 Claude every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Claude I already own here and may sell
Common questions
How much does it cost to own a home in Claude?
A $181,000 home in Claude, Texas costs approximately $1,745 per month with 20% down at 7.24%. That is $987 principal and interest, $245 property tax, $120 homeowners insurance, $242 utilities and $151 set aside for maintenance.
What is the property tax rate in Claude?
Claude has an effective property tax rate of 1.627%, based on a median home value of $180,800 and median real estate taxes of $2,941. That is higher than the Armstrong County average of 1.443%.
What is the average home price in Claude?
The median owner-occupied home value in Claude, Texas is $180,800, against $185,700 across Armstrong County.
Is it cheaper to rent or buy in Claude?
Median gross rent in Claude is $997 a month, against $1,745 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 Claude?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Claude, Texas at today's rate takes a household income of roughly $75,000 a year. That covers the full $1,745 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Claude, 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.