Total monthly cost of ownership
Cost to Own a Home in Clear Lake CDP (Pierce County), Washington
A $598,000 home here costs
$4,215per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $3,074. The real number is $1,140 higher every month — 37% 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.
Clear Lake CDP (Pierce County) against Pierce County and Washington
| Measure | Clear Lake CDP (Pierce County) | Pierce County |
|---|---|---|
| Median home value | $597,500 | $484,400 |
| Median property tax | $4,206 | $4,555 |
| Effective tax rate | 0.704% | 0.940% |
| Median gross rent | — | $1,722 |
| Population | 1,266 | 924,106 |
The weather behind that power bill
Clear Lake CDP (Pierce County) sits in Pierce County, which averages a high of 76.5°F in its hottest month and a low of 32.9°F in its coldest, with 45.13" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 120 cooling and 5,397 heating degree days, which is what sets the $134 electricity line above.
See the full climate breakdown for Pierce County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pierce County
Full Pierce County cost breakdown · Every county in Washington
Common questions
How much does it cost to own a home in Clear Lake CDP (Pierce County)?
A $598,000 home in Clear Lake CDP (Pierce County), Washington costs approximately $4,215 per month with 20% down at 6.66%. That is $3,074 principal and interest, $351 property tax, $89 homeowners insurance, $202 utilities and $498 set aside for maintenance.
What is the property tax rate in Clear Lake CDP (Pierce County)?
Clear Lake CDP (Pierce County) has an effective property tax rate of 0.704%, based on a median home value of $597,500 and median real estate taxes of $4,206. That is lower than the Pierce County average of 0.940%.
What is the average home price in Clear Lake CDP (Pierce County)?
The median owner-occupied home value in Clear Lake CDP (Pierce County), Washington is $597,500, against $484,400 across Pierce County.
Is it cheaper to rent or buy in Clear Lake CDP (Pierce County)?
Rent data is not published for Clear Lake CDP (Pierce County) at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Clear Lake CDP (Pierce County) — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Washington.
- 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.