Total monthly cost of ownership
Cost to Own a Home in Clearfield, Utah
A $342,000 home here costs
$2,440per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,758. The real number is $682 higher every month — 39% 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.
Clearfield against Davis County and Utah
| Measure | Clearfield | Davis County |
|---|---|---|
| Median home value | $342,000 | $470,500 |
| Median property tax | $1,930 | $2,546 |
| Effective tax rate | 0.564% | 0.541% |
| Median gross rent | $1,459 | $1,516 |
| Population | 32,895 | 366,742 |
The weather behind that power bill
Clearfield sits in Davis County, which averages a high of 91.3°F in its hottest month and a low of 21.2°F in its coldest, with 16.36" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,052 cooling and 5,850 heating degree days, which is what sets the $117 electricity line above.
See the full climate breakdown for Davis County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Davis County
Common questions
How much does it cost to own a home in Clearfield?
A $342,000 home in Clearfield, Utah costs approximately $2,440 per month with 20% down at 6.66%. That is $1,758 principal and interest, $161 property tax, $51 homeowners insurance, $185 utilities and $285 set aside for maintenance.
What is the property tax rate in Clearfield?
Clearfield has an effective property tax rate of 0.564%, based on a median home value of $342,000 and median real estate taxes of $1,930. That is higher than the Davis County average of 0.541%.
What is the average home price in Clearfield?
The median owner-occupied home value in Clearfield, Utah is $342,000, against $470,500 across Davis County.
Is it cheaper to rent or buy in Clearfield?
Median gross rent in Clearfield is $1,459 a month, against $2,440 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 Clearfield — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Utah.
- 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.