Total monthly cost of ownership
Cost to Own a Home in Clifton, Texas
A $148,000 home here costs
$1,475per 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 $63,000 a year.
A standard mortgage calculator would have told you $807. The real number is $668 higher every month, 83% more than the payment most buyers budget for.
Compare Bosque County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Clifton from a five-year rolling sample, and with about 3,489 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 Bosque 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.
Clifton against Bosque County and Texas
| Measure | Clifton | Bosque County |
|---|---|---|
| Median home value | $147,500 | $184,500 |
| Median property tax | $2,450 | $1,859 |
| Effective tax rate | 1.661% | 1.008% |
| Median gross rent | $1,008 | $926 |
| Population | 3,489 | 18,546 |
The weather behind that power bill
Clifton sits in Bosque County, which averages a high of 97.1°F in its hottest month and a low of 35.8°F in its coldest, with 36.4" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,868 cooling and 2,080 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Bosque County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bosque County
Talk to someone who works this market
These are Clifton 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 Clifton every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Clifton?
A $148,000 home in Clifton, Texas costs approximately $1,475 per month with 20% down at 7.24%. That is $807 principal and interest, $205 property tax, $98 homeowners insurance, $242 utilities and $123 set aside for maintenance.
What is the property tax rate in Clifton?
Clifton has an effective property tax rate of 1.661%, based on a median home value of $147,500 and median real estate taxes of $2,450. That is higher than the Bosque County average of 1.008%.
What is the average home price in Clifton?
The median owner-occupied home value in Clifton, Texas is $147,500, against $184,500 across Bosque County.
Is it cheaper to rent or buy in Clifton?
Median gross rent in Clifton is $1,008 a month, against $1,475 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 Clifton?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Clifton, Texas at today's rate takes a household income of roughly $63,000 a year. That covers the full $1,475 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Clifton, 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.