Total monthly cost of ownership
Cost to Own a Home in Clinton, Missouri
A $148,000 home here costs
$1,261per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $761. The real number is $500 higher every month — 66% 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.
Clinton against Henry County and Missouri
| Measure | Clinton | Henry County |
|---|---|---|
| Median home value | $147,700 | $153,500 |
| Median property tax | $1,297 | $1,230 |
| Effective tax rate | 0.878% | 0.801% |
| Median gross rent | $706 | $740 |
| Population | 9,047 | 22,194 |
The weather behind that power bill
Clinton sits in Henry County, which averages a high of 89.5°F in its hottest month and a low of 19.4°F in its coldest, with 43.33" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 1,406 cooling and 4,899 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Henry County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Henry County
No other places of this size are published in Henry County.
Common questions
How much does it cost to own a home in Clinton?
A $148,000 home in Clinton, Missouri costs approximately $1,261 per month with 20% down at 6.66%. That is $761 principal and interest, $108 property tax, $77 homeowners insurance, $191 utilities and $123 set aside for maintenance.
What is the property tax rate in Clinton?
Clinton has an effective property tax rate of 0.878%, based on a median home value of $147,700 and median real estate taxes of $1,297. That is higher than the Henry County average of 0.801%.
What is the average home price in Clinton?
The median owner-occupied home value in Clinton, Missouri is $147,700, against $153,500 across Henry County.
Is it cheaper to rent or buy in Clinton?
Median gross rent in Clinton is $706 a month, against $1,261 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 Clinton — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Missouri.
- 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.