Total monthly cost of ownership
Cost to Own a Home in Crowley Lake, California
A $612,000 home here costs
$4,549per 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 $195,000 a year.
A standard mortgage calculator would have told you $3,337. The real number is $1,213 higher every month, 36% more than the payment most buyers budget for.
Compare Mono County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Crowley Lake from a five-year rolling sample, and with about 1,129 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 Mono 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.
Crowley Lake against Mono County and California
| Measure | Crowley Lake | Mono County |
|---|---|---|
| Median home value | $611,600 | $514,300 |
| Median property tax | — | $3,936 |
| Effective tax rate | 0.765% | 0.765% |
| Median gross rent | — | $1,593 |
| Population | 1,129 | 13,169 |
The weather behind that power bill
Crowley Lake sits in Mono County, which averages a high of 84.2°F in its hottest month and a low of 20.6°F in its coldest, with 15.1" of precipitation a year and 53% of it in a single three-month stretch. That climate drives 299 cooling and 6,236 heating degree days, which is what sets the $150 electricity line above.
See the full climate breakdown for Mono County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mono County
Full Mono County cost breakdown · Every county in California
Talk to someone who works this market
These are Crowley Lake 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 Crowley Lake every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Crowley Lake I already own here and may sell
Common questions
How much does it cost to own a home in Crowley Lake?
A $612,000 home in Crowley Lake, California costs approximately $4,549 per month with 20% down at 7.24%. That is $3,337 principal and interest, $390 property tax, $95 homeowners insurance, $218 utilities and $510 set aside for maintenance.
What is the property tax rate in Crowley Lake?
Place-level tax data is not published for Crowley Lake, so the Mono County rate of 0.765% applies here.
What is the average home price in Crowley Lake?
The median owner-occupied home value in Crowley Lake, California is $611,600, against $514,300 across Mono County.
Is it cheaper to rent or buy in Crowley Lake?
Rent data is not published for Crowley Lake at this level of detail.
What salary do you need to buy a home in Crowley Lake?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Crowley Lake, California at today's rate takes a household income of roughly $195,000 a year. That covers the full $4,549 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Crowley Lake, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for California.
- 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.