Total monthly cost of ownership
Cost to Own a Home in Dimmitt, Texas
A $89,000 home here costs
$913per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $458. The real number is $456 higher every month — 100% 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.
Dimmitt against Castro County and Texas
| Measure | Dimmitt | Castro County |
|---|---|---|
| Median home value | $88,500 | $94,900 |
| Median property tax | $1,275 | $1,067 |
| Effective tax rate | 1.441% | 1.124% |
| Median gross rent | $890 | $910 |
| Population | 4,143 | 7,328 |
The weather behind that power bill
Dimmitt sits in Castro County, which averages a high of 91.7°F in its hottest month and a low of 22.3°F in its coldest, with 21" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 1,340 cooling and 4,235 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Castro County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Castro County
No other places of this size are published in Castro County.
Common questions
How much does it cost to own a home in Dimmitt?
A $89,000 home in Dimmitt, Texas costs approximately $913 per month with 20% down at 6.66%. That is $458 principal and interest, $107 property tax, $59 homeowners insurance, $216 utilities and $74 set aside for maintenance.
What is the property tax rate in Dimmitt?
Dimmitt has an effective property tax rate of 1.441%, based on a median home value of $88,500 and median real estate taxes of $1,275. That is higher than the Castro County average of 1.124%.
What is the average home price in Dimmitt?
The median owner-occupied home value in Dimmitt, Texas is $88,500, against $94,900 across Castro County.
Is it cheaper to rent or buy in Dimmitt?
Median gross rent in Dimmitt is $890 a month, against $913 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 Dimmitt — 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.