Total monthly cost of ownership
Cost to Own a Home in Dos Palos, California
A $285,000 home here costs
$2,199per 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 $94,500 a year.
A standard mortgage calculator would have told you $1,554. The real number is $645 higher every month, 42% more than the payment most buyers budget for.
Compare Merced County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Dos Palos against Merced County and California
| Measure | Dos Palos | Merced County |
|---|---|---|
| Median home value | $285,300 | $368,400 |
| Median property tax | $1,754 | $2,487 |
| Effective tax rate | 0.615% | 0.675% |
| Median gross rent | $1,182 | $1,284 |
| Population | 5,757 | 285,597 |
The weather behind that power bill
Dos Palos sits in Merced County, which averages a high of 95.6°F in its hottest month and a low of 34.3°F in its coldest, with 10.45" of precipitation a year and 59% of it in a single three-month stretch. That climate drives 980 cooling and 2,909 heating degree days, which is what sets the $150 electricity line above.
See the full climate breakdown for Merced County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Merced County
Full Merced County cost breakdown · Every county in California
Talk to someone who works this market
These are Dos Palos 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 Dos Palos every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Dos Palos I already own here and may sell
Common questions
How much does it cost to own a home in Dos Palos?
A $285,000 home in Dos Palos, California costs approximately $2,199 per month with 20% down at 7.24%. That is $1,554 principal and interest, $146 property tax, $44 homeowners insurance, $218 utilities and $238 set aside for maintenance.
What is the property tax rate in Dos Palos?
Dos Palos has an effective property tax rate of 0.615%, based on a median home value of $285,300 and median real estate taxes of $1,754. That is lower than the Merced County average of 0.675%.
What is the average home price in Dos Palos?
The median owner-occupied home value in Dos Palos, California is $285,300, against $368,400 across Merced County.
Is it cheaper to rent or buy in Dos Palos?
Median gross rent in Dos Palos is $1,182 a month, against $2,199 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 Dos Palos?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Dos Palos, California at today's rate takes a household income of roughly $94,500 a year. That covers the full $2,199 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Dos Palos, 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.