Total monthly cost of ownership
Cost to Own a Home in Eureka, California
A $376,000 home here costs
$2,842per 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 $122,000 a year.
A standard mortgage calculator would have told you $2,050. The real number is $792 higher every month, 39% more than the payment most buyers budget for.
Compare Humboldt 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.
Eureka against Humboldt County and California
| Measure | Eureka | Humboldt County |
|---|---|---|
| Median home value | $375,800 | $418,800 |
| Median property tax | $2,437 | $2,731 |
| Effective tax rate | 0.648% | 0.652% |
| Median gross rent | $1,157 | $1,249 |
| Population | 26,302 | 135,418 |
The weather behind that power bill
Eureka sits in Humboldt County, which averages a high of 64.0°F in its hottest month and a low of 40.0°F in its coldest, with 40.4" of precipitation a year and 51% of it in a single three-month stretch. That climate drives 2 cooling and 4,506 heating degree days, which is what sets the $150 electricity line above.
See the full climate breakdown for Humboldt County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Humboldt County
Full Humboldt County cost breakdown · Every county in California
Talk to someone who works this market
These are Eureka 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 Eureka every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Eureka I already own here and may sell
Common questions
How much does it cost to own a home in Eureka?
A $376,000 home in Eureka, California costs approximately $2,842 per month with 20% down at 7.24%. That is $2,050 principal and interest, $203 property tax, $58 homeowners insurance, $218 utilities and $313 set aside for maintenance.
What is the property tax rate in Eureka?
Eureka has an effective property tax rate of 0.648%, based on a median home value of $375,800 and median real estate taxes of $2,437. That is in line with the Humboldt County average of 0.652%.
What is the average home price in Eureka?
The median owner-occupied home value in Eureka, California is $375,800, against $418,800 across Humboldt County.
Is it cheaper to rent or buy in Eureka?
Median gross rent in Eureka is $1,157 a month, against $2,842 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 Eureka?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Eureka, California at today's rate takes a household income of roughly $122,000 a year. That covers the full $2,842 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Eureka, 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.