Total monthly cost of ownership
Cost to Own a Home in Evanston, Wyoming
A $236,000 home here costs
$1,874per 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 $80,500 a year.
A standard mortgage calculator would have told you $1,287. The real number is $587 higher every month, 46% more than the payment most buyers budget for.
Compare Uinta 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.
Evanston against Uinta County and Wyoming
| Measure | Evanston | Uinta County |
|---|---|---|
| Median home value | $236,400 | $255,400 |
| Median property tax | $1,354 | $1,389 |
| Effective tax rate | 0.573% | 0.544% |
| Median gross rent | $841 | $882 |
| Population | 11,803 | 20,605 |
The weather behind that power bill
Evanston sits in Uinta County, which averages a high of 79.7°F in its hottest month and a low of 10.6°F in its coldest, with 11.03" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 45 cooling and 8,848 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Uinta County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Uinta County
Talk to someone who works this market
These are Evanston 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 Evanston every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Evanston I already own here and may sell
Common questions
How much does it cost to own a home in Evanston?
A $236,000 home in Evanston, Wyoming costs approximately $1,874 per month with 20% down at 7.24%. That is $1,287 principal and interest, $113 property tax, $86 homeowners insurance, $193 utilities and $197 set aside for maintenance.
What is the property tax rate in Evanston?
Evanston has an effective property tax rate of 0.573%, based on a median home value of $236,400 and median real estate taxes of $1,354. That is higher than the Uinta County average of 0.544%.
What is the average home price in Evanston?
The median owner-occupied home value in Evanston, Wyoming is $236,400, against $255,400 across Uinta County.
Is it cheaper to rent or buy in Evanston?
Median gross rent in Evanston is $841 a month, against $1,874 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 Evanston?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Evanston, Wyoming at today's rate takes a household income of roughly $80,500 a year. That covers the full $1,874 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Evanston, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Wyoming.
- 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.