Total monthly cost of ownership
Cost to Own a Home in Fort Mohave, Arizona
A $275,000 home here costs
$2,135per 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 $91,500 a year.
A standard mortgage calculator would have told you $1,499. The real number is $636 higher every month, 42% more than the payment most buyers budget for.
Compare Mohave 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.
Fort Mohave against Mohave County and Arizona
| Measure | Fort Mohave | Mohave County |
|---|---|---|
| Median home value | $274,600 | $253,200 |
| Median property tax | $1,430 | $1,229 |
| Effective tax rate | 0.521% | 0.485% |
| Median gross rent | $968 | $1,047 |
| Population | 15,716 | 217,420 |
The weather behind that power bill
Fort Mohave sits in Mohave County, which averages a high of 98.7°F in its hottest month and a low of 30.2°F in its coldest, with 8" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 2,174 cooling and 3,012 heating degree days, which is what sets the $162 electricity line above.
See the full climate breakdown for Mohave County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mohave County
Talk to someone who works this market
These are Fort Mohave 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 Fort Mohave every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Fort Mohave I already own here and may sell
Common questions
How much does it cost to own a home in Fort Mohave?
A $275,000 home in Fort Mohave, Arizona costs approximately $2,135 per month with 20% down at 7.24%. That is $1,499 principal and interest, $119 property tax, $58 homeowners insurance, $230 utilities and $229 set aside for maintenance.
What is the property tax rate in Fort Mohave?
Fort Mohave has an effective property tax rate of 0.521%, based on a median home value of $274,600 and median real estate taxes of $1,430. That is higher than the Mohave County average of 0.485%.
What is the average home price in Fort Mohave?
The median owner-occupied home value in Fort Mohave, Arizona is $274,600, against $253,200 across Mohave County.
Is it cheaper to rent or buy in Fort Mohave?
Median gross rent in Fort Mohave is $968 a month, against $2,135 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 Fort Mohave?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Fort Mohave, Arizona at today's rate takes a household income of roughly $91,500 a year. That covers the full $2,135 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Fort Mohave, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Arizona.
- 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.