Total monthly cost of ownership
Cost to Own a Home in Gower, Missouri
A $190,000 home here costs
$1,558per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $977. The real number is $581 higher every month — 60% 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.
Gower against Buchanan County and Missouri
| Measure | Gower | Buchanan County |
|---|---|---|
| Median home value | $189,900 | $156,600 |
| Median property tax | $1,598 | $1,253 |
| Effective tax rate | 0.841% | 0.800% |
| Median gross rent | $820 | $889 |
| Population | 1,677 | 83,855 |
Gower extends across 2 counties. Figures here use Buchanan County, where most of its housing sits.
The weather behind that power bill
Gower sits in Buchanan County, which averages a high of 88.1°F in its hottest month and a low of 17.1°F in its coldest, with 34.76" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 1,288 cooling and 5,385 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Buchanan County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Buchanan County
Full Buchanan County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Gower?
A $190,000 home in Gower, Missouri costs approximately $1,558 per month with 20% down at 6.66%. That is $977 principal and interest, $133 property tax, $99 homeowners insurance, $191 utilities and $158 set aside for maintenance.
What is the property tax rate in Gower?
Gower has an effective property tax rate of 0.841%, based on a median home value of $189,900 and median real estate taxes of $1,598. That is higher than the Buchanan County average of 0.800%.
What is the average home price in Gower?
The median owner-occupied home value in Gower, Missouri is $189,900, against $156,600 across Buchanan County.
Is it cheaper to rent or buy in Gower?
Median gross rent in Gower is $820 a month, against $1,558 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 Gower — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Missouri.
- 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.