Total monthly cost of ownership
Cost to Own a Home in Graham, Texas
A $173,000 home here costs
$1,587per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $889. The real number is $697 higher every month — 78% 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.
Graham against Young County and Texas
| Measure | Graham | Young County |
|---|---|---|
| Median home value | $173,000 | $165,300 |
| Median property tax | $2,677 | $2,006 |
| Effective tax rate | 1.547% | 1.214% |
| Median gross rent | $970 | $849 |
| Population | 8,758 | 17,963 |
The weather behind that power bill
Graham sits in Young County, which averages a high of 97.7°F in its hottest month and a low of 29.5°F in its coldest, with 29.96" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,584 cooling and 2,723 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Young County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Young County
Common questions
How much does it cost to own a home in Graham?
A $173,000 home in Graham, Texas costs approximately $1,587 per month with 20% down at 6.66%. That is $889 principal and interest, $223 property tax, $114 homeowners insurance, $216 utilities and $144 set aside for maintenance.
What is the property tax rate in Graham?
Graham has an effective property tax rate of 1.547%, based on a median home value of $173,000 and median real estate taxes of $2,677. That is higher than the Young County average of 1.214%.
What is the average home price in Graham?
The median owner-occupied home value in Graham, Texas is $173,000, against $165,300 across Young County.
Is it cheaper to rent or buy in Graham?
Median gross rent in Graham is $970 a month, against $1,587 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 Graham — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Texas.
- 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.