Total monthly cost of ownership
Cost to Own a Home in Grizzly Flats, California
A $369,000 home here costs
$2,811per 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 $120,500 a year.
A standard mortgage calculator would have told you $2,012. The real number is $799 higher every month, 40% more than the payment most buyers budget for.
Compare El Dorado County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Grizzly Flats from a five-year rolling sample, and with about 1,387 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The El Dorado County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Grizzly Flats against El Dorado County and California
| Measure | Grizzly Flats | El Dorado County |
|---|---|---|
| Median home value | $369,100 | $640,500 |
| Median property tax | — | $4,510 |
| Effective tax rate | 0.704% | 0.704% |
| Median gross rent | — | $1,626 |
| Population | 1,387 | 192,299 |
The weather behind that power bill
Grizzly Flats sits in El Dorado County, which averages a high of 90.3°F in its hottest month and a low of 30.5°F in its coldest, with 54.46" of precipitation a year and 51% of it in a single three-month stretch. That climate drives 594 cooling and 4,977 heating degree days, which is what sets the $150 electricity line above.
See the full climate breakdown for El Dorado County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in El Dorado County
Full El Dorado County cost breakdown · Every county in California
Talk to someone who works this market
These are Grizzly Flats 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 Grizzly Flats every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Grizzly Flats I already own here and may sell
Common questions
How much does it cost to own a home in Grizzly Flats?
A $369,000 home in Grizzly Flats, California costs approximately $2,811 per month with 20% down at 7.24%. That is $2,012 principal and interest, $216 property tax, $57 homeowners insurance, $218 utilities and $308 set aside for maintenance.
What is the property tax rate in Grizzly Flats?
Place-level tax data is not published for Grizzly Flats, so the El Dorado County rate of 0.704% applies here.
What is the average home price in Grizzly Flats?
The median owner-occupied home value in Grizzly Flats, California is $369,100, against $640,500 across El Dorado County.
Is it cheaper to rent or buy in Grizzly Flats?
Rent data is not published for Grizzly Flats at this level of detail.
What salary do you need to buy a home in Grizzly Flats?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Grizzly Flats, California at today's rate takes a household income of roughly $120,500 a year. That covers the full $2,811 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Grizzly Flats, 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.