Total monthly cost of ownership
Cost to Own a Home in Hamilton City, California
A $279,000 home here costs
$2,200per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,434. The real number is $766 higher every month — 53% 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.
Hamilton City against Glenn County and California
| Measure | Hamilton City | Glenn County |
|---|---|---|
| Median home value | $278,800 | $338,400 |
| Median property tax | $1,479 | $2,190 |
| Effective tax rate | 0.530% | 0.647% |
| Median gross rent | $865 | $1,103 |
| Population | 2,295 | 28,623 |
The weather behind that power bill
Hamilton City sits in Glenn County, which averages a high of 95.9°F in its hottest month and a low of 33.0°F in its coldest, with 21.36" of precipitation a year and 59% of it in a single three-month stretch. That climate drives 1,364 cooling and 3,190 heating degree days, which is what sets the $299 electricity line above.
See the full climate breakdown for Glenn County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Glenn County
Full Glenn County cost breakdown · Every county in California
Common questions
How much does it cost to own a home in Hamilton City?
A $279,000 home in Hamilton City, California costs approximately $2,200 per month with 20% down at 6.66%. That is $1,434 principal and interest, $123 property tax, $43 homeowners insurance, $367 utilities and $233 set aside for maintenance.
What is the property tax rate in Hamilton City?
Hamilton City has an effective property tax rate of 0.530%, based on a median home value of $278,800 and median real estate taxes of $1,479. That is lower than the Glenn County average of 0.647%.
What is the average home price in Hamilton City?
The median owner-occupied home value in Hamilton City, California is $278,800, against $338,400 across Glenn County.
Is it cheaper to rent or buy in Hamilton City?
Median gross rent in Hamilton City is $865 a month, against $2,200 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 Hamilton City — 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.