Total monthly cost of ownership
Cost to Own a Home in Hamilton, Missouri
A $139,000 home here costs
$1,202per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $715. The real number is $487 higher every month — 68% 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 against Caldwell County and Missouri
| Measure | Hamilton | Caldwell County |
|---|---|---|
| Median home value | $139,200 | $156,700 |
| Median property tax | $1,296 | $1,230 |
| Effective tax rate | 0.931% | 0.785% |
| Median gross rent | $614 | $628 |
| Population | 1,909 | 8,890 |
The weather behind that power bill
Hamilton sits in Caldwell County, which averages a high of 86.8°F in its hottest month and a low of 15.6°F in its coldest, with 39.92" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 1,101 cooling and 5,790 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Caldwell County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Caldwell County
No other places of this size are published in Caldwell County.
Full Caldwell County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Hamilton?
A $139,000 home in Hamilton, Missouri costs approximately $1,202 per month with 20% down at 6.66%. That is $715 principal and interest, $108 property tax, $72 homeowners insurance, $191 utilities and $116 set aside for maintenance.
What is the property tax rate in Hamilton?
Hamilton has an effective property tax rate of 0.931%, based on a median home value of $139,200 and median real estate taxes of $1,296. That is higher than the Caldwell County average of 0.785%.
What is the average home price in Hamilton?
The median owner-occupied home value in Hamilton, Missouri is $139,200, against $156,700 across Caldwell County.
Is it cheaper to rent or buy in Hamilton?
Median gross rent in Hamilton is $614 a month, against $1,202 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 — 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.