Total monthly cost of ownership
Cost to Own a Home in Henrietta, Texas
A $131,000 home here costs
$1,337per 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 $57,500 a year.
A standard mortgage calculator would have told you $714. The real number is $623 higher every month, 87% more than the payment most buyers budget for.
Compare Clay County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Henrietta from a five-year rolling sample, and with about 3,143 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 Clay 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.
Henrietta against Clay County and Texas
| Measure | Henrietta | Clay County |
|---|---|---|
| Median home value | $131,100 | $161,300 |
| Median property tax | $2,219 | $2,194 |
| Effective tax rate | 1.693% | 1.360% |
| Median gross rent | $684 | $825 |
| Population | 3,143 | 10,402 |
The weather behind that power bill
Henrietta sits in Clay County, which averages a high of 96.5°F in its hottest month and a low of 28.9°F in its coldest, with 32.03" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 2,290 cooling and 2,998 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Clay County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clay County
No other places of this size are published in Clay County.
Talk to someone who works this market
These are Henrietta 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 Henrietta every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Henrietta I already own here and may sell
Common questions
How much does it cost to own a home in Henrietta?
A $131,000 home in Henrietta, Texas costs approximately $1,337 per month with 20% down at 7.24%. That is $714 principal and interest, $185 property tax, $87 homeowners insurance, $242 utilities and $109 set aside for maintenance.
What is the property tax rate in Henrietta?
Henrietta has an effective property tax rate of 1.693%, based on a median home value of $131,100 and median real estate taxes of $2,219. That is higher than the Clay County average of 1.360%.
What is the average home price in Henrietta?
The median owner-occupied home value in Henrietta, Texas is $131,100, against $161,300 across Clay County.
Is it cheaper to rent or buy in Henrietta?
Median gross rent in Henrietta is $684 a month, against $1,337 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Henrietta?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Henrietta, Texas at today's rate takes a household income of roughly $57,500 a year. That covers the full $1,337 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Henrietta, 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.