Total monthly cost of ownership
Cost to Own a Home in Hermann, Missouri
A $175,000 home here costs
$1,461per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $900. The real number is $562 higher every month — 62% 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.
Hermann against Gasconade County and Missouri
| Measure | Hermann | Gasconade County |
|---|---|---|
| Median home value | $175,100 | $168,900 |
| Median property tax | $1,605 | $1,238 |
| Effective tax rate | 0.917% | 0.733% |
| Median gross rent | $782 | $671 |
| Population | 2,550 | 14,774 |
The weather behind that power bill
Hermann sits in Gasconade County, which averages a high of 87.4°F in its hottest month and a low of 18.0°F in its coldest, with 45.19" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,028 cooling and 5,353 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Gasconade County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gasconade County
Full Gasconade County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Hermann?
A $175,000 home in Hermann, Missouri costs approximately $1,461 per month with 20% down at 6.66%. That is $900 principal and interest, $134 property tax, $91 homeowners insurance, $191 utilities and $146 set aside for maintenance.
What is the property tax rate in Hermann?
Hermann has an effective property tax rate of 0.917%, based on a median home value of $175,100 and median real estate taxes of $1,605. That is higher than the Gasconade County average of 0.733%.
What is the average home price in Hermann?
The median owner-occupied home value in Hermann, Missouri is $175,100, against $168,900 across Gasconade County.
Is it cheaper to rent or buy in Hermann?
Median gross rent in Hermann is $782 a month, against $1,461 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 Hermann — 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.