Total monthly cost of ownership
Cost to Own a Home in Hideout, Utah
A $947,000 home here costs
$6,335per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $4,869. The real number is $1,466 higher every month — 30% 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.
Hideout against Summit County and Utah
| Measure | Hideout | Summit County |
|---|---|---|
| Median home value | $947,400 | $1,000,400 |
| Median property tax | $4,206 | $3,469 |
| Effective tax rate | 0.444% | 0.347% |
| Median gross rent | $1,437 | $1,969 |
| Population | 1,111 | 42,709 |
Hideout extends across 2 counties. Figures here use Summit County, where most of its housing sits.
The weather behind that power bill
Hideout sits in Summit County, which averages a high of 94.0°F in its hottest month and a low of 24.2°F in its coldest, with 15.52" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 1,420 cooling and 5,154 heating degree days, which is what sets the $117 electricity line above.
See the full climate breakdown for Summit County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Summit County
Common questions
How much does it cost to own a home in Hideout?
A $947,000 home in Hideout, Utah costs approximately $6,335 per month with 20% down at 6.66%. That is $4,869 principal and interest, $350 property tax, $142 homeowners insurance, $185 utilities and $789 set aside for maintenance.
What is the property tax rate in Hideout?
Hideout has an effective property tax rate of 0.444%, based on a median home value of $947,400 and median real estate taxes of $4,206. That is higher than the Summit County average of 0.347%.
What is the average home price in Hideout?
The median owner-occupied home value in Hideout, Utah is $947,400, against $1,000,400 across Summit County.
Is it cheaper to rent or buy in Hideout?
Median gross rent in Hideout is $1,437 a month, against $6,335 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 Hideout — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Utah.
- 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.