Total monthly cost of ownership
Cost to Own a Home in High Ridge, Missouri
A $166,000 home here costs
$1,472per 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 $63,000 a year.
A standard mortgage calculator would have told you $905. The real number is $567 higher every month, 63% more than the payment most buyers budget for.
Compare Jefferson County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for High Ridge from a five-year rolling sample, and with about 4,209 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 Jefferson 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.
High Ridge against Jefferson County and Missouri
| Measure | High Ridge | Jefferson County |
|---|---|---|
| Median home value | $166,400 | $218,800 |
| Median property tax | $1,364 | $1,835 |
| Effective tax rate | 0.820% | 0.839% |
| Median gross rent | $1,106 | $972 |
| Population | 4,209 | 228,227 |
The weather behind that power bill
High Ridge sits in Jefferson County, which averages a high of 88.4°F in its hottest month and a low of 22.3°F in its coldest, with 43.57" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,352 cooling and 4,700 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Jefferson County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jefferson County
Full Jefferson County cost breakdown · Every county in Missouri
Talk to someone who works this market
These are High Ridge 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 High Ridge every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in High Ridge I already own here and may sell
Common questions
How much does it cost to own a home in High Ridge?
A $166,000 home in High Ridge, Missouri costs approximately $1,472 per month with 20% down at 7.24%. That is $905 principal and interest, $113 property tax, $86 homeowners insurance, $228 utilities and $138 set aside for maintenance.
What is the property tax rate in High Ridge?
High Ridge has an effective property tax rate of 0.820%, based on a median home value of $166,400 and median real estate taxes of $1,364. That is lower than the Jefferson County average of 0.839%.
What is the average home price in High Ridge?
The median owner-occupied home value in High Ridge, Missouri is $166,400, against $218,800 across Jefferson County.
Is it cheaper to rent or buy in High Ridge?
Median gross rent in High Ridge is $1,106 a month, against $1,472 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 High Ridge?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in High Ridge, Missouri at today's rate takes a household income of roughly $63,000 a year. That covers the full $1,472 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for High Ridge, 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.