Total monthly cost of ownership
Cost to Own a Home in Hillsboro, Kansas
A $101,000 home here costs
$1,025per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $519. The real number is $505 higher every month — 97% 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.
Hillsboro against Marion County and Kansas
| Measure | Hillsboro | Marion County |
|---|---|---|
| Median home value | $101,100 | $114,400 |
| Median property tax | $1,902 | $1,974 |
| Effective tax rate | 1.881% | 1.726% |
| Median gross rent | $772 | $727 |
| Population | 2,716 | 11,795 |
The weather behind that power bill
Hillsboro sits in Marion County, which averages a high of 92.2°F in its hottest month and a low of 21.3°F in its coldest, with 33.94" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 1,707 cooling and 4,725 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Marion County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Marion County
Common questions
How much does it cost to own a home in Hillsboro?
A $101,000 home in Hillsboro, Kansas costs approximately $1,025 per month with 20% down at 6.66%. That is $519 principal and interest, $158 property tax, $59 homeowners insurance, $204 utilities and $84 set aside for maintenance.
What is the property tax rate in Hillsboro?
Hillsboro has an effective property tax rate of 1.881%, based on a median home value of $101,100 and median real estate taxes of $1,902. That is higher than the Marion County average of 1.726%.
What is the average home price in Hillsboro?
The median owner-occupied home value in Hillsboro, Kansas is $101,100, against $114,400 across Marion County.
Is it cheaper to rent or buy in Hillsboro?
Median gross rent in Hillsboro is $772 a month, against $1,025 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 Hillsboro — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Kansas.
- 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.