Cost to Own
United StatesWyomingTeton CountyHoback Population 1,609 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Hoback, Wyoming

A $1,288,000 home here costs

$8,754

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $6,622. The real number is $2,132 higher every month — 32% more than the payment most buyers budget for.

Hoback median: $1,287,500
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $1,030,400 borrowed $6,622
Property tax0.364% effective rate for Hoback itself $391
Homeowners insuranceWyoming averages $1,432/yr (NAIC), or 0.435% of home value $467
Electricity14.8¢/kWh — Wyoming residential average, EIA $133
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $1,073
Total monthly $8,754

Hoback against Teton County and Wyoming

MeasureHobackTeton County
Median home value$1,287,500$1,371,900
Median property tax$4,682$5,462
Effective tax rate0.364%0.398%
Median gross rent$1,758
Population1,60923,358

The weather behind that power bill

Hoback sits in Teton County, which averages a high of 76.9°F in its hottest month and a low of 0.6°F in its coldest, with 32.82" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 7 cooling and 11,149 heating degree days, which is what sets the $133 electricity line above.

See the full climate breakdown for Teton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Teton County

Full Teton County cost breakdown · Every county in Wyoming

Common questions

How much does it cost to own a home in Hoback?

A $1,288,000 home in Hoback, Wyoming costs approximately $8,754 per month with 20% down at 6.66%. That is $6,622 principal and interest, $391 property tax, $467 homeowners insurance, $201 utilities and $1,073 set aside for maintenance.

What is the property tax rate in Hoback?

Hoback has an effective property tax rate of 0.364%, based on a median home value of $1,287,500 and median real estate taxes of $4,682. That is lower than the Teton County average of 0.398%.

What is the average home price in Hoback?

The median owner-occupied home value in Hoback, Wyoming is $1,287,500, against $1,371,900 across Teton County.

Is it cheaper to rent or buy in Hoback?

Rent data is not published for Hoback at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Hoback — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Wyoming.
  • 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.

Full methodology