Total monthly cost of ownership
Cost to Own a Home in Hoxie, Kansas
A $173,000 home here costs
$1,560per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $889. The real number is $671 higher every month — 75% 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.
Hoxie against Sheridan County and Kansas
| Measure | Hoxie | Sheridan County |
|---|---|---|
| Median home value | $173,000 | $152,000 |
| Median property tax | $2,663 | $2,331 |
| Effective tax rate | 1.539% | 1.534% |
| Median gross rent | $633 | $663 |
| Population | 1,191 | 2,442 |
The weather behind that power bill
Hoxie sits in Sheridan County, which averages a high of 90.0°F in its hottest month and a low of 18.8°F in its coldest, with 22.01" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 1,262 cooling and 5,417 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Sheridan County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sheridan County
No other places of this size are published in Sheridan County.
Full Sheridan County cost breakdown · Every county in Kansas
Common questions
How much does it cost to own a home in Hoxie?
A $173,000 home in Hoxie, Kansas costs approximately $1,560 per month with 20% down at 6.66%. That is $889 principal and interest, $222 property tax, $101 homeowners insurance, $204 utilities and $144 set aside for maintenance.
What is the property tax rate in Hoxie?
Hoxie has an effective property tax rate of 1.539%, based on a median home value of $173,000 and median real estate taxes of $2,663. That is in line with the Sheridan County average of 1.534%.
What is the average home price in Hoxie?
The median owner-occupied home value in Hoxie, Kansas is $173,000, against $152,000 across Sheridan County.
Is it cheaper to rent or buy in Hoxie?
Median gross rent in Hoxie is $633 a month, against $1,560 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 Hoxie — 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.