Total monthly cost of ownership
Cost to Own a Home in Ironton, Missouri
A $110,000 home here costs
$960per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $566. The real number is $395 higher every month — 70% 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.
Ironton against Iron County and Missouri
| Measure | Ironton | Iron County |
|---|---|---|
| Median home value | $109,900 | $113,000 |
| Median property tax | $657 | $736 |
| Effective tax rate | 0.598% | 0.651% |
| Median gross rent | $703 | $671 |
| Population | 1,755 | 9,482 |
The weather behind that power bill
Ironton sits in Iron County, which averages a high of 88.5°F in its hottest month and a low of 22.6°F in its coldest, with 45.16" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,341 cooling and 4,551 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Iron County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Iron County
No other places of this size are published in Iron County.
Common questions
How much does it cost to own a home in Ironton?
A $110,000 home in Ironton, Missouri costs approximately $960 per month with 20% down at 6.66%. That is $566 principal and interest, $55 property tax, $57 homeowners insurance, $191 utilities and $92 set aside for maintenance.
What is the property tax rate in Ironton?
Ironton has an effective property tax rate of 0.598%, based on a median home value of $109,900 and median real estate taxes of $657. That is lower than the Iron County average of 0.651%.
What is the average home price in Ironton?
The median owner-occupied home value in Ironton, Missouri is $109,900, against $113,000 across Iron County.
Is it cheaper to rent or buy in Ironton?
Median gross rent in Ironton is $703 a month, against $960 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 Ironton — 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.