Total monthly cost of ownership
Cost to Own a Home in Jemison, Alabama
A $146,000 home here costs
$1,232per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $751. The real number is $481 higher every month — 64% 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.
Jemison against Chilton County and Alabama
| Measure | Jemison | Chilton County |
|---|---|---|
| Median home value | $145,900 | $142,300 |
| Median property tax | $494 | $478 |
| Effective tax rate | 0.339% | 0.336% |
| Median gross rent | $1,000 | $855 |
| Population | 2,728 | 45,500 |
The weather behind that power bill
Jemison sits in Chilton County, which averages a high of 89.8°F in its hottest month and a low of 34.2°F in its coldest, with 56.43" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,855 cooling and 2,570 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Chilton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Chilton County
Full Chilton County cost breakdown · Every county in Alabama
Common questions
How much does it cost to own a home in Jemison?
A $146,000 home in Jemison, Alabama costs approximately $1,232 per month with 20% down at 6.66%. That is $751 principal and interest, $41 property tax, $100 homeowners insurance, $219 utilities and $122 set aside for maintenance.
What is the property tax rate in Jemison?
Jemison has an effective property tax rate of 0.339%, based on a median home value of $145,900 and median real estate taxes of $494. That is in line with the Chilton County average of 0.336%.
What is the average home price in Jemison?
The median owner-occupied home value in Jemison, Alabama is $145,900, against $142,300 across Chilton County.
Is it cheaper to rent or buy in Jemison?
Median gross rent in Jemison is $1,000 a month, against $1,232 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 Jemison — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Alabama.
- 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.