Total monthly cost of ownership
Cost to Own a Home in Jones, Oklahoma
A $205,000 home here costs
$1,775per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,054. The real number is $721 higher every month — 68% 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.
Jones against Oklahoma County and Oklahoma
| Measure | Jones | Oklahoma County |
|---|---|---|
| Median home value | $204,500 | $207,800 |
| Median property tax | $1,950 | $2,045 |
| Effective tax rate | 0.954% | 0.984% |
| Median gross rent | $943 | $1,073 |
| Population | 2,975 | 800,487 |
The weather behind that power bill
Jones sits in Oklahoma County, which averages a high of 94.0°F in its hottest month and a low of 27.4°F in its coldest, with 30.54" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 2,093 cooling and 3,563 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Oklahoma County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Oklahoma County
Full Oklahoma County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Jones?
A $205,000 home in Jones, Oklahoma costs approximately $1,775 per month with 20% down at 6.66%. That is $1,054 principal and interest, $163 property tax, $199 homeowners insurance, $188 utilities and $171 set aside for maintenance.
What is the property tax rate in Jones?
Jones has an effective property tax rate of 0.954%, based on a median home value of $204,500 and median real estate taxes of $1,950. That is lower than the Oklahoma County average of 0.984%.
What is the average home price in Jones?
The median owner-occupied home value in Jones, Oklahoma is $204,500, against $207,800 across Oklahoma County.
Is it cheaper to rent or buy in Jones?
Median gross rent in Jones is $943 a month, against $1,775 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 Jones — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Oklahoma.
- 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.