Total monthly cost of ownership
Cost to Own a Home in Julesburg, Colorado
A $131,000 home here costs
$1,105per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $47,500 a year.
A standard mortgage calculator would have told you $714. The real number is $390 higher every month, 55% more than the payment most buyers budget for.
Compare Sedgwick County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Julesburg from a five-year rolling sample, and with about 1,193 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Sedgwick County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Julesburg against Sedgwick County and Colorado
| Measure | Julesburg | Sedgwick County |
|---|---|---|
| Median home value | $131,100 | $142,700 |
| Median property tax | $714 | $671 |
| Effective tax rate | 0.545% | 0.470% |
| Median gross rent | $708 | $728 |
| Population | 1,193 | 2,346 |
The weather behind that power bill
Julesburg sits in Sedgwick County, which averages a high of 89.7°F in its hottest month and a low of 15.2°F in its coldest, with 17.61" of precipitation a year and 47% of it in a single three-month stretch. That climate drives 825 cooling and 6,399 heating degree days, which is what sets the $116 electricity line above.
See the full climate breakdown for Sedgwick County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sedgwick County
No other places of this size are published in Sedgwick County.
Full Sedgwick County cost breakdown · Every county in Colorado
Talk to someone who works this market
These are Julesburg averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Julesburg every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Julesburg I already own here and may sell
Common questions
How much does it cost to own a home in Julesburg?
A $131,000 home in Julesburg, Colorado costs approximately $1,105 per month with 20% down at 7.24%. That is $714 principal and interest, $59 property tax, $38 homeowners insurance, $184 utilities and $109 set aside for maintenance.
What is the property tax rate in Julesburg?
Julesburg has an effective property tax rate of 0.545%, based on a median home value of $131,100 and median real estate taxes of $714. That is higher than the Sedgwick County average of 0.470%.
What is the average home price in Julesburg?
The median owner-occupied home value in Julesburg, Colorado is $131,100, against $142,700 across Sedgwick County.
Is it cheaper to rent or buy in Julesburg?
Median gross rent in Julesburg is $708 a month, against $1,105 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Julesburg?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Julesburg, Colorado at today's rate takes a household income of roughly $47,500 a year. That covers the full $1,105 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Julesburg, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Colorado.
- 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.