Total monthly cost of ownership
Cost to Own a Home in Junction City, Kansas
A $163,000 home here costs
$1,490per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $838. The real number is $652 higher every month — 78% 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.
Junction City against Geary County and Kansas
| Measure | Junction City | Geary County |
|---|---|---|
| Median home value | $162,500 | $165,000 |
| Median property tax | $2,602 | $2,537 |
| Effective tax rate | 1.601% | 1.538% |
| Median gross rent | $1,019 | $1,119 |
| Population | 22,431 | 35,895 |
The weather behind that power bill
Junction City sits in Geary County, which averages a high of 91.5°F in its hottest month and a low of 17.8°F in its coldest, with 32.17" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 1,490 cooling and 5,104 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Geary County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Geary County
No other places of this size are published in Geary County.
Common questions
How much does it cost to own a home in Junction City?
A $163,000 home in Junction City, Kansas costs approximately $1,490 per month with 20% down at 6.66%. That is $838 principal and interest, $217 property tax, $95 homeowners insurance, $204 utilities and $136 set aside for maintenance.
What is the property tax rate in Junction City?
Junction City has an effective property tax rate of 1.601%, based on a median home value of $162,500 and median real estate taxes of $2,602. That is higher than the Geary County average of 1.538%.
What is the average home price in Junction City?
The median owner-occupied home value in Junction City, Kansas is $162,500, against $165,000 across Geary County.
Is it cheaper to rent or buy in Junction City?
Median gross rent in Junction City is $1,019 a month, against $1,490 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 Junction City — 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.