Total monthly cost of ownership
Cost to Own a Home in Kimball, Tennessee
A $216,000 home here costs
$1,655per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,110. The real number is $545 higher every month — 49% 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.
Kimball against Marion County and Tennessee
| Measure | Kimball | Marion County |
|---|---|---|
| Median home value | $215,900 | $173,600 |
| Median property tax | $906 | $771 |
| Effective tax rate | 0.420% | 0.444% |
| Median gross rent | $681 | $840 |
| Population | 1,701 | 29,010 |
The weather behind that power bill
Kimball sits in Marion County, which averages a high of 90.5°F in its hottest month and a low of 32.4°F in its coldest, with 55" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,921 cooling and 3,029 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Marion County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Marion County
Full Marion County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Kimball?
A $216,000 home in Kimball, Tennessee costs approximately $1,655 per month with 20% down at 6.66%. That is $1,110 principal and interest, $76 property tax, $91 homeowners insurance, $198 utilities and $180 set aside for maintenance.
What is the property tax rate in Kimball?
Kimball has an effective property tax rate of 0.420%, based on a median home value of $215,900 and median real estate taxes of $906. That is lower than the Marion County average of 0.444%.
What is the average home price in Kimball?
The median owner-occupied home value in Kimball, Tennessee is $215,900, against $173,600 across Marion County.
Is it cheaper to rent or buy in Kimball?
Median gross rent in Kimball is $681 a month, against $1,655 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 Kimball — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Tennessee.
- 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.