Total monthly cost of ownership
Cost to Own a Home in Kimberling City, Missouri
A $238,000 home here costs
$1,940per 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 $83,000 a year.
A standard mortgage calculator would have told you $1,298. The real number is $643 higher every month, 50% more than the payment most buyers budget for.
Compare Stone County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Kimberling City from a five-year rolling sample, and with about 2,559 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 Stone 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.
Kimberling City against Stone County and Missouri
| Measure | Kimberling City | Stone County |
|---|---|---|
| Median home value | $237,700 | $236,500 |
| Median property tax | $1,105 | $1,167 |
| Effective tax rate | 0.465% | 0.493% |
| Median gross rent | $925 | $892 |
| Population | 2,559 | 31,697 |
The weather behind that power bill
Kimberling City sits in Stone County, which averages a high of 89.3°F in its hottest month and a low of 21.9°F in its coldest, with 46.56" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,368 cooling and 4,523 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Stone County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Stone County
Talk to someone who works this market
These are Kimberling City 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 Kimberling City every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Kimberling City I already own here and may sell
Common questions
How much does it cost to own a home in Kimberling City?
A $238,000 home in Kimberling City, Missouri costs approximately $1,940 per month with 20% down at 7.24%. That is $1,298 principal and interest, $92 property tax, $124 homeowners insurance, $228 utilities and $198 set aside for maintenance.
What is the property tax rate in Kimberling City?
Kimberling City has an effective property tax rate of 0.465%, based on a median home value of $237,700 and median real estate taxes of $1,105. That is lower than the Stone County average of 0.493%.
What is the average home price in Kimberling City?
The median owner-occupied home value in Kimberling City, Missouri is $237,700, against $236,500 across Stone County.
Is it cheaper to rent or buy in Kimberling City?
Median gross rent in Kimberling City is $925 a month, against $1,940 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 Kimberling City?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Kimberling City, Missouri at today's rate takes a household income of roughly $83,000 a year. That covers the full $1,940 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Kimberling City, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Missouri.
- 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.