Total monthly cost of ownership
Cost to Own a Home in Kingman, Arizona
A $243,000 home here costs
$1,796per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,249. The real number is $547 higher every month — 44% 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.
Kingman against Mohave County and Arizona
| Measure | Kingman | Mohave County |
|---|---|---|
| Median home value | $242,700 | $253,200 |
| Median property tax | $1,056 | $1,229 |
| Effective tax rate | 0.435% | 0.485% |
| Median gross rent | $990 | $1,047 |
| Population | 33,850 | 217,420 |
The weather behind that power bill
Kingman sits in Mohave County, which averages a high of 98.7°F in its hottest month and a low of 30.2°F in its coldest, with 8" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 2,174 cooling and 3,012 heating degree days, which is what sets the $137 electricity line above.
See the full climate breakdown for Mohave County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mohave County
Common questions
How much does it cost to own a home in Kingman?
A $243,000 home in Kingman, Arizona costs approximately $1,796 per month with 20% down at 6.66%. That is $1,249 principal and interest, $88 property tax, $51 homeowners insurance, $205 utilities and $203 set aside for maintenance.
What is the property tax rate in Kingman?
Kingman has an effective property tax rate of 0.435%, based on a median home value of $242,700 and median real estate taxes of $1,056. That is lower than the Mohave County average of 0.485%.
What is the average home price in Kingman?
The median owner-occupied home value in Kingman, Arizona is $242,700, against $253,200 across Mohave County.
Is it cheaper to rent or buy in Kingman?
Median gross rent in Kingman is $990 a month, against $1,796 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 Kingman — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Arizona.
- 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.