Total monthly cost of ownership
Cost to Own a Home in Lake Don Pedro, California
A $329,000 home here costs
$2,532per 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 $108,500 a year.
A standard mortgage calculator would have told you $1,794. The real number is $739 higher every month, 41% more than the payment most buyers budget for.
Compare Mariposa County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Lake Don Pedro from a five-year rolling sample, and with about 1,157 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 Mariposa 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.
Lake Don Pedro against Mariposa County and California
| Measure | Lake Don Pedro | Mariposa County |
|---|---|---|
| Median home value | $329,200 | $358,000 |
| Median property tax | $2,350 | $2,437 |
| Effective tax rate | 0.714% | 0.681% |
| Median gross rent | $1,933 | $1,268 |
| Population | 1,157 | 17,060 |
The weather behind that power bill
Lake Don Pedro sits in Mariposa County, which averages a high of 74.9°F in its hottest month and a low of 30.5°F in its coldest, with 40.44" of precipitation a year and 50% of it in a single three-month stretch. That climate drives 308 cooling and 5,919 heating degree days, which is what sets the $150 electricity line above.
See the full climate breakdown for Mariposa County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mariposa County
Full Mariposa County cost breakdown · Every county in California
Talk to someone who works this market
These are Lake Don Pedro 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 Lake Don Pedro every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Lake Don Pedro I already own here and may sell
Common questions
How much does it cost to own a home in Lake Don Pedro?
A $329,000 home in Lake Don Pedro, California costs approximately $2,532 per month with 20% down at 7.24%. That is $1,794 principal and interest, $196 property tax, $51 homeowners insurance, $218 utilities and $274 set aside for maintenance.
What is the property tax rate in Lake Don Pedro?
Lake Don Pedro has an effective property tax rate of 0.714%, based on a median home value of $329,200 and median real estate taxes of $2,350. That is higher than the Mariposa County average of 0.681%.
What is the average home price in Lake Don Pedro?
The median owner-occupied home value in Lake Don Pedro, California is $329,200, against $358,000 across Mariposa County.
Is it cheaper to rent or buy in Lake Don Pedro?
Median gross rent in Lake Don Pedro is $1,933 a month, against $2,532 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 Lake Don Pedro?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Lake Don Pedro, California at today's rate takes a household income of roughly $108,500 a year. That covers the full $2,532 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Lake Don Pedro, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for California.
- 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.