Total monthly cost of ownership
Cost to Own a Home in Leroy, Alabama
A $203,000 home here costs
$1,606per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,044. The real number is $562 higher every month — 54% 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.
Leroy against Washington County and Alabama
| Measure | Leroy | Washington County |
|---|---|---|
| Median home value | $202,600 | $152,800 |
| Median property tax | $426 | $357 |
| Effective tax rate | 0.210% | 0.234% |
| Median gross rent | — | $628 |
| Population | 1,016 | 15,270 |
The weather behind that power bill
Leroy sits in Washington County, which averages a high of 89.8°F in its hottest month and a low of 35.5°F in its coldest, with 56.94" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,985 cooling and 2,326 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Washington County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Washington County
No other places of this size are published in Washington County.
Full Washington County cost breakdown · Every county in Alabama
Common questions
How much does it cost to own a home in Leroy?
A $203,000 home in Leroy, Alabama costs approximately $1,606 per month with 20% down at 6.66%. That is $1,044 principal and interest, $36 property tax, $139 homeowners insurance, $219 utilities and $169 set aside for maintenance.
What is the property tax rate in Leroy?
Leroy has an effective property tax rate of 0.210%, based on a median home value of $202,600 and median real estate taxes of $426. That is lower than the Washington County average of 0.234%.
What is the average home price in Leroy?
The median owner-occupied home value in Leroy, Alabama is $202,600, against $152,800 across Washington County.
Is it cheaper to rent or buy in Leroy?
Rent data is not published for Leroy at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Leroy — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Alabama.
- 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.