Total monthly cost of ownership
Cost to Own a Home in Linn, Missouri
A $157,000 home here costs
$1,378per 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 $59,000 a year.
A standard mortgage calculator would have told you $856. The real number is $522 higher every month, 61% more than the payment most buyers budget for.
Compare Osage County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Linn from a five-year rolling sample, and with about 1,302 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 Osage 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.
Linn against Osage County and Missouri
| Measure | Linn | Osage County |
|---|---|---|
| Median home value | $157,400 | $205,700 |
| Median property tax | $980 | $1,222 |
| Effective tax rate | 0.623% | 0.594% |
| Median gross rent | $691 | $644 |
| Population | 1,302 | 13,379 |
The weather behind that power bill
Linn sits in Osage County, which averages a high of 87.7°F in its hottest month and a low of 20.5°F in its coldest, with 44.34" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,240 cooling and 4,932 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Osage County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Osage County
Talk to someone who works this market
These are Linn 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 Linn every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Linn?
A $157,000 home in Linn, Missouri costs approximately $1,378 per month with 20% down at 7.24%. That is $856 principal and interest, $82 property tax, $82 homeowners insurance, $228 utilities and $131 set aside for maintenance.
What is the property tax rate in Linn?
Linn has an effective property tax rate of 0.623%, based on a median home value of $157,400 and median real estate taxes of $980. That is higher than the Osage County average of 0.594%.
What is the average home price in Linn?
The median owner-occupied home value in Linn, Missouri is $157,400, against $205,700 across Osage County.
Is it cheaper to rent or buy in Linn?
Median gross rent in Linn is $691 a month, against $1,378 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 Linn?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Linn, Missouri at today's rate takes a household income of roughly $59,000 a year. That covers the full $1,378 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Linn, 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.