Total monthly cost of ownership
Cost to Own a Home in Maquoketa, Iowa
A $127,000 home here costs
$1,145per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $653. The real number is $492 higher every month — 75% 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.
Maquoketa against Clinton County and Iowa
| Measure | Maquoketa | Clinton County |
|---|---|---|
| Median home value | $126,800 | $153,800 |
| Median property tax | $1,627 | $2,382 |
| Effective tax rate | 1.283% | 1.549% |
| Median gross rent | $745 | $825 |
| Population | 6,105 | 46,383 |
Maquoketa extends across 2 counties. Figures here use Clinton County, where most of its housing sits.
The weather behind that power bill
Maquoketa sits in Clinton County, which averages a high of 83.8°F in its hottest month and a low of 14.0°F in its coldest, with 36.17" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 879 cooling and 6,326 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Clinton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clinton County
Common questions
How much does it cost to own a home in Maquoketa?
A $127,000 home in Maquoketa, Iowa costs approximately $1,145 per month with 20% down at 6.66%. That is $653 principal and interest, $136 property tax, $55 homeowners insurance, $195 utilities and $106 set aside for maintenance.
What is the property tax rate in Maquoketa?
Maquoketa has an effective property tax rate of 1.283%, based on a median home value of $126,800 and median real estate taxes of $1,627. That is lower than the Clinton County average of 1.549%.
What is the average home price in Maquoketa?
The median owner-occupied home value in Maquoketa, Iowa is $126,800, against $153,800 across Clinton County.
Is it cheaper to rent or buy in Maquoketa?
Median gross rent in Maquoketa is $745 a month, against $1,145 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 Maquoketa — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Iowa.
- 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.