Total monthly cost of ownership
Cost to Own a Home in Marceline, Missouri
A $96,000 home here costs
$943per 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 $40,500 a year.
A standard mortgage calculator would have told you $523. The real number is $420 higher every month, 80% more than the payment most buyers budget for.
Compare Linn County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Marceline from a five-year rolling sample, and with about 2,269 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 Linn 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.
Marceline against Linn County and Missouri
| Measure | Marceline | Linn County |
|---|---|---|
| Median home value | $96,000 | $117,300 |
| Median property tax | $736 | $899 |
| Effective tax rate | 0.767% | 0.766% |
| Median gross rent | $618 | $612 |
| Population | 2,269 | 11,850 |
Marceline extends across 2 counties. Figures here use Linn County, where most of its housing sits.
The weather behind that power bill
Marceline sits in Linn County, which averages a high of 85.2°F in its hottest month and a low of 17.8°F in its coldest, with 40.07" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 1,053 cooling and 5,562 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Linn County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Linn County
Talk to someone who works this market
These are Marceline 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 Marceline every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Marceline I already own here and may sell
Common questions
How much does it cost to own a home in Marceline?
A $96,000 home in Marceline, Missouri costs approximately $943 per month with 20% down at 7.24%. That is $523 principal and interest, $61 property tax, $50 homeowners insurance, $228 utilities and $80 set aside for maintenance.
What is the property tax rate in Marceline?
Marceline has an effective property tax rate of 0.767%, based on a median home value of $96,000 and median real estate taxes of $736. That is in line with the Linn County average of 0.766%.
What is the average home price in Marceline?
The median owner-occupied home value in Marceline, Missouri is $96,000, against $117,300 across Linn County.
Is it cheaper to rent or buy in Marceline?
Median gross rent in Marceline is $618 a month, against $943 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 Marceline?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Marceline, Missouri at today's rate takes a household income of roughly $40,500 a year. That covers the full $943 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Marceline, 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.