Cost to Own
United StatesKansasMarion CountyMarion Population 2,010 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Marion, Kansas

A $90,000 home here costs

$979

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $463. The real number is $517 higher every month — 112% more than the payment most buyers budget for.

Marion median: $89,600
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $72,000 borrowed $463
Property tax2.470% effective rate for Marion itself $185
Homeowners insuranceKansas averages $1,491/yr (NAIC), or 0.7% of home value $52
Electricity15.13¢/kWh — Kansas residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $75
Total monthly $979

Marion against Marion County and Kansas

MeasureMarionMarion County
Median home value$89,600$114,400
Median property tax$2,213$1,974
Effective tax rate2.470%1.726%
Median gross rent$688$727
Population2,01011,795

The weather behind that power bill

Marion sits in Marion County, which averages a high of 92.2°F in its hottest month and a low of 21.3°F in its coldest, with 33.94" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 1,707 cooling and 4,725 heating degree days, which is what sets the $136 electricity line above.

See the full climate breakdown for Marion County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Marion County

Full Marion County cost breakdown · Every county in Kansas

Common questions

How much does it cost to own a home in Marion?

A $90,000 home in Marion, Kansas costs approximately $979 per month with 20% down at 6.66%. That is $463 principal and interest, $185 property tax, $52 homeowners insurance, $204 utilities and $75 set aside for maintenance.

What is the property tax rate in Marion?

Marion has an effective property tax rate of 2.470%, based on a median home value of $89,600 and median real estate taxes of $2,213. That is higher than the Marion County average of 1.726%.

What is the average home price in Marion?

The median owner-occupied home value in Marion, Kansas is $89,600, against $114,400 across Marion County.

Is it cheaper to rent or buy in Marion?

Median gross rent in Marion is $688 a month, against $979 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 Marion — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Kansas.
  • 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.

Full methodology