Total monthly cost of ownership
Cost to Own a Home in New Kingman-Butler, Arizona
A $101,000 home here costs
$932per 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 $40,000 a year.
A standard mortgage calculator would have told you $551. The real number is $381 higher every month, 69% more than the payment most buyers budget for.
Compare Mohave County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
New Kingman-Butler against Mohave County and Arizona
| Measure | New Kingman-Butler | Mohave County |
|---|---|---|
| Median home value | $100,500 | $253,200 |
| Median property tax | $548 | $1,229 |
| Effective tax rate | 0.545% | 0.485% |
| Median gross rent | $936 | $1,047 |
| Population | 14,281 | 217,420 |
The weather behind that power bill
New Kingman-Butler sits in Mohave County, which averages a high of 98.7°F in its hottest month and a low of 30.2°F in its coldest, with 8" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 2,174 cooling and 3,012 heating degree days, which is what sets the $162 electricity line above.
See the full climate breakdown for Mohave County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mohave County
Talk to someone who works this market
These are New Kingman-Butler 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 New Kingman-Butler every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in New Kingman-Butler I already own here and may sell
Common questions
How much does it cost to own a home in New Kingman-Butler?
A $101,000 home in New Kingman-Butler, Arizona costs approximately $932 per month with 20% down at 7.24%. That is $551 principal and interest, $46 property tax, $21 homeowners insurance, $230 utilities and $84 set aside for maintenance.
What is the property tax rate in New Kingman-Butler?
New Kingman-Butler has an effective property tax rate of 0.545%, based on a median home value of $100,500 and median real estate taxes of $548. That is higher than the Mohave County average of 0.485%.
What is the average home price in New Kingman-Butler?
The median owner-occupied home value in New Kingman-Butler, Arizona is $100,500, against $253,200 across Mohave County.
Is it cheaper to rent or buy in New Kingman-Butler?
Median gross rent in New Kingman-Butler is $936 a month, against $932 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in New Kingman-Butler?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in New Kingman-Butler, Arizona at today's rate takes a household income of roughly $40,000 a year. That covers the full $932 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for New Kingman-Butler, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Arizona.
- 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.