Total monthly cost of ownership
Cost to Own a Home in Nickerson, Kansas
A $67,000 home here costs
$746per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $344. The real number is $401 higher every month — 116% 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.
Nickerson against Reno County and Kansas
| Measure | Nickerson | Reno County |
|---|---|---|
| Median home value | $66,500 | $125,000 |
| Median property tax | $1,217 | $2,180 |
| Effective tax rate | 1.830% | 1.744% |
| Median gross rent | $844 | $857 |
| Population | 1,088 | 61,693 |
The weather behind that power bill
Nickerson sits in Reno County, which averages a high of 92.2°F in its hottest month and a low of 18.5°F in its coldest, with 30.29" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 1,489 cooling and 5,050 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Reno County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Reno County
Common questions
How much does it cost to own a home in Nickerson?
A $67,000 home in Nickerson, Kansas costs approximately $746 per month with 20% down at 6.66%. That is $344 principal and interest, $102 property tax, $39 homeowners insurance, $204 utilities and $56 set aside for maintenance.
What is the property tax rate in Nickerson?
Nickerson has an effective property tax rate of 1.830%, based on a median home value of $66,500 and median real estate taxes of $1,217. That is higher than the Reno County average of 1.744%.
What is the average home price in Nickerson?
The median owner-occupied home value in Nickerson, Kansas is $66,500, against $125,000 across Reno County.
Is it cheaper to rent or buy in Nickerson?
Median gross rent in Nickerson is $844 a month, against $746 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Nickerson — 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.