Total monthly cost of ownership
Cost to Own a Home in Nixon, Texas
A $78,000 home here costs
$801per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $401. The real number is $400 higher every month — 100% 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.
Nixon against Wilson County and Texas
| Measure | Nixon | Wilson County |
|---|---|---|
| Median home value | $78,100 | $286,300 |
| Median property tax | $813 | $3,726 |
| Effective tax rate | 1.041% | 1.301% |
| Median gross rent | $1,011 | $1,069 |
| Population | 2,363 | 51,501 |
Nixon extends across 2 counties. Figures here use Wilson County, where most of its housing sits.
The weather behind that power bill
Nixon sits in Wilson County, which averages a high of 97.6°F in its hottest month and a low of 39.0°F in its coldest, with 31.63" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 3,178 cooling and 1,472 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Wilson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wilson County
Common questions
How much does it cost to own a home in Nixon?
A $78,000 home in Nixon, Texas costs approximately $801 per month with 20% down at 6.66%. That is $401 principal and interest, $68 property tax, $52 homeowners insurance, $216 utilities and $65 set aside for maintenance.
What is the property tax rate in Nixon?
Nixon has an effective property tax rate of 1.041%, based on a median home value of $78,100 and median real estate taxes of $813. That is lower than the Wilson County average of 1.301%.
What is the average home price in Nixon?
The median owner-occupied home value in Nixon, Texas is $78,100, against $286,300 across Wilson County.
Is it cheaper to rent or buy in Nixon?
Median gross rent in Nixon is $1,011 a month, against $801 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 Nixon — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Texas.
- 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.