Total monthly cost of ownership
Cost to Own a Home in North Newton, Kansas
A $203,000 home here costs
$1,869per 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 $80,000 a year.
A standard mortgage calculator would have told you $1,107. The real number is $762 higher every month, 69% more than the payment most buyers budget for.
Compare Harvey County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for North Newton from a five-year rolling sample, and with about 2,150 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 Harvey 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.
North Newton against Harvey County and Kansas
| Measure | North Newton | Harvey County |
|---|---|---|
| Median home value | $202,700 | $173,300 |
| Median property tax | $3,243 | $2,517 |
| Effective tax rate | 1.600% | 1.452% |
| Median gross rent | $798 | $891 |
| Population | 2,150 | 33,823 |
The weather behind that power bill
North Newton sits in Harvey County, which averages a high of 92.0°F in its hottest month and a low of 20.3°F in its coldest, with 33.77" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 1,658 cooling and 4,826 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Harvey County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Harvey County
Talk to someone who works this market
These are North Newton 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 North Newton every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in North Newton I already own here and may sell
Common questions
How much does it cost to own a home in North Newton?
A $203,000 home in North Newton, Kansas costs approximately $1,869 per month with 20% down at 7.24%. That is $1,107 principal and interest, $271 property tax, $118 homeowners insurance, $204 utilities and $169 set aside for maintenance.
What is the property tax rate in North Newton?
North Newton has an effective property tax rate of 1.600%, based on a median home value of $202,700 and median real estate taxes of $3,243. That is higher than the Harvey County average of 1.452%.
What is the average home price in North Newton?
The median owner-occupied home value in North Newton, Kansas is $202,700, against $173,300 across Harvey County.
Is it cheaper to rent or buy in North Newton?
Median gross rent in North Newton is $798 a month, against $1,869 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 North Newton?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in North Newton, Kansas at today's rate takes a household income of roughly $80,000 a year. That covers the full $1,869 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for North Newton, 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.