Total monthly cost of ownership
Cost to Own a Home in Ogden, Iowa
A $156,000 home here costs
$1,480per 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 $63,500 a year.
A standard mortgage calculator would have told you $851. The real number is $629 higher every month, 74% more than the payment most buyers budget for.
Compare Boone County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Ogden from a five-year rolling sample, and with about 1,902 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 Boone 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.
Ogden against Boone County and Iowa
| Measure | Ogden | Boone County |
|---|---|---|
| Median home value | $155,800 | $191,200 |
| Median property tax | $2,651 | $2,741 |
| Effective tax rate | 1.702% | 1.434% |
| Median gross rent | $745 | $826 |
| Population | 1,902 | 26,669 |
The weather behind that power bill
Ogden sits in Boone County, which averages a high of 84.2°F in its hottest month and a low of 9.1°F in its coldest, with 39.14" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 799 cooling and 6,921 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Boone County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Boone County
Talk to someone who works this market
These are Ogden 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 Ogden every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Ogden?
A $156,000 home in Ogden, Iowa costs approximately $1,480 per month with 20% down at 7.24%. That is $851 principal and interest, $221 property tax, $68 homeowners insurance, $210 utilities and $130 set aside for maintenance.
What is the property tax rate in Ogden?
Ogden has an effective property tax rate of 1.702%, based on a median home value of $155,800 and median real estate taxes of $2,651. That is higher than the Boone County average of 1.434%.
What is the average home price in Ogden?
The median owner-occupied home value in Ogden, Iowa is $155,800, against $191,200 across Boone County.
Is it cheaper to rent or buy in Ogden?
Median gross rent in Ogden is $745 a month, against $1,480 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 Ogden?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Ogden, Iowa at today's rate takes a household income of roughly $63,500 a year. That covers the full $1,480 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ogden, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Iowa.
- 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.