Total monthly cost of ownership
Cost to Own a Home in Orange, Texas
A $147,000 home here costs
$1,360per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $756. The real number is $604 higher every month — 80% 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.
Orange against Orange County and Texas
| Measure | Orange | Orange County |
|---|---|---|
| Median home value | $147,200 | $163,400 |
| Median property tax | $2,025 | $2,036 |
| Effective tax rate | 1.376% | 1.246% |
| Median gross rent | $1,032 | $1,018 |
| Population | 19,178 | 84,993 |
The weather behind that power bill
Orange sits in Orange County, which averages a high of 93.1°F in its hottest month and a low of 43.8°F in its coldest, with 62.13" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 3,075 cooling and 1,262 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Orange County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Orange County
Common questions
How much does it cost to own a home in Orange?
A $147,000 home in Orange, Texas costs approximately $1,360 per month with 20% down at 6.66%. That is $756 principal and interest, $169 property tax, $97 homeowners insurance, $216 utilities and $123 set aside for maintenance.
What is the property tax rate in Orange?
Orange has an effective property tax rate of 1.376%, based on a median home value of $147,200 and median real estate taxes of $2,025. That is higher than the Orange County average of 1.246%.
What is the average home price in Orange?
The median owner-occupied home value in Orange, Texas is $147,200, against $163,400 across Orange County.
Is it cheaper to rent or buy in Orange?
Median gross rent in Orange is $1,032 a month, against $1,360 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Orange — 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.