Cost to Own
United StatesCaliforniaSanta Barbara CountyOrcutt Population 31,284 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Orcutt, California

A $587,000 home here costs

$4,347

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $3,018. The real number is $1,329 higher every month — 44% more than the payment most buyers budget for.

Orcutt median: $587,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $469,600 borrowed $3,018
Property tax0.781% effective rate for Orcutt itself $382
Homeowners insuranceCalifornia averages $1,403/yr (NAIC), or 0.186% of home value $91
Electricity33.25¢/kWh — California residential average, EIA $299
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $489
Total monthly $4,347

Orcutt against Santa Barbara County and California

MeasureOrcuttSanta Barbara County
Median home value$587,000$735,700
Median property tax$4,586$4,870
Effective tax rate0.781%0.662%
Median gross rent$2,094$2,050
Population31,284443,975

The weather behind that power bill

Orcutt sits in Santa Barbara County, which averages a high of 93.2°F in its hottest month and a low of 33.4°F in its coldest, with 21.13" of precipitation a year and 65% of it in a single three-month stretch. That climate drives 657 cooling and 2,432 heating degree days, which is what sets the $299 electricity line above.

See the full climate breakdown for Santa Barbara County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Santa Barbara County

Full Santa Barbara County cost breakdown · Every county in California

Common questions

How much does it cost to own a home in Orcutt?

A $587,000 home in Orcutt, California costs approximately $4,347 per month with 20% down at 6.66%. That is $3,018 principal and interest, $382 property tax, $91 homeowners insurance, $367 utilities and $489 set aside for maintenance.

What is the property tax rate in Orcutt?

Orcutt has an effective property tax rate of 0.781%, based on a median home value of $587,000 and median real estate taxes of $4,586. That is higher than the Santa Barbara County average of 0.662%.

What is the average home price in Orcutt?

The median owner-occupied home value in Orcutt, California is $587,000, against $735,700 across Santa Barbara County.

Is it cheaper to rent or buy in Orcutt?

Median gross rent in Orcutt is $2,094 a month, against $4,347 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 Orcutt — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for California.
  • 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.

Full methodology