Total monthly cost of ownership
Cost to Own a Home in Oroville, California
A $281,000 home here costs
$2,287per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,445. The real number is $842 higher every month — 58% 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.
Oroville against Butte County and California
| Measure | Oroville | Butte County |
|---|---|---|
| Median home value | $280,600 | $408,700 |
| Median property tax | $2,367 | $2,819 |
| Effective tax rate | 0.844% | 0.690% |
| Median gross rent | $1,074 | $1,369 |
| Population | 19,855 | 209,470 |
The weather behind that power bill
Oroville sits in Butte County, which averages a high of 95.8°F in its hottest month and a low of 39.6°F in its coldest, with 25.67" of precipitation a year and 57% of it in a single three-month stretch. That climate drives 1,747 cooling and 2,394 heating degree days, which is what sets the $299 electricity line above.
See the full climate breakdown for Butte County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Butte County
Full Butte County cost breakdown · Every county in California
Common questions
How much does it cost to own a home in Oroville?
A $281,000 home in Oroville, California costs approximately $2,287 per month with 20% down at 6.66%. That is $1,445 principal and interest, $198 property tax, $44 homeowners insurance, $367 utilities and $234 set aside for maintenance.
What is the property tax rate in Oroville?
Oroville has an effective property tax rate of 0.844%, based on a median home value of $280,600 and median real estate taxes of $2,367. That is higher than the Butte County average of 0.690%.
What is the average home price in Oroville?
The median owner-occupied home value in Oroville, California is $280,600, against $408,700 across Butte County.
Is it cheaper to rent or buy in Oroville?
Median gross rent in Oroville is $1,074 a month, against $2,287 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 Oroville — 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.