Cost to Own
United StatesAlabamaDale CountyOzark Population 14,348 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Ozark, Alabama

A $139,000 home here costs

$1,186

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

A standard mortgage calculator would have told you $715. The real number is $472 higher every month — 66% more than the payment most buyers budget for.

Ozark median: $138,600
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, $111,200 borrowed $715
Property tax0.363% effective rate for Ozark itself $42
Homeowners insuranceAlabama averages $1,610/yr (NAIC), or 0.819% of home value $95
Electricity16.77¢/kWh — Alabama residential average, EIA $151
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $116
Total monthly $1,186

Ozark against Dale County and Alabama

MeasureOzarkDale County
Median home value$138,600$129,100
Median property tax$503$426
Effective tax rate0.363%0.330%
Median gross rent$773$863
Population14,34849,516

The weather behind that power bill

Ozark sits in Dale County, which averages a high of 93.3°F in its hottest month and a low of 39.8°F in its coldest, with 53.85" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,686 cooling and 1,633 heating degree days, which is what sets the $151 electricity line above.

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

Other cities in Dale County

Full Dale County cost breakdown · Every county in Alabama

Common questions

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

A $139,000 home in Ozark, Alabama costs approximately $1,186 per month with 20% down at 6.66%. That is $715 principal and interest, $42 property tax, $95 homeowners insurance, $219 utilities and $116 set aside for maintenance.

What is the property tax rate in Ozark?

Ozark has an effective property tax rate of 0.363%, based on a median home value of $138,600 and median real estate taxes of $503. That is higher than the Dale County average of 0.330%.

What is the average home price in Ozark?

The median owner-occupied home value in Ozark, Alabama is $138,600, against $129,100 across Dale County.

Is it cheaper to rent or buy in Ozark?

Median gross rent in Ozark is $773 a month, against $1,186 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 Ozark — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Alabama.
  • 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