Total monthly cost of ownership
Cost to Own a Home in Park Center, Colorado
A $338,000 home here costs
$2,450per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,738. The real number is $713 higher every month — 41% 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.
Park Center against Fremont County and Colorado
| Measure | Park Center | Fremont County |
|---|---|---|
| Median home value | $337,800 | $282,100 |
| Median property tax | $1,435 | $1,081 |
| Effective tax rate | 0.425% | 0.383% |
| Median gross rent | $1,242 | $1,036 |
| Population | 2,544 | 49,394 |
The weather behind that power bill
Park Center sits in Fremont County, which averages a high of 89.2°F in its hottest month and a low of 18.4°F in its coldest, with 13.72" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 751 cooling and 5,440 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Fremont County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Fremont County
Full Fremont County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Park Center?
A $338,000 home in Park Center, Colorado costs approximately $2,450 per month with 20% down at 6.66%. That is $1,738 principal and interest, $120 property tax, $98 homeowners insurance, $213 utilities and $282 set aside for maintenance.
What is the property tax rate in Park Center?
Park Center has an effective property tax rate of 0.425%, based on a median home value of $337,800 and median real estate taxes of $1,435. That is higher than the Fremont County average of 0.383%.
What is the average home price in Park Center?
The median owner-occupied home value in Park Center, Colorado is $337,800, against $282,100 across Fremont County.
Is it cheaper to rent or buy in Park Center?
Median gross rent in Park Center is $1,242 a month, against $2,450 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 Park Center — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Colorado.
- 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.