Total monthly cost of ownership
Cost to Own a Home in Penngrove, California
A $1,193,000 home here costs
$8,306per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $6,133. The real number is $2,172 higher every month — 35% 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.
Penngrove against Sonoma County and California
| Measure | Penngrove | Sonoma County |
|---|---|---|
| Median home value | $1,193,100 | $779,000 |
| Median property tax | $7,515 | $5,580 |
| Effective tax rate | 0.630% | 0.716% |
| Median gross rent | $2,454 | $2,093 |
| Population | 2,123 | 485,642 |
The weather behind that power bill
Penngrove sits in Sonoma County, which averages a high of 84.1°F in its hottest month and a low of 36.9°F in its coldest, with 33.78" of precipitation a year and 60% of it in a single three-month stretch. That climate drives 410 cooling and 2,904 heating degree days, which is what sets the $299 electricity line above.
See the full climate breakdown for Sonoma County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sonoma County
Full Sonoma County cost breakdown · Every county in California
Common questions
How much does it cost to own a home in Penngrove?
A $1,193,000 home in Penngrove, California costs approximately $8,306 per month with 20% down at 6.66%. That is $6,133 principal and interest, $626 property tax, $185 homeowners insurance, $367 utilities and $994 set aside for maintenance.
What is the property tax rate in Penngrove?
Penngrove has an effective property tax rate of 0.630%, based on a median home value of $1,193,100 and median real estate taxes of $7,515. That is lower than the Sonoma County average of 0.716%.
What is the average home price in Penngrove?
The median owner-occupied home value in Penngrove, California is $1,193,100, against $779,000 across Sonoma County.
Is it cheaper to rent or buy in Penngrove?
Median gross rent in Penngrove is $2,454 a month, against $8,306 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 Penngrove — 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.