Total monthly cost of ownership
Cost to Own a Home in Phillipsburg, Kansas
A $94,000 home here costs
$989per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $483. The real number is $506 higher every month — 105% 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.
Phillipsburg against Phillips County and Kansas
| Measure | Phillipsburg | Phillips County |
|---|---|---|
| Median home value | $93,900 | $94,700 |
| Median property tax | $2,024 | $1,607 |
| Effective tax rate | 2.155% | 1.697% |
| Median gross rent | $654 | $621 |
| Population | 2,132 | 4,874 |
The weather behind that power bill
Phillipsburg sits in Phillips County, which averages a high of 92.5°F in its hottest month and a low of 16.3°F in its coldest, with 25.63" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 1,359 cooling and 5,636 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Phillips County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Phillips County
No other places of this size are published in Phillips County.
Full Phillips County cost breakdown · Every county in Kansas
Common questions
How much does it cost to own a home in Phillipsburg?
A $94,000 home in Phillipsburg, Kansas costs approximately $989 per month with 20% down at 6.66%. That is $483 principal and interest, $169 property tax, $55 homeowners insurance, $204 utilities and $78 set aside for maintenance.
What is the property tax rate in Phillipsburg?
Phillipsburg has an effective property tax rate of 2.155%, based on a median home value of $93,900 and median real estate taxes of $2,024. That is higher than the Phillips County average of 1.697%.
What is the average home price in Phillipsburg?
The median owner-occupied home value in Phillipsburg, Kansas is $93,900, against $94,700 across Phillips County.
Is it cheaper to rent or buy in Phillipsburg?
Median gross rent in Phillipsburg is $654 a month, against $989 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 Phillipsburg — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Kansas.
- 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.