Total monthly cost of ownership
Cost to Own a Home in Pierce, Colorado
A $296,000 home here costs
$2,185per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,522. The real number is $663 higher every month — 44% 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.
Pierce against Weld County and Colorado
| Measure | Pierce | Weld County |
|---|---|---|
| Median home value | $295,600 | $444,500 |
| Median property tax | $1,403 | $2,242 |
| Effective tax rate | 0.475% | 0.504% |
| Median gross rent | $1,302 | $1,469 |
| Population | 1,102 | 340,711 |
The weather behind that power bill
Pierce sits in Weld County, which averages a high of 90.0°F in its hottest month and a low of 9.4°F in its coldest, with 13.43" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 600 cooling and 6,855 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Weld County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Weld County
Common questions
How much does it cost to own a home in Pierce?
A $296,000 home in Pierce, Colorado costs approximately $2,185 per month with 20% down at 6.66%. That is $1,522 principal and interest, $117 property tax, $86 homeowners insurance, $213 utilities and $247 set aside for maintenance.
What is the property tax rate in Pierce?
Pierce has an effective property tax rate of 0.475%, based on a median home value of $295,600 and median real estate taxes of $1,403. That is lower than the Weld County average of 0.504%.
What is the average home price in Pierce?
The median owner-occupied home value in Pierce, Colorado is $295,600, against $444,500 across Weld County.
Is it cheaper to rent or buy in Pierce?
Median gross rent in Pierce is $1,302 a month, against $2,185 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 Pierce — 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.