Total monthly cost of ownership
Cost to Own a Home in Pinon, Arizona
A $106,000 home here costs
$972per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $41,500 a year.
A standard mortgage calculator would have told you $578. The real number is $394 higher every month, 68% more than the payment most buyers budget for.
Compare Navajo County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Pinon from a five-year rolling sample, and with about 1,183 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Navajo County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Pinon against Navajo County and Arizona
| Measure | Pinon | Navajo County |
|---|---|---|
| Median home value | $105,900 | $186,100 |
| Median property tax | — | $1,126 |
| Effective tax rate | 0.605% | 0.605% |
| Median gross rent | $579 | $832 |
| Population | 1,183 | 107,744 |
The weather behind that power bill
Pinon sits in Navajo County, which averages a high of 94.6°F in its hottest month and a low of 21.7°F in its coldest, with 6.52" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 1,328 cooling and 4,330 heating degree days, which is what sets the $162 electricity line above.
See the full climate breakdown for Navajo County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Navajo County
Talk to someone who works this market
These are Pinon averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Pinon every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Pinon?
A $106,000 home in Pinon, Arizona costs approximately $972 per month with 20% down at 7.24%. That is $578 principal and interest, $53 property tax, $22 homeowners insurance, $230 utilities and $88 set aside for maintenance.
What is the property tax rate in Pinon?
Place-level tax data is not published for Pinon, so the Navajo County rate of 0.605% applies here.
What is the average home price in Pinon?
The median owner-occupied home value in Pinon, Arizona is $105,900, against $186,100 across Navajo County.
Is it cheaper to rent or buy in Pinon?
Median gross rent in Pinon is $579 a month, against $972 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Pinon?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Pinon, Arizona at today's rate takes a household income of roughly $41,500 a year. That covers the full $972 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Pinon, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Arizona.
- 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.