Total monthly cost of ownership
Cost to Own a Home in Plainview, Tennessee
A $151,000 home here costs
$1,215per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $776. The real number is $438 higher every month — 56% 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.
Plainview against Union County and Tennessee
| Measure | Plainview | Union County |
|---|---|---|
| Median home value | $151,200 | $186,300 |
| Median property tax | $612 | $720 |
| Effective tax rate | 0.405% | 0.386% |
| Median gross rent | $873 | $849 |
| Population | 2,276 | 20,141 |
The weather behind that power bill
Plainview sits in Union County, which averages a high of 85.1°F in its hottest month and a low of 25.2°F in its coldest, with 57.67" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 974 cooling and 4,385 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Union County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Union County
Full Union County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Plainview?
A $151,000 home in Plainview, Tennessee costs approximately $1,215 per month with 20% down at 6.66%. That is $776 principal and interest, $51 property tax, $64 homeowners insurance, $198 utilities and $126 set aside for maintenance.
What is the property tax rate in Plainview?
Plainview has an effective property tax rate of 0.405%, based on a median home value of $151,200 and median real estate taxes of $612. That is higher than the Union County average of 0.386%.
What is the average home price in Plainview?
The median owner-occupied home value in Plainview, Tennessee is $151,200, against $186,300 across Union County.
Is it cheaper to rent or buy in Plainview?
Median gross rent in Plainview is $873 a month, against $1,215 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 Plainview — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Tennessee.
- 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.