Total monthly cost of ownership
Cost to Own a Home in Powell, Wyoming
A $265,000 home here costs
$2,103per 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 $90,000 a year.
A standard mortgage calculator would have told you $1,445. The real number is $658 higher every month, 46% more than the payment most buyers budget for.
Compare Park County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Powell against Park County and Wyoming
| Measure | Powell | Park County |
|---|---|---|
| Median home value | $265,400 | $374,200 |
| Median property tax | $1,787 | $2,115 |
| Effective tax rate | 0.673% | 0.565% |
| Median gross rent | $856 | $933 |
| Population | 6,466 | 30,109 |
The weather behind that power bill
Powell sits in Park County, which averages a high of 82.7°F in its hottest month and a low of 17.4°F in its coldest, with 10.34" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 229 cooling and 7,510 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Park County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Park County
Talk to someone who works this market
These are Powell 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 Powell every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Powell I already own here and may sell
Common questions
How much does it cost to own a home in Powell?
A $265,000 home in Powell, Wyoming costs approximately $2,103 per month with 20% down at 7.24%. That is $1,445 principal and interest, $149 property tax, $96 homeowners insurance, $193 utilities and $221 set aside for maintenance.
What is the property tax rate in Powell?
Powell has an effective property tax rate of 0.673%, based on a median home value of $265,400 and median real estate taxes of $1,787. That is higher than the Park County average of 0.565%.
What is the average home price in Powell?
The median owner-occupied home value in Powell, Wyoming is $265,400, against $374,200 across Park County.
Is it cheaper to rent or buy in Powell?
Median gross rent in Powell is $856 a month, against $2,103 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 Powell?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Powell, Wyoming at today's rate takes a household income of roughly $90,000 a year. That covers the full $2,103 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Powell, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Wyoming.
- 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.