Total monthly cost of ownership
Cost to Own a Home in Rocky Point, Washington
A $532,000 home here costs
$3,870per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,735. The real number is $1,135 higher every month — 41% 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.
Rocky Point against Kitsap County and Washington
| Measure | Rocky Point | Kitsap County |
|---|---|---|
| Median home value | $531,600 | $505,700 |
| Median property tax | $4,915 | $4,030 |
| Effective tax rate | 0.925% | 0.797% |
| Median gross rent | $1,560 | $1,741 |
| Population | 1,648 | 276,581 |
The weather behind that power bill
Rocky Point sits in Kitsap County, which averages a high of 77.3°F in its hottest month and a low of 35.0°F in its coldest, with 56.93" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 193 cooling and 4,825 heating degree days, which is what sets the $134 electricity line above.
See the full climate breakdown for Kitsap County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kitsap County
Full Kitsap County cost breakdown · Every county in Washington
Common questions
How much does it cost to own a home in Rocky Point?
A $532,000 home in Rocky Point, Washington costs approximately $3,870 per month with 20% down at 6.66%. That is $2,735 principal and interest, $410 property tax, $79 homeowners insurance, $202 utilities and $443 set aside for maintenance.
What is the property tax rate in Rocky Point?
Rocky Point has an effective property tax rate of 0.925%, based on a median home value of $531,600 and median real estate taxes of $4,915. That is higher than the Kitsap County average of 0.797%.
What is the average home price in Rocky Point?
The median owner-occupied home value in Rocky Point, Washington is $531,600, against $505,700 across Kitsap County.
Is it cheaper to rent or buy in Rocky Point?
Median gross rent in Rocky Point is $1,560 a month, against $3,870 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 Rocky Point — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Washington.
- 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.