Total monthly cost of ownership
Cost to Own a Home in Santa Clara, Utah
A $510,000 home here costs
$3,663per month, all in, with 20% down at today's 7.32% 30-year fixed rate. By the 28% rule that takes a household income of about $157,000 a year.
A standard mortgage calculator would have told you $2,803. The real number is $860 higher every month, 31% more than the payment most buyers budget for.
Compare Washington 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.
Santa Clara against Washington County and Utah
| Measure | Santa Clara | Washington County |
|---|---|---|
| Median home value | $509,600 | $465,600 |
| Median property tax | $2,247 | $2,076 |
| Effective tax rate | 0.441% | 0.446% |
| Median gross rent | $1,912 | $1,464 |
| Population | 7,891 | 189,827 |
The weather behind that power bill
Santa Clara sits in Washington County, which averages a high of 92.1°F in its hottest month and a low of 27.6°F in its coldest, with 14.23" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 1,211 cooling and 4,258 heating degree days, which is what sets the $103 electricity line above.
See the full climate breakdown for Washington County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Washington County
Full Washington County cost breakdown · Every county in Utah
Talk to someone who works this market
These are Santa Clara 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 Santa Clara every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Santa Clara I already own here and may sell
Common questions
How much does it cost to own a home in Santa Clara?
A $510,000 home in Santa Clara, Utah costs approximately $3,663 per month with 20% down at 7.32%. That is $2,803 principal and interest, $187 property tax, $77 homeowners insurance, $171 utilities and $425 set aside for maintenance.
What is the property tax rate in Santa Clara?
Santa Clara has an effective property tax rate of 0.441%, based on a median home value of $509,600 and median real estate taxes of $2,247. That is in line with the Washington County average of 0.446%.
What is the average home price in Santa Clara?
The median owner-occupied home value in Santa Clara, Utah is $509,600, against $465,600 across Washington County.
Is it cheaper to rent or buy in Santa Clara?
Median gross rent in Santa Clara is $1,912 a month, against $3,663 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 Santa Clara?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Santa Clara, Utah at today's rate takes a household income of roughly $157,000 a year. That covers the full $3,663 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Santa Clara, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Utah.
- 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.