Total monthly cost of ownership
Cost to Own a Home in Silverthorne, Colorado
A $691,000 home here costs
$4,743per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $3,552. The real number is $1,190 higher every month — 34% 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.
Silverthorne against Summit County and Colorado
| Measure | Silverthorne | Summit County |
|---|---|---|
| Median home value | $691,300 | $850,700 |
| Median property tax | $2,415 | $2,641 |
| Effective tax rate | 0.349% | 0.310% |
| Median gross rent | $1,804 | $1,851 |
| Population | 4,657 | 30,857 |
The weather behind that power bill
Silverthorne sits in Summit County, which averages a high of 75.0°F in its hottest month and a low of 1.5°F in its coldest, with 14.89" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 0 cooling and 10,736 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Summit County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Summit County
Full Summit County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Silverthorne?
A $691,000 home in Silverthorne, Colorado costs approximately $4,743 per month with 20% down at 6.66%. That is $3,552 principal and interest, $201 property tax, $200 homeowners insurance, $213 utilities and $576 set aside for maintenance.
What is the property tax rate in Silverthorne?
Silverthorne has an effective property tax rate of 0.349%, based on a median home value of $691,300 and median real estate taxes of $2,415. That is higher than the Summit County average of 0.310%.
What is the average home price in Silverthorne?
The median owner-occupied home value in Silverthorne, Colorado is $691,300, against $850,700 across Summit County.
Is it cheaper to rent or buy in Silverthorne?
Median gross rent in Silverthorne is $1,804 a month, against $4,743 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 Silverthorne — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Colorado.
- 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.