Total monthly cost of ownership
Cost to Own a Home in Snyder, Texas
A $103,000 home here costs
$1,031per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $530. The real number is $501 higher every month — 95% 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.
Snyder against Scurry County and Texas
| Measure | Snyder | Scurry County |
|---|---|---|
| Median home value | $102,500 | $110,800 |
| Median property tax | $1,572 | $1,761 |
| Effective tax rate | 1.534% | 1.589% |
| Median gross rent | $929 | $913 |
| Population | 11,310 | 16,633 |
The weather behind that power bill
Snyder sits in Scurry County, which averages a high of 95.6°F in its hottest month and a low of 28.9°F in its coldest, with 21.77" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 2,267 cooling and 2,853 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Scurry County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Scurry County
No other places of this size are published in Scurry County.
Common questions
How much does it cost to own a home in Snyder?
A $103,000 home in Snyder, Texas costs approximately $1,031 per month with 20% down at 6.66%. That is $530 principal and interest, $132 property tax, $68 homeowners insurance, $216 utilities and $86 set aside for maintenance.
What is the property tax rate in Snyder?
Snyder has an effective property tax rate of 1.534%, based on a median home value of $102,500 and median real estate taxes of $1,572. That is lower than the Scurry County average of 1.589%.
What is the average home price in Snyder?
The median owner-occupied home value in Snyder, Texas is $102,500, against $110,800 across Scurry County.
Is it cheaper to rent or buy in Snyder?
Median gross rent in Snyder is $929 a month, against $1,031 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 Snyder — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Texas.
- 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.