Total monthly cost of ownership
Cost to Own a Home in Spearville, Kansas
A $185,000 home here costs
$1,637per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $951. The real number is $686 higher every month — 72% 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.
Spearville against Ford County and Kansas
| Measure | Spearville | Ford County |
|---|---|---|
| Median home value | $185,400 | $132,700 |
| Median property tax | $2,650 | $2,190 |
| Effective tax rate | 1.429% | 1.650% |
| Median gross rent | $775 | $960 |
| Population | 1,054 | 34,133 |
The weather behind that power bill
Spearville sits in Ford County, which averages a high of 93.7°F in its hottest month and a low of 20.3°F in its coldest, with 22" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 1,549 cooling and 4,815 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Ford County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ford County
Common questions
How much does it cost to own a home in Spearville?
A $185,000 home in Spearville, Kansas costs approximately $1,637 per month with 20% down at 6.66%. That is $951 principal and interest, $220 property tax, $108 homeowners insurance, $204 utilities and $154 set aside for maintenance.
What is the property tax rate in Spearville?
Spearville has an effective property tax rate of 1.429%, based on a median home value of $185,400 and median real estate taxes of $2,650. That is lower than the Ford County average of 1.650%.
What is the average home price in Spearville?
The median owner-occupied home value in Spearville, Kansas is $185,400, against $132,700 across Ford County.
Is it cheaper to rent or buy in Spearville?
Median gross rent in Spearville is $775 a month, against $1,637 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 Spearville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Kansas.
- 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.