Cost to Own
United StatesTennesseeJefferson CountyStrawberry Plains Population 2,531 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Strawberry Plains, Tennessee

A $180,000 home here costs

$1,398

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $925. The real number is $472 higher every month — 51% more than the payment most buyers budget for.

Strawberry Plains median: $180,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $144,000 borrowed $925
Property tax0.324% effective rate for Strawberry Plains itself $49
Homeowners insuranceTennessee averages $1,368/yr (NAIC), or 0.505% of home value $76
Electricity14.47¢/kWh — Tennessee residential average, EIA $130
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $150
Total monthly $1,398

Strawberry Plains against Jefferson County and Tennessee

MeasureStrawberry PlainsJefferson County
Median home value$180,000$210,000
Median property tax$584$990
Effective tax rate0.324%0.471%
Median gross rent$676$880
Population2,53155,835

The weather behind that power bill

Strawberry Plains sits in Jefferson County, which averages a high of 87.0°F in its hottest month and a low of 24.5°F in its coldest, with 48.53" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,042 cooling and 4,338 heating degree days, which is what sets the $130 electricity line above.

See the full climate breakdown for Jefferson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Jefferson County

Full Jefferson County cost breakdown · Every county in Tennessee

Common questions

How much does it cost to own a home in Strawberry Plains?

A $180,000 home in Strawberry Plains, Tennessee costs approximately $1,398 per month with 20% down at 6.66%. That is $925 principal and interest, $49 property tax, $76 homeowners insurance, $198 utilities and $150 set aside for maintenance.

What is the property tax rate in Strawberry Plains?

Strawberry Plains has an effective property tax rate of 0.324%, based on a median home value of $180,000 and median real estate taxes of $584. That is lower than the Jefferson County average of 0.471%.

What is the average home price in Strawberry Plains?

The median owner-occupied home value in Strawberry Plains, Tennessee is $180,000, against $210,000 across Jefferson County.

Is it cheaper to rent or buy in Strawberry Plains?

Median gross rent in Strawberry Plains is $676 a month, against $1,398 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 Strawberry Plains — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Tennessee.
  • 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.

Full methodology