Total monthly cost of ownership
Cost to Own a Home in Susanville, California
A $234,000 home here costs
$1,868per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $80,000 a year.
A standard mortgage calculator would have told you $1,276. The real number is $592 higher every month, 46% more than the payment most buyers budget for.
Compare Lassen 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.
Susanville against Lassen County and California
| Measure | Susanville | Lassen County |
|---|---|---|
| Median home value | $234,000 | $259,500 |
| Median property tax | $1,720 | $1,868 |
| Effective tax rate | 0.735% | 0.720% |
| Median gross rent | $905 | $1,043 |
| Population | 14,992 | 31,177 |
The weather behind that power bill
Susanville sits in Lassen County, which averages a high of 88.0°F in its hottest month and a low of 22.3°F in its coldest, with 13.02" of precipitation a year and 51% of it in a single three-month stretch. That climate drives 456 cooling and 5,834 heating degree days, which is what sets the $150 electricity line above.
See the full climate breakdown for Lassen County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lassen County
Full Lassen County cost breakdown · Every county in California
Talk to someone who works this market
These are Susanville 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 Susanville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Susanville I already own here and may sell
Common questions
How much does it cost to own a home in Susanville?
A $234,000 home in Susanville, California costs approximately $1,868 per month with 20% down at 7.24%. That is $1,276 principal and interest, $143 property tax, $36 homeowners insurance, $218 utilities and $195 set aside for maintenance.
What is the property tax rate in Susanville?
Susanville has an effective property tax rate of 0.735%, based on a median home value of $234,000 and median real estate taxes of $1,720. That is higher than the Lassen County average of 0.720%.
What is the average home price in Susanville?
The median owner-occupied home value in Susanville, California is $234,000, against $259,500 across Lassen County.
Is it cheaper to rent or buy in Susanville?
Median gross rent in Susanville is $905 a month, against $1,868 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 Susanville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Susanville, California at today's rate takes a household income of roughly $80,000 a year. That covers the full $1,868 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Susanville, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for California.
- 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.