Total monthly cost of ownership
Cost to Own a Home in Swisher, Iowa
A $250,000 home here costs
$2,227per month, all in, with 20% down at today's 7.32% 30-year fixed rate. By the 28% rule that takes a household income of about $95,500 a year.
A standard mortgage calculator would have told you $1,374. The real number is $853 higher every month, 62% more than the payment most buyers budget for.
Compare Johnson County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Swisher from a five-year rolling sample, and with about 1,064 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Johnson County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Swisher against Johnson County and Iowa
| Measure | Swisher | Johnson County |
|---|---|---|
| Median home value | $249,800 | $293,100 |
| Median property tax | $3,907 | $4,587 |
| Effective tax rate | 1.564% | 1.565% |
| Median gross rent | $958 | $1,104 |
| Population | 1,064 | 154,881 |
The weather behind that power bill
Swisher sits in Johnson County, which averages a high of 85.8°F in its hottest month and a low of 14.6°F in its coldest, with 35.68" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 1,045 cooling and 6,114 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Johnson County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Johnson County
Talk to someone who works this market
These are Swisher 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 Swisher every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Swisher I already own here and may sell
Common questions
How much does it cost to own a home in Swisher?
A $250,000 home in Swisher, Iowa costs approximately $2,227 per month with 20% down at 7.32%. That is $1,374 principal and interest, $326 property tax, $109 homeowners insurance, $210 utilities and $208 set aside for maintenance.
What is the property tax rate in Swisher?
Swisher has an effective property tax rate of 1.564%, based on a median home value of $249,800 and median real estate taxes of $3,907. That is in line with the Johnson County average of 1.565%.
What is the average home price in Swisher?
The median owner-occupied home value in Swisher, Iowa is $249,800, against $293,100 across Johnson County.
Is it cheaper to rent or buy in Swisher?
Median gross rent in Swisher is $958 a month, against $2,227 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 Swisher?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Swisher, Iowa at today's rate takes a household income of roughly $95,500 a year. That covers the full $2,227 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Swisher, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Iowa.
- 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.