Total monthly cost of ownership
Cost to Own a Home in Syracuse, Kansas
A $124,000 home here costs
$1,165per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $637. The real number is $528 higher every month — 83% 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.
Syracuse against Hamilton County and Kansas
| Measure | Syracuse | Hamilton County |
|---|---|---|
| Median home value | $124,400 | $119,700 |
| Median property tax | $1,781 | $1,881 |
| Effective tax rate | 1.432% | 1.571% |
| Median gross rent | $773 | $778 |
| Population | 1,706 | 2,485 |
The weather behind that power bill
Syracuse sits in Hamilton County, which averages a high of 92.9°F in its hottest month and a low of 13.5°F in its coldest, with 17.01" of precipitation a year and 50% of it in a single three-month stretch. That climate drives 1,217 cooling and 5,424 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Hamilton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hamilton County
No other places of this size are published in Hamilton County.
Full Hamilton County cost breakdown · Every county in Kansas
Common questions
How much does it cost to own a home in Syracuse?
A $124,000 home in Syracuse, Kansas costs approximately $1,165 per month with 20% down at 6.66%. That is $637 principal and interest, $148 property tax, $72 homeowners insurance, $204 utilities and $103 set aside for maintenance.
What is the property tax rate in Syracuse?
Syracuse has an effective property tax rate of 1.432%, based on a median home value of $124,400 and median real estate taxes of $1,781. That is lower than the Hamilton County average of 1.571%.
What is the average home price in Syracuse?
The median owner-occupied home value in Syracuse, Kansas is $124,400, against $119,700 across Hamilton County.
Is it cheaper to rent or buy in Syracuse?
Median gross rent in Syracuse is $773 a month, against $1,165 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 Syracuse — 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.