Total monthly cost of ownership
Cost to Own a Home in Tarkio, Missouri
A $87,000 home here costs
$921per 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 $39,500 a year.
A standard mortgage calculator would have told you $474. The real number is $446 higher every month, 94% more than the payment most buyers budget for.
Compare Atchison County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Tarkio from a five-year rolling sample, and with about 1,478 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 Atchison 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.
Tarkio against Atchison County and Missouri
| Measure | Tarkio | Atchison County |
|---|---|---|
| Median home value | $86,900 | $100,600 |
| Median property tax | $1,199 | $1,178 |
| Effective tax rate | 1.380% | 1.171% |
| Median gross rent | $608 | $595 |
| Population | 1,478 | 5,216 |
The weather behind that power bill
Tarkio sits in Atchison County, which averages a high of 88.1°F in its hottest month and a low of 16.7°F in its coldest, with 34.71" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 1,238 cooling and 5,541 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Atchison County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Atchison County
Full Atchison County cost breakdown · Every county in Missouri
Talk to someone who works this market
These are Tarkio 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 Tarkio every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Tarkio I already own here and may sell
Common questions
How much does it cost to own a home in Tarkio?
A $87,000 home in Tarkio, Missouri costs approximately $921 per month with 20% down at 7.24%. That is $474 principal and interest, $100 property tax, $45 homeowners insurance, $228 utilities and $73 set aside for maintenance.
What is the property tax rate in Tarkio?
Tarkio has an effective property tax rate of 1.380%, based on a median home value of $86,900 and median real estate taxes of $1,199. That is higher than the Atchison County average of 1.171%.
What is the average home price in Tarkio?
The median owner-occupied home value in Tarkio, Missouri is $86,900, against $100,600 across Atchison County.
Is it cheaper to rent or buy in Tarkio?
Median gross rent in Tarkio is $608 a month, against $921 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 Tarkio?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Tarkio, Missouri at today's rate takes a household income of roughly $39,500 a year. That covers the full $921 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Tarkio, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Missouri.
- 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.