Total monthly cost of ownership
Cost to Own a Home in Timberline-Fernwood, Arizona
A $572,000 home here costs
$4,171per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $179,000 a year.
A standard mortgage calculator would have told you $3,168. The real number is $1,003 higher every month, 32% more than the payment most buyers budget for.
Compare Coconino County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Timberline-Fernwood from a five-year rolling sample, and with about 2,326 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 Coconino 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.
Timberline-Fernwood against Coconino County and Arizona
| Measure | Timberline-Fernwood | Coconino County |
|---|---|---|
| Median home value | $572,100 | $413,200 |
| Median property tax | $2,073 | $2,008 |
| Effective tax rate | 0.362% | 0.486% |
| Median gross rent | $1,744 | $1,406 |
| Population | 2,326 | 144,643 |
The weather behind that power bill
Timberline-Fernwood sits in Coconino County, which averages a high of 84.9°F in its hottest month and a low of 14.1°F in its coldest, with 13.36" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 162 cooling and 6,799 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Coconino County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Coconino County
Full Coconino County cost breakdown · Every county in Arizona
Talk to someone who works this market
These are Timberline-Fernwood 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 Timberline-Fernwood every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Timberline-Fernwood I already own here and may sell
Common questions
How much does it cost to own a home in Timberline-Fernwood?
A $572,000 home in Timberline-Fernwood, Arizona costs approximately $4,171 per month with 20% down at 7.4%. That is $3,168 principal and interest, $173 property tax, $120 homeowners insurance, $233 utilities and $477 set aside for maintenance.
What is the property tax rate in Timberline-Fernwood?
Timberline-Fernwood has an effective property tax rate of 0.362%, based on a median home value of $572,100 and median real estate taxes of $2,073. That is lower than the Coconino County average of 0.486%.
What is the average home price in Timberline-Fernwood?
The median owner-occupied home value in Timberline-Fernwood, Arizona is $572,100, against $413,200 across Coconino County.
Is it cheaper to rent or buy in Timberline-Fernwood?
Median gross rent in Timberline-Fernwood is $1,744 a month, against $4,171 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 Timberline-Fernwood?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Timberline-Fernwood, Arizona at today's rate takes a household income of roughly $179,000 a year. That covers the full $4,171 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Timberline-Fernwood, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Arizona.
- 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.