Total monthly cost of ownership
Cost to Own a Home in Tioga, Texas
A $291,000 home here costs
$2,484per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,496. The real number is $988 higher every month — 66% 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.
Tioga against Grayson County and Texas
| Measure | Tioga | Grayson County |
|---|---|---|
| Median home value | $290,900 | $228,300 |
| Median property tax | $4,050 | $2,953 |
| Effective tax rate | 1.392% | 1.293% |
| Median gross rent | $1,637 | $1,178 |
| Population | 1,212 | 139,988 |
The weather behind that power bill
Tioga sits in Grayson County, which averages a high of 92.7°F in its hottest month and a low of 33.9°F in its coldest, with 44.29" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,261 cooling and 2,727 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Grayson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Grayson County
Common questions
How much does it cost to own a home in Tioga?
A $291,000 home in Tioga, Texas costs approximately $2,484 per month with 20% down at 6.66%. That is $1,496 principal and interest, $338 property tax, $193 homeowners insurance, $216 utilities and $243 set aside for maintenance.
What is the property tax rate in Tioga?
Tioga has an effective property tax rate of 1.392%, based on a median home value of $290,900 and median real estate taxes of $4,050. That is higher than the Grayson County average of 1.293%.
What is the average home price in Tioga?
The median owner-occupied home value in Tioga, Texas is $290,900, against $228,300 across Grayson County.
Is it cheaper to rent or buy in Tioga?
Median gross rent in Tioga is $1,637 a month, against $2,484 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 Tioga — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Texas.
- 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.