Total monthly cost of ownership
Cost to Own a Home in Tuskegee, Alabama
A $99,000 home here costs
$918per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $509. The real number is $409 higher every month — 80% 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.
Tuskegee against Macon County and Alabama
| Measure | Tuskegee | Macon County |
|---|---|---|
| Median home value | $98,500 | $95,700 |
| Median property tax | $484 | $468 |
| Effective tax rate | 0.491% | 0.489% |
| Median gross rent | $706 | $709 |
| Population | 9,070 | 18,951 |
The weather behind that power bill
Tuskegee sits in Macon County, which averages a high of 90.4°F in its hottest month and a low of 33.8°F in its coldest, with 53.98" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,942 cooling and 2,552 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Macon County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Macon County
No other places of this size are published in Macon County.
Common questions
How much does it cost to own a home in Tuskegee?
A $99,000 home in Tuskegee, Alabama costs approximately $918 per month with 20% down at 6.66%. That is $509 principal and interest, $41 property tax, $68 homeowners insurance, $219 utilities and $83 set aside for maintenance.
What is the property tax rate in Tuskegee?
Tuskegee has an effective property tax rate of 0.491%, based on a median home value of $98,500 and median real estate taxes of $484. That is in line with the Macon County average of 0.489%.
What is the average home price in Tuskegee?
The median owner-occupied home value in Tuskegee, Alabama is $98,500, against $95,700 across Macon County.
Is it cheaper to rent or buy in Tuskegee?
Median gross rent in Tuskegee is $706 a month, against $918 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 Tuskegee — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Alabama.
- 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.