Total monthly cost of ownership
Cost to Own a Home in Village of Oak Creek (Big Park), Arizona
A $654,000 home here costs
$4,535per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $3,362. The real number is $1,172 higher every month — 35% 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.
Village of Oak Creek (Big Park) against Yavapai County and Arizona
| Measure | Village of Oak Creek (Big Park) | Yavapai County |
|---|---|---|
| Median home value | $654,000 | $392,900 |
| Median property tax | $3,418 | $1,734 |
| Effective tax rate | 0.523% | 0.441% |
| Median gross rent | $1,640 | $1,258 |
| Population | 6,340 | 241,656 |
The weather behind that power bill
Village of Oak Creek (Big Park) sits in Yavapai County, which averages a high of 90.3°F in its hottest month and a low of 25.5°F in its coldest, with 12.85" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 1,068 cooling and 4,056 heating degree days, which is what sets the $137 electricity line above.
See the full climate breakdown for Yavapai County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Yavapai County
Full Yavapai County cost breakdown · Every county in Arizona
Common questions
How much does it cost to own a home in Village of Oak Creek (Big Park)?
A $654,000 home in Village of Oak Creek (Big Park), Arizona costs approximately $4,535 per month with 20% down at 6.66%. That is $3,362 principal and interest, $285 property tax, $137 homeowners insurance, $205 utilities and $545 set aside for maintenance.
What is the property tax rate in Village of Oak Creek (Big Park)?
Village of Oak Creek (Big Park) has an effective property tax rate of 0.523%, based on a median home value of $654,000 and median real estate taxes of $3,418. That is higher than the Yavapai County average of 0.441%.
What is the average home price in Village of Oak Creek (Big Park)?
The median owner-occupied home value in Village of Oak Creek (Big Park), Arizona is $654,000, against $392,900 across Yavapai County.
Is it cheaper to rent or buy in Village of Oak Creek (Big Park)?
Median gross rent in Village of Oak Creek (Big Park) is $1,640 a month, against $4,535 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 Village of Oak Creek (Big Park) — 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.