Cost to Own
United StatesAlabamaCalhoun CountyWeaver Population 3,323 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Weaver, Alabama

A $141,000 home here costs

$1,208

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $725. The real number is $484 higher every month — 67% more than the payment most buyers budget for.

Weaver median: $140,500
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $112,800 borrowed $725
Property tax0.435% effective rate for Weaver itself $51
Homeowners insuranceAlabama averages $1,610/yr (NAIC), or 0.819% of home value $96
Electricity16.77¢/kWh — Alabama residential average, EIA $151
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $118
Total monthly $1,208

Weaver against Calhoun County and Alabama

MeasureWeaverCalhoun County
Median home value$140,500$149,500
Median property tax$611$610
Effective tax rate0.435%0.408%
Median gross rent$1,007$804
Population3,323116,141

The weather behind that power bill

Weaver sits in Calhoun County, which averages a high of 90.2°F in its hottest month and a low of 34.0°F in its coldest, with 52.12" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,971 cooling and 2,634 heating degree days, which is what sets the $151 electricity line above.

See the full climate breakdown for Calhoun County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Calhoun County

Full Calhoun County cost breakdown · Every county in Alabama

Common questions

How much does it cost to own a home in Weaver?

A $141,000 home in Weaver, Alabama costs approximately $1,208 per month with 20% down at 6.66%. That is $725 principal and interest, $51 property tax, $96 homeowners insurance, $219 utilities and $118 set aside for maintenance.

What is the property tax rate in Weaver?

Weaver has an effective property tax rate of 0.435%, based on a median home value of $140,500 and median real estate taxes of $611. That is higher than the Calhoun County average of 0.408%.

What is the average home price in Weaver?

The median owner-occupied home value in Weaver, Alabama is $140,500, against $149,500 across Calhoun County.

Is it cheaper to rent or buy in Weaver?

Median gross rent in Weaver is $1,007 a month, against $1,208 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 Weaver — 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.

Full methodology