Total monthly cost of ownership
Cost to Own a Home in Webster City, Iowa
A $115,000 home here costs
$1,073per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $591. The real number is $482 higher every month — 81% 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.
Webster City against Hamilton County and Iowa
| Measure | Webster City | Hamilton County |
|---|---|---|
| Median home value | $115,400 | $132,300 |
| Median property tax | $1,693 | $1,807 |
| Effective tax rate | 1.467% | 1.366% |
| Median gross rent | $878 | $853 |
| Population | 7,769 | 14,893 |
The weather behind that power bill
Webster City sits in Hamilton County, which averages a high of 82.8°F in its hottest month and a low of 6.9°F in its coldest, with 37.24" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 618 cooling and 7,457 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Hamilton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hamilton County
Common questions
How much does it cost to own a home in Webster City?
A $115,000 home in Webster City, Iowa costs approximately $1,073 per month with 20% down at 6.66%. That is $591 principal and interest, $141 property tax, $50 homeowners insurance, $195 utilities and $96 set aside for maintenance.
What is the property tax rate in Webster City?
Webster City has an effective property tax rate of 1.467%, based on a median home value of $115,400 and median real estate taxes of $1,693. That is higher than the Hamilton County average of 1.366%.
What is the average home price in Webster City?
The median owner-occupied home value in Webster City, Iowa is $115,400, against $132,300 across Hamilton County.
Is it cheaper to rent or buy in Webster City?
Median gross rent in Webster City is $878 a month, against $1,073 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 Webster City — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Iowa.
- 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.