Total monthly cost of ownership
Cost to Own a Home in Wheatland, California
A $387,000 home here costs
$2,979per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $127,500 a year.
A standard mortgage calculator would have told you $2,110. The real number is $869 higher every month, 41% more than the payment most buyers budget for.
Compare Yuba County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Wheatland from a five-year rolling sample, and with about 3,790 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Yuba County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Wheatland against Yuba County and California
| Measure | Wheatland | Yuba County |
|---|---|---|
| Median home value | $387,300 | $380,000 |
| Median property tax | $3,229 | $2,865 |
| Effective tax rate | 0.834% | 0.754% |
| Median gross rent | $1,210 | $1,209 |
| Population | 3,790 | 83,079 |
The weather behind that power bill
Wheatland sits in Yuba County, which averages a high of 96.2°F in its hottest month and a low of 37.7°F in its coldest, with 20.07" of precipitation a year and 56% of it in a single three-month stretch. That climate drives 1,499 cooling and 2,551 heating degree days, which is what sets the $150 electricity line above.
See the full climate breakdown for Yuba County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Yuba County
Full Yuba County cost breakdown · Every county in California
Talk to someone who works this market
These are Wheatland averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Wheatland every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Wheatland I already own here and may sell
Common questions
How much does it cost to own a home in Wheatland?
A $387,000 home in Wheatland, California costs approximately $2,979 per month with 20% down at 7.24%. That is $2,110 principal and interest, $269 property tax, $60 homeowners insurance, $218 utilities and $323 set aside for maintenance.
What is the property tax rate in Wheatland?
Wheatland has an effective property tax rate of 0.834%, based on a median home value of $387,300 and median real estate taxes of $3,229. That is higher than the Yuba County average of 0.754%.
What is the average home price in Wheatland?
The median owner-occupied home value in Wheatland, California is $387,300, against $380,000 across Yuba County.
Is it cheaper to rent or buy in Wheatland?
Median gross rent in Wheatland is $1,210 a month, against $2,979 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Wheatland?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Wheatland, California at today's rate takes a household income of roughly $127,500 a year. That covers the full $2,979 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Wheatland, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for California.
- 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.