Total monthly cost of ownership
Cost to Own a Home in White Oak, Texas
A $219,000 home here costs
$1,924per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $82,500 a year.
A standard mortgage calculator would have told you $1,213. The real number is $711 higher every month, 59% more than the payment most buyers budget for.
Compare Gregg County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
White Oak against Gregg County and Texas
| Measure | White Oak | Gregg County |
|---|---|---|
| Median home value | $219,200 | $185,800 |
| Median property tax | $1,700 | $2,271 |
| Effective tax rate | 0.776% | 1.222% |
| Median gross rent | $1,134 | $1,072 |
| Population | 6,208 | 124,860 |
The weather behind that power bill
White Oak sits in Gregg County, which averages a high of 94.7°F in its hottest month and a low of 36.7°F in its coldest, with 45.31" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,613 cooling and 2,136 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Gregg County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gregg County
Talk to someone who works this market
These are White Oak 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 White Oak every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in White Oak I already own here and may sell
Common questions
How much does it cost to own a home in White Oak?
A $219,000 home in White Oak, Texas costs approximately $1,924 per month with 20% down at 7.4%. That is $1,213 principal and interest, $142 property tax, $145 homeowners insurance, $242 utilities and $183 set aside for maintenance.
What is the property tax rate in White Oak?
White Oak has an effective property tax rate of 0.776%, based on a median home value of $219,200 and median real estate taxes of $1,700. That is lower than the Gregg County average of 1.222%.
What is the average home price in White Oak?
The median owner-occupied home value in White Oak, Texas is $219,200, against $185,800 across Gregg County.
Is it cheaper to rent or buy in White Oak?
Median gross rent in White Oak is $1,134 a month, against $1,924 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 White Oak?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in White Oak, Texas at today's rate takes a household income of roughly $82,500 a year. That covers the full $1,924 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for White Oak, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Texas.
- 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.