Total monthly cost of ownership
Cost to Own a Home in Whitesboro, Alabama
A $118,000 home here costs
$1,032per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $607. The real number is $426 higher every month — 70% 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.
Whitesboro against Etowah County and Alabama
| Measure | Whitesboro | Etowah County |
|---|---|---|
| Median home value | $117,900 | $160,600 |
| Median property tax | $337 | $585 |
| Effective tax rate | 0.286% | 0.364% |
| Median gross rent | $946 | $807 |
| Population | 2,098 | 103,208 |
The weather behind that power bill
Whitesboro sits in Etowah County, which averages a high of 90.9°F in its hottest month and a low of 32.8°F in its coldest, with 57.64" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,018 cooling and 2,782 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Etowah County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Etowah County
Common questions
How much does it cost to own a home in Whitesboro?
A $118,000 home in Whitesboro, Alabama costs approximately $1,032 per month with 20% down at 6.66%. That is $607 principal and interest, $28 property tax, $81 homeowners insurance, $219 utilities and $98 set aside for maintenance.
What is the property tax rate in Whitesboro?
Whitesboro has an effective property tax rate of 0.286%, based on a median home value of $117,900 and median real estate taxes of $337. That is lower than the Etowah County average of 0.364%.
What is the average home price in Whitesboro?
The median owner-occupied home value in Whitesboro, Alabama is $117,900, against $160,600 across Etowah County.
Is it cheaper to rent or buy in Whitesboro?
Median gross rent in Whitesboro is $946 a month, against $1,032 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 Whitesboro — 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.