Total monthly cost of ownership
Cost to Own a Home in Willard, Missouri
A $204,000 home here costs
$1,658per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,049. The real number is $610 higher every month — 58% 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.
Willard against Greene County and Missouri
| Measure | Willard | Greene County |
|---|---|---|
| Median home value | $204,300 | $203,500 |
| Median property tax | $1,709 | $1,469 |
| Effective tax rate | 0.837% | 0.722% |
| Median gross rent | $1,130 | $940 |
| Population | 6,418 | 301,121 |
The weather behind that power bill
Willard sits in Greene County, which averages a high of 89.6°F in its hottest month and a low of 24.2°F in its coldest, with 44.71" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,540 cooling and 4,277 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Greene County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Greene County
Full Greene County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Willard?
A $204,000 home in Willard, Missouri costs approximately $1,658 per month with 20% down at 6.66%. That is $1,049 principal and interest, $142 property tax, $106 homeowners insurance, $191 utilities and $170 set aside for maintenance.
What is the property tax rate in Willard?
Willard has an effective property tax rate of 0.837%, based on a median home value of $204,300 and median real estate taxes of $1,709. That is higher than the Greene County average of 0.722%.
What is the average home price in Willard?
The median owner-occupied home value in Willard, Missouri is $204,300, against $203,500 across Greene County.
Is it cheaper to rent or buy in Willard?
Median gross rent in Willard is $1,130 a month, against $1,658 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 Willard — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Missouri.
- 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.