Total monthly cost of ownership
Cost to Own a Home in Wink, Texas
A $137,000 home here costs
$1,234per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $704. The real number is $529 higher every month — 75% 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.
Wink against Winkler County and Texas
| Measure | Wink | Winkler County |
|---|---|---|
| Median home value | $137,200 | $121,200 |
| Median property tax | — | $1,154 |
| Effective tax rate | 0.952% | 0.952% |
| Median gross rent | $696 | $900 |
| Population | 1,328 | 7,540 |
The weather behind that power bill
Wink sits in Winkler County, which averages a high of 95.1°F in its hottest month and a low of 28.7°F in its coldest, with 12.6" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 2,260 cooling and 2,578 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Winkler County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Winkler County
Common questions
How much does it cost to own a home in Wink?
A $137,000 home in Wink, Texas costs approximately $1,234 per month with 20% down at 6.66%. That is $704 principal and interest, $109 property tax, $91 homeowners insurance, $216 utilities and $114 set aside for maintenance.
What is the property tax rate in Wink?
Place-level tax data is not published for Wink, so the Winkler County rate of 0.952% applies here.
What is the average home price in Wink?
The median owner-occupied home value in Wink, Texas is $137,200, against $121,200 across Winkler County.
Is it cheaper to rent or buy in Wink?
Median gross rent in Wink is $696 a month, against $1,234 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 Wink — 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.