Total monthly cost of ownership
Cost to Own a Home in Woodbury, Tennessee
A $196,000 home here costs
$1,527per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,008. The real number is $519 higher every month — 52% 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.
Woodbury against Cannon County and Tennessee
| Measure | Woodbury | Cannon County |
|---|---|---|
| Median home value | $195,600 | $227,600 |
| Median property tax | $904 | $1,091 |
| Effective tax rate | 0.462% | 0.479% |
| Median gross rent | $692 | $781 |
| Population | 2,747 | 14,661 |
The weather behind that power bill
Woodbury sits in Cannon County, which averages a high of 89.5°F in its hottest month and a low of 26.7°F in its coldest, with 57.57" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,429 cooling and 3,796 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Cannon County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cannon County
No other places of this size are published in Cannon County.
Full Cannon County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Woodbury?
A $196,000 home in Woodbury, Tennessee costs approximately $1,527 per month with 20% down at 6.66%. That is $1,008 principal and interest, $75 property tax, $82 homeowners insurance, $198 utilities and $163 set aside for maintenance.
What is the property tax rate in Woodbury?
Woodbury has an effective property tax rate of 0.462%, based on a median home value of $195,600 and median real estate taxes of $904. That is lower than the Cannon County average of 0.479%.
What is the average home price in Woodbury?
The median owner-occupied home value in Woodbury, Tennessee is $195,600, against $227,600 across Cannon County.
Is it cheaper to rent or buy in Woodbury?
Median gross rent in Woodbury is $692 a month, against $1,527 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 Woodbury — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Tennessee.
- 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.