Total monthly cost of ownership
Cost to Own a Home in St. Clair County, Alabama
A $219,000 home here costs
$1,692per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,126. The real number is $566 higher every month — 50% 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.
How St. Clair County compares
St. Clair County ranks 3,075th of 3,133 US counties by effective property tax rate, meaning property taxes here are lower than in 58 counties and higher than in 3,074. Within Alabama it ranks 48th of 67.
The numbers behind this page
| Measure | St. Clair County | Source |
|---|---|---|
| Median home value | $218,500 | ACS B25077 |
| Median real estate taxes paid | $666 | ACS B25103 |
| Effective property tax rate | 0.305% | Derived |
| Median gross rent | $1,077 | ACS B25064 |
| Occupied housing units | 34,477 | ACS B25003 |
| Population | 92,903 | ACS B01003 |
| Residential electricity price | 16.77¢/kWh | EIA 5.6.A |
| 30-year fixed mortgage rate | 6.66% | Freddie Mac PMMS |
Other counties in Alabama
Compare the cost of the same home elsewhere in the state.
Questions about owning here
What is the property tax rate in St. Clair County?
The effective property tax rate in St. Clair County, Alabama is 0.305% of home value per year. On the county's median home value of $218,500, that works out to about $666 annually, or $56 per month.
How much does it cost to own a home in St. Clair County?
A $219,000 home in St. Clair County, Alabama costs approximately $1,692 per month with 20% down at 6.66%. That breaks down as $1,126 principal and interest, $56 property tax, $110 insurance, $219 utilities and $183 set aside for maintenance.
Why is this higher than the payment my lender quoted?
Lender quotes usually show principal and interest only, and sometimes property tax and insurance. They almost never include electricity, water or a maintenance reserve. Here those add about $401 a month, which is why the real cost is 50% above the mortgage payment alone.
Is it cheaper to rent in St. Clair County?
Median gross rent in St. Clair County, Alabama is $1,077 per month, compared with $1,692 to own the median home outright. Renting is cheaper month to month, though rent does not build equity and is not fixed for 30 years.
How much is the electric bill in St. Clair County?
Alabama residential electricity averages 16.77¢ per kWh. At the US average household usage of 899 kWh per month, that is about $151. Actual bills vary considerably with house size, insulation and climate.
Sources & methodology
- Median home value, real estate taxes paid, gross rent, occupied units and population — US Census Bureau, American Community Survey ACS 2023 5-Year, tables B25077, B25103, B25064, B25003, B01003.
- Effective property tax rate — median real estate taxes paid divided by median home value.
- Mortgage rate — Freddie Mac PMMS, updated weekly.
- Residential electricity price — US Energy Information Administration, Electric Power Monthly, Table 5.6.A.
- Homeowners insurance (0.60%/yr), maintenance (1%/yr) and water and sewer ($68/mo) are modelled national estimates, not quoted figures. Every one is editable above.