Total monthly cost of ownership
Cost to Own a Home in Ashtabula, Ohio
A $99,000 home here costs
$1,010per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $43,500 a year.
A standard mortgage calculator would have told you $540. The real number is $470 higher every month, 87% more than the payment most buyers budget for.
Compare Ashtabula County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Ashtabula against Ashtabula County and Ohio
| Measure | Ashtabula | Ashtabula County |
|---|---|---|
| Median home value | $99,200 | $149,600 |
| Median property tax | $1,429 | $1,890 |
| Effective tax rate | 1.441% | 1.263% |
| Median gross rent | $790 | $816 |
| Population | 17,919 | 97,343 |
The weather behind that power bill
Ashtabula sits in Ashtabula County, which averages a high of 81.0°F in its hottest month and a low of 19.1°F in its coldest, with 37.07" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 523 cooling and 6,372 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Ashtabula County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ashtabula County
Talk to someone who works this market
These are Ashtabula averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Ashtabula every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Ashtabula?
A $99,000 home in Ashtabula, Ohio costs approximately $1,010 per month with 20% down at 7.24%. That is $540 principal and interest, $119 property tax, $37 homeowners insurance, $232 utilities and $83 set aside for maintenance.
What is the property tax rate in Ashtabula?
Ashtabula has an effective property tax rate of 1.441%, based on a median home value of $99,200 and median real estate taxes of $1,429. That is higher than the Ashtabula County average of 1.263%.
What is the average home price in Ashtabula?
The median owner-occupied home value in Ashtabula, Ohio is $99,200, against $149,600 across Ashtabula County.
Is it cheaper to rent or buy in Ashtabula?
Median gross rent in Ashtabula is $790 a month, against $1,010 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Ashtabula?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Ashtabula, Ohio at today's rate takes a household income of roughly $43,500 a year. That covers the full $1,010 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ashtabula, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Ohio.
- 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.