Total monthly cost of ownership
Cost to Own a Home in Beckett Ridge, Ohio
A $297,000 home here costs
$2,602per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $111,500 a year.
A standard mortgage calculator would have told you $1,645. The real number is $957 higher every month, 58% more than the payment most buyers budget for.
Compare Butler 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.
Beckett Ridge against Butler County and Ohio
| Measure | Beckett Ridge | Butler County |
|---|---|---|
| Median home value | $297,300 | $243,000 |
| Median property tax | $4,407 | $3,010 |
| Effective tax rate | 1.482% | 1.239% |
| Median gross rent | $1,629 | $1,098 |
| Population | 9,451 | 389,910 |
The weather behind that power bill
Beckett Ridge sits in Butler County, which averages a high of 86.8°F in its hottest month and a low of 21.5°F in its coldest, with 41.42" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,067 cooling and 5,111 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Butler County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Butler County
Talk to someone who works this market
These are Beckett Ridge 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 Beckett Ridge every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Beckett Ridge I already own here and may sell
Common questions
How much does it cost to own a home in Beckett Ridge?
A $297,000 home in Beckett Ridge, Ohio costs approximately $2,602 per month with 20% down at 7.4%. That is $1,645 principal and interest, $367 property tax, $110 homeowners insurance, $233 utilities and $248 set aside for maintenance.
What is the property tax rate in Beckett Ridge?
Beckett Ridge has an effective property tax rate of 1.482%, based on a median home value of $297,300 and median real estate taxes of $4,407. That is higher than the Butler County average of 1.239%.
What is the average home price in Beckett Ridge?
The median owner-occupied home value in Beckett Ridge, Ohio is $297,300, against $243,000 across Butler County.
Is it cheaper to rent or buy in Beckett Ridge?
Median gross rent in Beckett Ridge is $1,629 a month, against $2,602 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 Beckett Ridge?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Beckett Ridge, Ohio at today's rate takes a household income of roughly $111,500 a year. That covers the full $2,602 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Beckett Ridge, 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.