Total monthly cost of ownership
Cost to Own a Home in Beverly, Ohio
A $159,000 home here costs
$1,353per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $817. The real number is $536 higher every month — 66% 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.
Beverly against Washington County and Ohio
| Measure | Beverly | Washington County |
|---|---|---|
| Median home value | $159,400 | $174,100 |
| Median property tax | $1,208 | $1,665 |
| Effective tax rate | 0.758% | 0.956% |
| Median gross rent | $706 | $828 |
| Population | 1,584 | 59,318 |
The weather behind that power bill
Beverly sits in Washington County, which averages a high of 85.3°F in its hottest month and a low of 23.7°F in its coldest, with 42.51" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,000 cooling and 4,888 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Washington County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Washington County
Full Washington County cost breakdown · Every county in Ohio
Common questions
How much does it cost to own a home in Beverly?
A $159,000 home in Beverly, Ohio costs approximately $1,353 per month with 20% down at 6.66%. That is $817 principal and interest, $100 property tax, $59 homeowners insurance, $243 utilities and $133 set aside for maintenance.
What is the property tax rate in Beverly?
Beverly has an effective property tax rate of 0.758%, based on a median home value of $159,400 and median real estate taxes of $1,208. That is lower than the Washington County average of 0.956%.
What is the average home price in Beverly?
The median owner-occupied home value in Beverly, Ohio is $159,400, against $174,100 across Washington County.
Is it cheaper to rent or buy in Beverly?
Median gross rent in Beverly is $706 a month, against $1,353 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 Beverly — 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.