Total monthly cost of ownership
Cost to Own a Home in Bradford, Ohio
A $126,000 home here costs
$1,150per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $648. The real number is $502 higher every month — 78% 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.
Bradford against Miami County and Ohio
| Measure | Bradford | Miami County |
|---|---|---|
| Median home value | $125,500 | $209,200 |
| Median property tax | $1,276 | $2,106 |
| Effective tax rate | 1.017% | 1.007% |
| Median gross rent | $856 | $942 |
| Population | 1,615 | 109,549 |
Bradford extends across 2 counties. Figures here use Miami County, where most of its housing sits.
The weather behind that power bill
Bradford sits in Miami County, which averages a high of 85.9°F in its hottest month and a low of 21.8°F in its coldest, with 41.33" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,154 cooling and 5,149 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Miami County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Miami County
Common questions
How much does it cost to own a home in Bradford?
A $126,000 home in Bradford, Ohio costs approximately $1,150 per month with 20% down at 6.66%. That is $648 principal and interest, $107 property tax, $47 homeowners insurance, $243 utilities and $105 set aside for maintenance.
What is the property tax rate in Bradford?
Bradford has an effective property tax rate of 1.017%, based on a median home value of $125,500 and median real estate taxes of $1,276. That is higher than the Miami County average of 1.007%.
What is the average home price in Bradford?
The median owner-occupied home value in Bradford, Ohio is $125,500, against $209,200 across Miami County.
Is it cheaper to rent or buy in Bradford?
Median gross rent in Bradford is $856 a month, against $1,150 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 Bradford — 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.