Total monthly cost of ownership
Cost to Own a Home in Caldwell, Ohio
A $114,000 home here costs
$1,048per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $586. The real number is $462 higher every month — 79% 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.
Caldwell against Noble County and Ohio
| Measure | Caldwell | Noble County |
|---|---|---|
| Median home value | $114,000 | $149,300 |
| Median property tax | $968 | $1,178 |
| Effective tax rate | 0.849% | 0.789% |
| Median gross rent | $608 | $730 |
| Population | 1,872 | 14,252 |
The weather behind that power bill
Caldwell sits in Noble County, which averages a high of 84.8°F in its hottest month and a low of 21.7°F in its coldest, with 38.57" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 914 cooling and 5,268 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Noble County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Noble County
No other places of this size are published in Noble County.
Common questions
How much does it cost to own a home in Caldwell?
A $114,000 home in Caldwell, Ohio costs approximately $1,048 per month with 20% down at 6.66%. That is $586 principal and interest, $81 property tax, $42 homeowners insurance, $243 utilities and $95 set aside for maintenance.
What is the property tax rate in Caldwell?
Caldwell has an effective property tax rate of 0.849%, based on a median home value of $114,000 and median real estate taxes of $968. That is higher than the Noble County average of 0.789%.
What is the average home price in Caldwell?
The median owner-occupied home value in Caldwell, Ohio is $114,000, against $149,300 across Noble County.
Is it cheaper to rent or buy in Caldwell?
Median gross rent in Caldwell is $608 a month, against $1,048 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 Caldwell — 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.