Total monthly cost of ownership
Cost to Own a Home in Carrollton, Ohio
A $129,000 home here costs
$1,166per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $663. The real number is $503 higher every month — 76% 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.
Carrollton against Carroll County and Ohio
| Measure | Carrollton | Carroll County |
|---|---|---|
| Median home value | $129,400 | $174,500 |
| Median property tax | $1,247 | $1,688 |
| Effective tax rate | 0.964% | 0.967% |
| Median gross rent | $748 | $780 |
| Population | 3,073 | 26,731 |
The weather behind that power bill
Carrollton sits in Carroll County, which averages a high of 83.8°F in its hottest month and a low of 20.9°F in its coldest, with 38.67" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 779 cooling and 5,569 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Carroll County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Carroll County
Common questions
How much does it cost to own a home in Carrollton?
A $129,000 home in Carrollton, Ohio costs approximately $1,166 per month with 20% down at 6.66%. That is $663 principal and interest, $104 property tax, $48 homeowners insurance, $243 utilities and $108 set aside for maintenance.
What is the property tax rate in Carrollton?
Carrollton has an effective property tax rate of 0.964%, based on a median home value of $129,400 and median real estate taxes of $1,247. That is in line with the Carroll County average of 0.967%.
What is the average home price in Carrollton?
The median owner-occupied home value in Carrollton, Ohio is $129,400, against $174,500 across Carroll County.
Is it cheaper to rent or buy in Carrollton?
Median gross rent in Carrollton is $748 a month, against $1,166 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 Carrollton — 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.