Total monthly cost of ownership
Cost to Own a Home in Craig Beach, Ohio
A $145,000 home here costs
$1,294per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $745. The real number is $548 higher every month — 74% 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.
Craig Beach against Mahoning County and Ohio
| Measure | Craig Beach | Mahoning County |
|---|---|---|
| Median home value | $144,600 | $141,100 |
| Median property tax | $1,556 | $1,975 |
| Effective tax rate | 1.076% | 1.400% |
| Median gross rent | $888 | $775 |
| Population | 1,398 | 227,063 |
The weather behind that power bill
Craig Beach sits in Mahoning County, which averages a high of 82.7°F in its hottest month and a low of 19.3°F in its coldest, with 41.19" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 633 cooling and 6,089 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Mahoning County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mahoning County
Common questions
How much does it cost to own a home in Craig Beach?
A $145,000 home in Craig Beach, Ohio costs approximately $1,294 per month with 20% down at 6.66%. That is $745 principal and interest, $130 property tax, $54 homeowners insurance, $243 utilities and $121 set aside for maintenance.
What is the property tax rate in Craig Beach?
Craig Beach has an effective property tax rate of 1.076%, based on a median home value of $144,600 and median real estate taxes of $1,556. That is lower than the Mahoning County average of 1.400%.
What is the average home price in Craig Beach?
The median owner-occupied home value in Craig Beach, Ohio is $144,600, against $141,100 across Mahoning County.
Is it cheaper to rent or buy in Craig Beach?
Median gross rent in Craig Beach is $888 a month, against $1,294 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 Craig Beach — 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.