Cost to Own
United StatesOhioTuscarawas CountyDennison Population 2,356 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Dennison, Ohio

A $95,000 home here costs

$922

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $488. The real number is $434 higher every month — 89% more than the payment most buyers budget for.

Dennison median: $95,200
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $76,000 borrowed $488
Property tax0.959% effective rate for Dennison itself $76
Homeowners insuranceOhio averages $920/yr (NAIC), or 0.446% of home value $35
Electricity19.52¢/kWh — Ohio residential average, EIA $175
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $79
Total monthly $922

Dennison against Tuscarawas County and Ohio

MeasureDennisonTuscarawas County
Median home value$95,200$176,800
Median property tax$913$1,910
Effective tax rate0.959%1.080%
Median gross rent$806$876
Population2,35692,585

The weather behind that power bill

Dennison sits in Tuscarawas 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 Tuscarawas County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Tuscarawas County

Full Tuscarawas County cost breakdown · Every county in Ohio

Common questions

How much does it cost to own a home in Dennison?

A $95,000 home in Dennison, Ohio costs approximately $922 per month with 20% down at 6.66%. That is $488 principal and interest, $76 property tax, $35 homeowners insurance, $243 utilities and $79 set aside for maintenance.

What is the property tax rate in Dennison?

Dennison has an effective property tax rate of 0.959%, based on a median home value of $95,200 and median real estate taxes of $913. That is lower than the Tuscarawas County average of 1.080%.

What is the average home price in Dennison?

The median owner-occupied home value in Dennison, Ohio is $95,200, against $176,800 across Tuscarawas County.

Is it cheaper to rent or buy in Dennison?

Median gross rent in Dennison is $806 a month, against $922 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 Dennison — 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.

Full methodology