Total monthly cost of ownership
Cost to Own a Home in Fairfield Beach, Ohio
A $202,000 home here costs
$1,731per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $74,000 a year.
A standard mortgage calculator would have told you $1,101. The real number is $630 higher every month, 57% more than the payment most buyers budget for.
Compare Fairfield County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Fairfield Beach from a five-year rolling sample, and with about 1,159 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Fairfield County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Fairfield Beach against Fairfield County and Ohio
| Measure | Fairfield Beach | Fairfield County |
|---|---|---|
| Median home value | $201,900 | $272,200 |
| Median property tax | $1,849 | $3,123 |
| Effective tax rate | 0.916% | 1.147% |
| Median gross rent | — | $1,114 |
| Population | 1,159 | 161,289 |
The weather behind that power bill
Fairfield Beach sits in Fairfield County, which averages a high of 84.4°F in its hottest month and a low of 20.3°F in its coldest, with 40.3" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 824 cooling and 5,472 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Fairfield County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Fairfield County
Talk to someone who works this market
These are Fairfield Beach averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Fairfield Beach every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Fairfield Beach I already own here and may sell
Common questions
How much does it cost to own a home in Fairfield Beach?
A $202,000 home in Fairfield Beach, Ohio costs approximately $1,731 per month with 20% down at 7.24%. That is $1,101 principal and interest, $154 property tax, $75 homeowners insurance, $232 utilities and $168 set aside for maintenance.
What is the property tax rate in Fairfield Beach?
Fairfield Beach has an effective property tax rate of 0.916%, based on a median home value of $201,900 and median real estate taxes of $1,849. That is lower than the Fairfield County average of 1.147%.
What is the average home price in Fairfield Beach?
The median owner-occupied home value in Fairfield Beach, Ohio is $201,900, against $272,200 across Fairfield County.
Is it cheaper to rent or buy in Fairfield Beach?
Rent data is not published for Fairfield Beach at this level of detail.
What salary do you need to buy a home in Fairfield Beach?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Fairfield Beach, Ohio at today's rate takes a household income of roughly $74,000 a year. That covers the full $1,731 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Fairfield 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.