Total monthly cost of ownership
Cost to Own a Home in Five Points, Ohio
A $546,000 home here costs
$4,551per 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 $195,000 a year.
A standard mortgage calculator would have told you $2,977. The real number is $1,574 higher every month, 53% more than the payment most buyers budget for.
Compare Warren County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Five Points from a five-year rolling sample, and with about 1,928 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 Warren 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.
Five Points against Warren County and Ohio
| Measure | Five Points | Warren County |
|---|---|---|
| Median home value | $545,700 | $319,700 |
| Median property tax | $8,202 | $4,076 |
| Effective tax rate | 1.503% | 1.275% |
| Median gross rent | — | $1,293 |
| Population | 1,928 | 246,364 |
The weather behind that power bill
Five Points sits in Warren County, which averages a high of 85.9°F in its hottest month and a low of 22.0°F in its coldest, with 40.97" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,099 cooling and 5,033 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Warren County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Warren County
Talk to someone who works this market
These are Five Points 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 Five Points every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Five Points I already own here and may sell
Common questions
How much does it cost to own a home in Five Points?
A $546,000 home in Five Points, Ohio costs approximately $4,551 per month with 20% down at 7.24%. That is $2,977 principal and interest, $684 property tax, $203 homeowners insurance, $232 utilities and $455 set aside for maintenance.
What is the property tax rate in Five Points?
Five Points has an effective property tax rate of 1.503%, based on a median home value of $545,700 and median real estate taxes of $8,202. That is higher than the Warren County average of 1.275%.
What is the average home price in Five Points?
The median owner-occupied home value in Five Points, Ohio is $545,700, against $319,700 across Warren County.
Is it cheaper to rent or buy in Five Points?
Rent data is not published for Five Points at this level of detail.
What salary do you need to buy a home in Five Points?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Five Points, Ohio at today's rate takes a household income of roughly $195,000 a year. That covers the full $4,551 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Five Points, 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.