Total monthly cost of ownership
Cost to Own a Home in Gallipolis, Ohio
A $120,000 home here costs
$1,128per 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 $48,500 a year.
A standard mortgage calculator would have told you $654. The real number is $473 higher every month, 72% more than the payment most buyers budget for.
Compare Gallia County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Gallipolis from a five-year rolling sample, and with about 3,352 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 Gallia 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.
Gallipolis against Gallia County and Ohio
| Measure | Gallipolis | Gallia County |
|---|---|---|
| Median home value | $119,800 | $135,000 |
| Median property tax | $1,160 | $1,351 |
| Effective tax rate | 0.968% | 1.001% |
| Median gross rent | $798 | $798 |
| Population | 3,352 | 29,162 |
The weather behind that power bill
Gallipolis sits in Gallia County, which averages a high of 86.2°F in its hottest month and a low of 23.1°F in its coldest, with 44.53" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,148 cooling and 4,793 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Gallia County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gallia County
Talk to someone who works this market
These are Gallipolis 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 Gallipolis every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Gallipolis I already own here and may sell
Common questions
How much does it cost to own a home in Gallipolis?
A $120,000 home in Gallipolis, Ohio costs approximately $1,128 per month with 20% down at 7.24%. That is $654 principal and interest, $97 property tax, $45 homeowners insurance, $232 utilities and $100 set aside for maintenance.
What is the property tax rate in Gallipolis?
Gallipolis has an effective property tax rate of 0.968%, based on a median home value of $119,800 and median real estate taxes of $1,160. That is lower than the Gallia County average of 1.001%.
What is the average home price in Gallipolis?
The median owner-occupied home value in Gallipolis, Ohio is $119,800, against $135,000 across Gallia County.
Is it cheaper to rent or buy in Gallipolis?
Median gross rent in Gallipolis is $798 a month, against $1,128 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Gallipolis?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Gallipolis, Ohio at today's rate takes a household income of roughly $48,500 a year. That covers the full $1,128 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Gallipolis, 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.