Total monthly cost of ownership
Cost to Own a Home in Georgetown, Ohio
A $109,000 home here costs
$1,027per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $560. The real number is $466 higher every month — 83% 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.
Georgetown against Brown County and Ohio
| Measure | Georgetown | Brown County |
|---|---|---|
| Median home value | $108,900 | $181,100 |
| Median property tax | $1,097 | $1,497 |
| Effective tax rate | 1.007% | 0.827% |
| Median gross rent | $710 | $822 |
| Population | 4,147 | 43,710 |
The weather behind that power bill
Georgetown sits in Brown County, which averages a high of 85.8°F in its hottest month and a low of 17.2°F in its coldest, with 47.85" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 778 cooling and 5,620 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Brown County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Brown County
Common questions
How much does it cost to own a home in Georgetown?
A $109,000 home in Georgetown, Ohio costs approximately $1,027 per month with 20% down at 6.66%. That is $560 principal and interest, $91 property tax, $41 homeowners insurance, $243 utilities and $91 set aside for maintenance.
What is the property tax rate in Georgetown?
Georgetown has an effective property tax rate of 1.007%, based on a median home value of $108,900 and median real estate taxes of $1,097. That is higher than the Brown County average of 0.827%.
What is the average home price in Georgetown?
The median owner-occupied home value in Georgetown, Ohio is $108,900, against $181,100 across Brown County.
Is it cheaper to rent or buy in Georgetown?
Median gross rent in Georgetown is $710 a month, against $1,027 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 Georgetown — 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.