Total monthly cost of ownership
Cost to Own a Home in Gnadenhutten, Ohio
A $120,000 home here costs
$1,139per 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 $49,000 a year.
A standard mortgage calculator would have told you $654. The real number is $485 higher every month, 74% more than the payment most buyers budget for.
Compare Tuscarawas County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Gnadenhutten from a five-year rolling sample, and with about 1,158 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 Tuscarawas 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.
Gnadenhutten against Tuscarawas County and Ohio
| Measure | Gnadenhutten | Tuscarawas County |
|---|---|---|
| Median home value | $120,000 | $176,800 |
| Median property tax | $1,303 | $1,910 |
| Effective tax rate | 1.086% | 1.080% |
| Median gross rent | $862 | $876 |
| Population | 1,158 | 92,585 |
The weather behind that power bill
Gnadenhutten 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 $164 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
Talk to someone who works this market
These are Gnadenhutten 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 Gnadenhutten every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Gnadenhutten I already own here and may sell
Common questions
How much does it cost to own a home in Gnadenhutten?
A $120,000 home in Gnadenhutten, Ohio costs approximately $1,139 per month with 20% down at 7.24%. That is $654 principal and interest, $109 property tax, $45 homeowners insurance, $232 utilities and $100 set aside for maintenance.
What is the property tax rate in Gnadenhutten?
Gnadenhutten has an effective property tax rate of 1.086%, based on a median home value of $120,000 and median real estate taxes of $1,303. That is in line with the Tuscarawas County average of 1.080%.
What is the average home price in Gnadenhutten?
The median owner-occupied home value in Gnadenhutten, Ohio is $120,000, against $176,800 across Tuscarawas County.
Is it cheaper to rent or buy in Gnadenhutten?
Median gross rent in Gnadenhutten is $862 a month, against $1,139 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 Gnadenhutten?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Gnadenhutten, Ohio at today's rate takes a household income of roughly $49,000 a year. That covers the full $1,139 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Gnadenhutten, 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.