Cost to Own
United StatesOhioLicking CountyHarbor Hills Population 1,639 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Harbor Hills, Ohio

A $431,000 home here costs

$3,375

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $2,216. The real number is $1,159 higher every month — 52% more than the payment most buyers budget for.

Harbor Hills median: $431,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $344,800 borrowed $2,216
Property tax1.103% effective rate for Harbor Hills itself $396
Homeowners insuranceOhio averages $920/yr (NAIC), or 0.446% of home value $160
Electricity19.52¢/kWh — Ohio residential average, EIA $175
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $359
Total monthly $3,375

Harbor Hills against Licking County and Ohio

MeasureHarbor HillsLicking County
Median home value$431,000$250,700
Median property tax$4,756$3,150
Effective tax rate1.103%1.256%
Median gross rent$1,155$999
Population1,639180,311

The weather behind that power bill

Harbor Hills sits in Licking County, which averages a high of 86.0°F in its hottest month and a low of 21.2°F in its coldest, with 38.77" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 961 cooling and 5,231 heating degree days, which is what sets the $175 electricity line above.

See the full climate breakdown for Licking County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Licking County

Full Licking County cost breakdown · Every county in Ohio

Common questions

How much does it cost to own a home in Harbor Hills?

A $431,000 home in Harbor Hills, Ohio costs approximately $3,375 per month with 20% down at 6.66%. That is $2,216 principal and interest, $396 property tax, $160 homeowners insurance, $243 utilities and $359 set aside for maintenance.

What is the property tax rate in Harbor Hills?

Harbor Hills has an effective property tax rate of 1.103%, based on a median home value of $431,000 and median real estate taxes of $4,756. That is lower than the Licking County average of 1.256%.

What is the average home price in Harbor Hills?

The median owner-occupied home value in Harbor Hills, Ohio is $431,000, against $250,700 across Licking County.

Is it cheaper to rent or buy in Harbor Hills?

Median gross rent in Harbor Hills is $1,155 a month, against $3,375 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 Harbor Hills — 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.

Full methodology