Total monthly cost of ownership
Cost to Own a Home in Harbor Hills, Ohio
A $431,000 home here costs
$3,497per 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 $150,000 a year.
A standard mortgage calculator would have told you $2,350. The real number is $1,147 higher every month, 49% more than the payment most buyers budget for.
Compare Licking County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Harbor Hills from a five-year rolling sample, and with about 1,639 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 Licking 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.
Harbor Hills against Licking County and Ohio
| Measure | Harbor Hills | Licking County |
|---|---|---|
| Median home value | $431,000 | $250,700 |
| Median property tax | $4,756 | $3,150 |
| Effective tax rate | 1.103% | 1.256% |
| Median gross rent | $1,155 | $999 |
| Population | 1,639 | 180,311 |
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 $164 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
Talk to someone who works this market
These are Harbor Hills 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 Harbor Hills every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Harbor Hills I already own here and may sell
Common questions
How much does it cost to own a home in Harbor Hills?
A $431,000 home in Harbor Hills, Ohio costs approximately $3,497 per month with 20% down at 7.24%. That is $2,350 principal and interest, $396 property tax, $160 homeowners insurance, $232 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 $3,497 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 Harbor Hills?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Harbor Hills, Ohio at today's rate takes a household income of roughly $150,000 a year. That covers the full $3,497 monthly cost, not just the mortgage payment.
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.