Total monthly cost of ownership
Cost to Own a Home in Hudson, Ohio
A $445,000 home here costs
$3,669per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,288. The real number is $1,382 higher every month — 60% 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.
Hudson against Summit County and Ohio
| Measure | Hudson | Summit County |
|---|---|---|
| Median home value | $444,800 | $195,700 |
| Median property tax | $7,220 | $3,018 |
| Effective tax rate | 1.623% | 1.542% |
| Median gross rent | $2,219 | $998 |
| Population | 23,007 | 538,087 |
The weather behind that power bill
Hudson sits in Summit County, which averages a high of 85.1°F in its hottest month and a low of 21.0°F in its coldest, with 32.51" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 934 cooling and 5,538 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Summit County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Summit County
Common questions
How much does it cost to own a home in Hudson?
A $445,000 home in Hudson, Ohio costs approximately $3,669 per month with 20% down at 6.66%. That is $2,288 principal and interest, $602 property tax, $165 homeowners insurance, $243 utilities and $371 set aside for maintenance.
What is the property tax rate in Hudson?
Hudson has an effective property tax rate of 1.623%, based on a median home value of $444,800 and median real estate taxes of $7,220. That is higher than the Summit County average of 1.542%.
What is the average home price in Hudson?
The median owner-occupied home value in Hudson, Ohio is $444,800, against $195,700 across Summit County.
Is it cheaper to rent or buy in Hudson?
Median gross rent in Hudson is $2,219 a month, against $3,669 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 Hudson — 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.