Total monthly cost of ownership
Cost to Own a Home in Jackson Center, Ohio
A $138,000 home here costs
$1,246per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $709. The real number is $537 higher every month — 76% 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.
Jackson Center against Shelby County and Ohio
| Measure | Jackson Center | Shelby County |
|---|---|---|
| Median home value | $138,200 | $190,300 |
| Median property tax | $1,527 | $1,919 |
| Effective tax rate | 1.105% | 1.008% |
| Median gross rent | $693 | $904 |
| Population | 1,369 | 48,007 |
The weather behind that power bill
Jackson Center sits in Shelby County, which averages a high of 84.3°F in its hottest month and a low of 17.9°F in its coldest, with 41.65" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 818 cooling and 5,911 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Shelby County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Shelby County
Common questions
How much does it cost to own a home in Jackson Center?
A $138,000 home in Jackson Center, Ohio costs approximately $1,246 per month with 20% down at 6.66%. That is $709 principal and interest, $127 property tax, $51 homeowners insurance, $243 utilities and $115 set aside for maintenance.
What is the property tax rate in Jackson Center?
Jackson Center has an effective property tax rate of 1.105%, based on a median home value of $138,200 and median real estate taxes of $1,527. That is higher than the Shelby County average of 1.008%.
What is the average home price in Jackson Center?
The median owner-occupied home value in Jackson Center, Ohio is $138,200, against $190,300 across Shelby County.
Is it cheaper to rent or buy in Jackson Center?
Median gross rent in Jackson Center is $693 a month, against $1,246 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 Jackson Center — 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.