Total monthly cost of ownership
Cost to Own a Home in Jeffersonville, Ohio
A $109,000 home here costs
$1,056per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $560. The real number is $496 higher every month — 88% 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.
Jeffersonville against Fayette County and Ohio
| Measure | Jeffersonville | Fayette County |
|---|---|---|
| Median home value | $109,000 | $162,200 |
| Median property tax | $1,449 | $1,561 |
| Effective tax rate | 1.329% | 0.962% |
| Median gross rent | $696 | $807 |
| Population | 1,252 | 28,880 |
The weather behind that power bill
Jeffersonville sits in Fayette County, which averages a high of 83.5°F in its hottest month and a low of 19.6°F in its coldest, with 40.79" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 830 cooling and 5,615 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Fayette County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Fayette County
Common questions
How much does it cost to own a home in Jeffersonville?
A $109,000 home in Jeffersonville, Ohio costs approximately $1,056 per month with 20% down at 6.66%. That is $560 principal and interest, $121 property tax, $41 homeowners insurance, $243 utilities and $91 set aside for maintenance.
What is the property tax rate in Jeffersonville?
Jeffersonville has an effective property tax rate of 1.329%, based on a median home value of $109,000 and median real estate taxes of $1,449. That is higher than the Fayette County average of 0.962%.
What is the average home price in Jeffersonville?
The median owner-occupied home value in Jeffersonville, Ohio is $109,000, against $162,200 across Fayette County.
Is it cheaper to rent or buy in Jeffersonville?
Median gross rent in Jeffersonville is $696 a month, against $1,056 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 Jeffersonville — 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.