Total monthly cost of ownership
Cost to Own a Home in Junction City, Ohio
A $105,000 home here costs
$985per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $540. The real number is $445 higher every month — 82% 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.
Junction City against Perry County and Ohio
| Measure | Junction City | Perry County |
|---|---|---|
| Median home value | $104,700 | $178,300 |
| Median property tax | $898 | $1,656 |
| Effective tax rate | 0.858% | 0.929% |
| Median gross rent | $696 | $727 |
| Population | 1,025 | 35,474 |
The weather behind that power bill
Junction City sits in Perry County, which averages a high of 83.4°F in its hottest month and a low of 17.7°F in its coldest, with 44.35" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 679 cooling and 5,864 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Perry County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Perry County
Common questions
How much does it cost to own a home in Junction City?
A $105,000 home in Junction City, Ohio costs approximately $985 per month with 20% down at 6.66%. That is $540 principal and interest, $75 property tax, $39 homeowners insurance, $243 utilities and $88 set aside for maintenance.
What is the property tax rate in Junction City?
Junction City has an effective property tax rate of 0.858%, based on a median home value of $104,700 and median real estate taxes of $898. That is lower than the Perry County average of 0.929%.
What is the average home price in Junction City?
The median owner-occupied home value in Junction City, Ohio is $104,700, against $178,300 across Perry County.
Is it cheaper to rent or buy in Junction City?
Median gross rent in Junction City is $696 a month, against $985 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 Junction City — 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.