Total monthly cost of ownership
Cost to Own a Home in Liberty Center, Ohio
A $153,000 home here costs
$1,364per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $787. The real number is $577 higher every month — 73% 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.
Liberty Center against Henry County and Ohio
| Measure | Liberty Center | Henry County |
|---|---|---|
| Median home value | $153,400 | $166,000 |
| Median property tax | $1,796 | $1,954 |
| Effective tax rate | 1.171% | 1.177% |
| Median gross rent | $1,051 | $866 |
| Population | 1,002 | 27,581 |
The weather behind that power bill
Liberty Center sits in Henry County, which averages a high of 83.9°F in its hottest month and a low of 17.4°F in its coldest, with 37.32" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 827 cooling and 6,183 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Henry County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Henry County
Common questions
How much does it cost to own a home in Liberty Center?
A $153,000 home in Liberty Center, Ohio costs approximately $1,364 per month with 20% down at 6.66%. That is $787 principal and interest, $149 property tax, $57 homeowners insurance, $243 utilities and $128 set aside for maintenance.
What is the property tax rate in Liberty Center?
Liberty Center has an effective property tax rate of 1.171%, based on a median home value of $153,400 and median real estate taxes of $1,796. That is in line with the Henry County average of 1.177%.
What is the average home price in Liberty Center?
The median owner-occupied home value in Liberty Center, Ohio is $153,400, against $166,000 across Henry County.
Is it cheaper to rent or buy in Liberty Center?
Median gross rent in Liberty Center is $1,051 a month, against $1,364 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 Liberty 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.