Total monthly cost of ownership
Cost to Own a Home in Lithopolis, Ohio
A $309,000 home here costs
$2,605per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $111,500 a year.
A standard mortgage calculator would have told you $1,685. The real number is $920 higher every month, 55% more than the payment most buyers budget for.
Compare Franklin County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Lithopolis from a five-year rolling sample, and with about 2,344 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Franklin County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Lithopolis against Franklin County and Ohio
| Measure | Lithopolis | Franklin County |
|---|---|---|
| Median home value | $308,500 | $265,700 |
| Median property tax | $3,786 | $4,110 |
| Effective tax rate | 1.227% | 1.547% |
| Median gross rent | $1,506 | $1,233 |
| Population | 2,344 | 1,321,635 |
Lithopolis extends across 2 counties. Figures here use Franklin County, where most of its housing sits.
The weather behind that power bill
Lithopolis sits in Franklin County, which averages a high of 85.4°F in its hottest month and a low of 22.0°F in its coldest, with 41.57" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,068 cooling and 5,233 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Franklin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Franklin County
Talk to someone who works this market
These are Lithopolis averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Lithopolis every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Lithopolis I already own here and may sell
Common questions
How much does it cost to own a home in Lithopolis?
A $309,000 home in Lithopolis, Ohio costs approximately $2,605 per month with 20% down at 7.24%. That is $1,685 principal and interest, $316 property tax, $115 homeowners insurance, $232 utilities and $258 set aside for maintenance.
What is the property tax rate in Lithopolis?
Lithopolis has an effective property tax rate of 1.227%, based on a median home value of $308,500 and median real estate taxes of $3,786. That is lower than the Franklin County average of 1.547%.
What is the average home price in Lithopolis?
The median owner-occupied home value in Lithopolis, Ohio is $308,500, against $265,700 across Franklin County.
Is it cheaper to rent or buy in Lithopolis?
Median gross rent in Lithopolis is $1,506 a month, against $2,605 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Lithopolis?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Lithopolis, Ohio at today's rate takes a household income of roughly $111,500 a year. That covers the full $2,605 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Lithopolis, 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.