Total monthly cost of ownership
Cost to Own a Home in Lucasville, Ohio
A $187,000 home here costs
$1,630per 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 $70,000 a year.
A standard mortgage calculator would have told you $1,020. The real number is $611 higher every month, 60% more than the payment most buyers budget for.
Compare Scioto County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Lucasville from a five-year rolling sample, and with about 1,714 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 Scioto 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.
Lucasville against Scioto County and Ohio
| Measure | Lucasville | Scioto County |
|---|---|---|
| Median home value | $187,400 | $132,300 |
| Median property tax | $1,847 | $1,417 |
| Effective tax rate | 0.986% | 1.071% |
| Median gross rent | $821 | $749 |
| Population | 1,714 | 73,118 |
The weather behind that power bill
Lucasville sits in Scioto County, which averages a high of 86.4°F in its hottest month and a low of 26.4°F in its coldest, with 45.1" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,234 cooling and 4,321 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Scioto County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Scioto County
Talk to someone who works this market
These are Lucasville 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 Lucasville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Lucasville I already own here and may sell
Common questions
How much does it cost to own a home in Lucasville?
A $187,000 home in Lucasville, Ohio costs approximately $1,630 per month with 20% down at 7.24%. That is $1,020 principal and interest, $154 property tax, $70 homeowners insurance, $232 utilities and $156 set aside for maintenance.
What is the property tax rate in Lucasville?
Lucasville has an effective property tax rate of 0.986%, based on a median home value of $187,400 and median real estate taxes of $1,847. That is lower than the Scioto County average of 1.071%.
What is the average home price in Lucasville?
The median owner-occupied home value in Lucasville, Ohio is $187,400, against $132,300 across Scioto County.
Is it cheaper to rent or buy in Lucasville?
Median gross rent in Lucasville is $821 a month, against $1,630 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 Lucasville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Lucasville, Ohio at today's rate takes a household income of roughly $70,000 a year. That covers the full $1,630 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Lucasville, 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.