Total monthly cost of ownership
Cost to Own a Home in McComb, Ohio
A $136,000 home here costs
$1,230per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $699. The real number is $531 higher every month — 76% 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.
McComb against Hancock County and Ohio
| Measure | McComb | Hancock County |
|---|---|---|
| Median home value | $135,800 | $196,500 |
| Median property tax | $1,477 | $1,966 |
| Effective tax rate | 1.088% | 1.001% |
| Median gross rent | $793 | $926 |
| Population | 1,455 | 74,885 |
The weather behind that power bill
McComb sits in Hancock County, which averages a high of 85.4°F in its hottest month and a low of 20.4°F in its coldest, with 33.8" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,005 cooling and 5,564 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Hancock County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hancock County
Common questions
How much does it cost to own a home in McComb?
A $136,000 home in McComb, Ohio costs approximately $1,230 per month with 20% down at 6.66%. That is $699 principal and interest, $123 property tax, $51 homeowners insurance, $243 utilities and $113 set aside for maintenance.
What is the property tax rate in McComb?
McComb has an effective property tax rate of 1.088%, based on a median home value of $135,800 and median real estate taxes of $1,477. That is higher than the Hancock County average of 1.001%.
What is the average home price in McComb?
The median owner-occupied home value in McComb, Ohio is $135,800, against $196,500 across Hancock County.
Is it cheaper to rent or buy in McComb?
Median gross rent in McComb is $793 a month, against $1,230 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 McComb — 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.