Total monthly cost of ownership
Cost to Own a Home in Middlefield, Ohio
A $200,000 home here costs
$1,712per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,028. The real number is $684 higher every month — 66% 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.
Middlefield against Geauga County and Ohio
| Measure | Middlefield | Geauga County |
|---|---|---|
| Median home value | $200,400 | $305,100 |
| Median property tax | $2,394 | $4,533 |
| Effective tax rate | 1.195% | 1.486% |
| Median gross rent | $791 | $1,018 |
| Population | 2,749 | 95,479 |
The weather behind that power bill
Middlefield sits in Geauga County, which averages a high of 81.0°F in its hottest month and a low of 16.5°F in its coldest, with 50.71" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 513 cooling and 6,677 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Geauga County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Geauga County
Common questions
How much does it cost to own a home in Middlefield?
A $200,000 home in Middlefield, Ohio costs approximately $1,712 per month with 20% down at 6.66%. That is $1,028 principal and interest, $199 property tax, $74 homeowners insurance, $243 utilities and $167 set aside for maintenance.
What is the property tax rate in Middlefield?
Middlefield has an effective property tax rate of 1.195%, based on a median home value of $200,400 and median real estate taxes of $2,394. That is lower than the Geauga County average of 1.486%.
What is the average home price in Middlefield?
The median owner-occupied home value in Middlefield, Ohio is $200,400, against $305,100 across Geauga County.
Is it cheaper to rent or buy in Middlefield?
Median gross rent in Middlefield is $791 a month, against $1,712 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 Middlefield — 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.