Total monthly cost of ownership
Cost to Own a Home in Mulberry, Ohio
A $211,000 home here costs
$1,843per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,085. The real number is $758 higher every month — 70% 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.
Mulberry against Clermont County and Ohio
| Measure | Mulberry | Clermont County |
|---|---|---|
| Median home value | $210,700 | $245,600 |
| Median property tax | $3,120 | $3,141 |
| Effective tax rate | 1.481% | 1.279% |
| Median gross rent | $1,264 | $1,040 |
| Population | 3,850 | 209,862 |
The weather behind that power bill
Mulberry sits in Clermont County, which averages a high of 86.6°F in its hottest month and a low of 23.6°F in its coldest, with 43.4" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,126 cooling and 4,804 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Clermont County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clermont County
Common questions
How much does it cost to own a home in Mulberry?
A $211,000 home in Mulberry, Ohio costs approximately $1,843 per month with 20% down at 6.66%. That is $1,085 principal and interest, $260 property tax, $78 homeowners insurance, $243 utilities and $176 set aside for maintenance.
What is the property tax rate in Mulberry?
Mulberry has an effective property tax rate of 1.481%, based on a median home value of $210,700 and median real estate taxes of $3,120. That is higher than the Clermont County average of 1.279%.
What is the average home price in Mulberry?
The median owner-occupied home value in Mulberry, Ohio is $210,700, against $245,600 across Clermont County.
Is it cheaper to rent or buy in Mulberry?
Median gross rent in Mulberry is $1,264 a month, against $1,843 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 Mulberry — 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.