Cost to Own
United StatesAlabamaCalhoun CountyOhatchee Population 1,043 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Ohatchee, Alabama

A $191,000 home here costs

$1,547

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $982. The real number is $565 higher every month — 58% more than the payment most buyers budget for.

Ohatchee median: $191,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $152,800 borrowed $982
Property tax0.356% effective rate for Ohatchee itself $57
Homeowners insuranceAlabama averages $1,610/yr (NAIC), or 0.819% of home value $130
Electricity16.77¢/kWh — Alabama residential average, EIA $151
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $159
Total monthly $1,547

Ohatchee against Calhoun County and Alabama

MeasureOhatcheeCalhoun County
Median home value$191,000$149,500
Median property tax$680$610
Effective tax rate0.356%0.408%
Median gross rent$845$804
Population1,043116,141

The weather behind that power bill

Ohatchee sits in Calhoun County, which averages a high of 90.2°F in its hottest month and a low of 34.0°F in its coldest, with 52.12" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,971 cooling and 2,634 heating degree days, which is what sets the $151 electricity line above.

See the full climate breakdown for Calhoun County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Calhoun County

Full Calhoun County cost breakdown · Every county in Alabama

Common questions

How much does it cost to own a home in Ohatchee?

A $191,000 home in Ohatchee, Alabama costs approximately $1,547 per month with 20% down at 6.66%. That is $982 principal and interest, $57 property tax, $130 homeowners insurance, $219 utilities and $159 set aside for maintenance.

What is the property tax rate in Ohatchee?

Ohatchee has an effective property tax rate of 0.356%, based on a median home value of $191,000 and median real estate taxes of $680. That is lower than the Calhoun County average of 0.408%.

What is the average home price in Ohatchee?

The median owner-occupied home value in Ohatchee, Alabama is $191,000, against $149,500 across Calhoun County.

Is it cheaper to rent or buy in Ohatchee?

Median gross rent in Ohatchee is $845 a month, against $1,547 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 Ohatchee — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Alabama.
  • 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.

Full methodology