Cost to Own
United StatesOhioPaulding CountyPaulding Population 3,513 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Paulding, Ohio

A $108,000 home here costs

$1,041

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

A standard mortgage calculator would have told you $555. The real number is $486 higher every month — 88% more than the payment most buyers budget for.

Paulding median: $108,400
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, $86,400 borrowed $555
Property tax1.249% effective rate for Paulding itself $112
Homeowners insuranceOhio averages $920/yr (NAIC), or 0.446% of home value $40
Electricity19.52¢/kWh — Ohio residential average, EIA $175
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $90
Total monthly $1,041

Paulding against Paulding County and Ohio

MeasurePauldingPaulding County
Median home value$108,400$126,800
Median property tax$1,354$1,382
Effective tax rate1.249%1.090%
Median gross rent$748$750
Population3,51318,800

The weather behind that power bill

Paulding sits in Paulding County, which averages a high of 85.1°F in its hottest month and a low of 16.8°F in its coldest, with 37" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 850 cooling and 6,160 heating degree days, which is what sets the $175 electricity line above.

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

Other cities in Paulding County

Full Paulding County cost breakdown · Every county in Ohio

Common questions

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

A $108,000 home in Paulding, Ohio costs approximately $1,041 per month with 20% down at 6.66%. That is $555 principal and interest, $112 property tax, $40 homeowners insurance, $243 utilities and $90 set aside for maintenance.

What is the property tax rate in Paulding?

Paulding has an effective property tax rate of 1.249%, based on a median home value of $108,400 and median real estate taxes of $1,354. That is higher than the Paulding County average of 1.090%.

What is the average home price in Paulding?

The median owner-occupied home value in Paulding, Ohio is $108,400, against $126,800 across Paulding County.

Is it cheaper to rent or buy in Paulding?

Median gross rent in Paulding is $748 a month, against $1,041 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 Paulding — 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.

Full methodology