Total monthly cost of ownership
Cost to Own a Home in Plain City, Ohio
A $325,000 home here costs
$2,695per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $115,500 a year.
A standard mortgage calculator would have told you $1,772. The real number is $923 higher every month, 52% more than the payment most buyers budget for.
Compare Union County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Plain City from a five-year rolling sample, and with about 3,712 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Union County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Plain City against Union County and Ohio
| Measure | Plain City | Union County |
|---|---|---|
| Median home value | $325,400 | $306,600 |
| Median property tax | $3,598 | $3,847 |
| Effective tax rate | 1.106% | 1.255% |
| Median gross rent | $1,044 | $1,188 |
| Population | 3,712 | 65,293 |
Plain City extends across 2 counties. Figures here use Union County, where most of its housing sits.
The weather behind that power bill
Plain City sits in Union County, which averages a high of 84.9°F in its hottest month and a low of 20.6°F in its coldest, with 40.48" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 968 cooling and 5,546 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Union County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Union County
Talk to someone who works this market
These are Plain City averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Plain City every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Plain City I already own here and may sell
Common questions
How much does it cost to own a home in Plain City?
A $325,000 home in Plain City, Ohio costs approximately $2,695 per month with 20% down at 7.24%. That is $1,772 principal and interest, $300 property tax, $121 homeowners insurance, $232 utilities and $271 set aside for maintenance.
What is the property tax rate in Plain City?
Plain City has an effective property tax rate of 1.106%, based on a median home value of $325,400 and median real estate taxes of $3,598. That is lower than the Union County average of 1.255%.
What is the average home price in Plain City?
The median owner-occupied home value in Plain City, Ohio is $325,400, against $306,600 across Union County.
Is it cheaper to rent or buy in Plain City?
Median gross rent in Plain City is $1,044 a month, against $2,695 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Plain City?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Plain City, Ohio at today's rate takes a household income of roughly $115,500 a year. That covers the full $2,695 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Plain City, 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.