Total monthly cost of ownership
Cost to Own a Home in Ranson corporation, West Virginia
A $221,000 home here costs
$1,777per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,136. The real number is $641 higher every month — 56% 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.
Ranson corporation against Jefferson County and West Virginia
| Measure | Ranson corporation | Jefferson County |
|---|---|---|
| Median home value | $220,700 | $324,500 |
| Median property tax | $1,459 | $1,796 |
| Effective tax rate | 0.661% | 0.553% |
| Median gross rent | $1,520 | $1,103 |
| Population | 5,588 | 58,546 |
The weather behind that power bill
Ranson corporation sits in Jefferson County, which averages a high of 86.9°F in its hottest month and a low of 23.5°F in its coldest, with 38.97" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,013 cooling and 4,947 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Jefferson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jefferson County
Full Jefferson County cost breakdown · Every county in West Virginia
Common questions
How much does it cost to own a home in Ranson corporation?
A $221,000 home in Ranson corporation, West Virginia costs approximately $1,777 per month with 20% down at 6.66%. That is $1,136 principal and interest, $122 property tax, $116 homeowners insurance, $219 utilities and $184 set aside for maintenance.
What is the property tax rate in Ranson corporation?
Ranson corporation has an effective property tax rate of 0.661%, based on a median home value of $220,700 and median real estate taxes of $1,459. That is higher than the Jefferson County average of 0.553%.
What is the average home price in Ranson corporation?
The median owner-occupied home value in Ranson corporation, West Virginia is $220,700, against $324,500 across Jefferson County.
Is it cheaper to rent or buy in Ranson corporation?
Median gross rent in Ranson corporation is $1,520 a month, against $1,777 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 Ranson corporation — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for West Virginia.
- 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.