Cost to Own
United StatesOhioSummit CountySawyerwood Population 1,437 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Sawyerwood, Ohio

A $118,000 home here costs

$1,180

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

A standard mortgage calculator would have told you $607. The real number is $574 higher every month — 95% more than the payment most buyers budget for.

Sawyerwood median: $117,900
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, $94,400 borrowed $607
Property tax1.911% effective rate for Sawyerwood itself $188
Homeowners insuranceOhio averages $920/yr (NAIC), or 0.446% of home value $44
Electricity19.52¢/kWh — Ohio residential average, EIA $175
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $98
Total monthly $1,180

Sawyerwood against Summit County and Ohio

MeasureSawyerwoodSummit County
Median home value$117,900$195,700
Median property tax$2,253$3,018
Effective tax rate1.911%1.542%
Median gross rent$998
Population1,437538,087

The weather behind that power bill

Sawyerwood sits in Summit County, which averages a high of 85.1°F in its hottest month and a low of 21.0°F in its coldest, with 32.51" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 934 cooling and 5,538 heating degree days, which is what sets the $175 electricity line above.

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

Other cities in Summit County

Full Summit County cost breakdown · Every county in Ohio

Common questions

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

A $118,000 home in Sawyerwood, Ohio costs approximately $1,180 per month with 20% down at 6.66%. That is $607 principal and interest, $188 property tax, $44 homeowners insurance, $243 utilities and $98 set aside for maintenance.

What is the property tax rate in Sawyerwood?

Sawyerwood has an effective property tax rate of 1.911%, based on a median home value of $117,900 and median real estate taxes of $2,253. That is higher than the Summit County average of 1.542%.

What is the average home price in Sawyerwood?

The median owner-occupied home value in Sawyerwood, Ohio is $117,900, against $195,700 across Summit County.

Is it cheaper to rent or buy in Sawyerwood?

Rent data is not published for Sawyerwood at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Sawyerwood — 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