Total monthly cost of ownership
Cost to Own a Home in St. Henry, Ohio
A $273,000 home here costs
$2,232per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,403. The real number is $829 higher every month — 59% 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.
St. Henry against Mercer County and Ohio
| Measure | St. Henry | Mercer County |
|---|---|---|
| Median home value | $273,100 | $208,600 |
| Median property tax | $3,077 | $2,249 |
| Effective tax rate | 1.127% | 1.078% |
| Median gross rent | $743 | $812 |
| Population | 2,812 | 42,438 |
The weather behind that power bill
St. Henry sits in Mercer County, which averages a high of 83.7°F in its hottest month and a low of 18.7°F in its coldest, with 39.76" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 865 cooling and 5,789 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Mercer County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mercer County
Common questions
How much does it cost to own a home in St. Henry?
A $273,000 home in St. Henry, Ohio costs approximately $2,232 per month with 20% down at 6.66%. That is $1,403 principal and interest, $256 property tax, $101 homeowners insurance, $243 utilities and $228 set aside for maintenance.
What is the property tax rate in St. Henry?
St. Henry has an effective property tax rate of 1.127%, based on a median home value of $273,100 and median real estate taxes of $3,077. That is higher than the Mercer County average of 1.078%.
What is the average home price in St. Henry?
The median owner-occupied home value in St. Henry, Ohio is $273,100, against $208,600 across Mercer County.
Is it cheaper to rent or buy in St. Henry?
Median gross rent in St. Henry is $743 a month, against $2,232 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 St. Henry — 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.