Total monthly cost of ownership
Cost to Own a Home in Tiffin, Ohio
A $129,000 home here costs
$1,179per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $663. The real number is $516 higher every month — 78% 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.
Tiffin against Seneca County and Ohio
| Measure | Tiffin | Seneca County |
|---|---|---|
| Median home value | $129,200 | $136,200 |
| Median property tax | $1,406 | $1,489 |
| Effective tax rate | 1.088% | 1.093% |
| Median gross rent | $834 | $814 |
| Population | 17,814 | 54,861 |
The weather behind that power bill
Tiffin sits in Seneca County, which averages a high of 83.9°F in its hottest month and a low of 18.7°F in its coldest, with 38.69" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 873 cooling and 5,992 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Seneca County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Seneca County
No other places of this size are published in Seneca County.
Common questions
How much does it cost to own a home in Tiffin?
A $129,000 home in Tiffin, Ohio costs approximately $1,179 per month with 20% down at 6.66%. That is $663 principal and interest, $117 property tax, $48 homeowners insurance, $243 utilities and $108 set aside for maintenance.
What is the property tax rate in Tiffin?
Tiffin has an effective property tax rate of 1.088%, based on a median home value of $129,200 and median real estate taxes of $1,406. That is in line with the Seneca County average of 1.093%.
What is the average home price in Tiffin?
The median owner-occupied home value in Tiffin, Ohio is $129,200, against $136,200 across Seneca County.
Is it cheaper to rent or buy in Tiffin?
Median gross rent in Tiffin is $834 a month, against $1,179 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 Tiffin — 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.