Total monthly cost of ownership
Cost to Own a Home in Utica, Ohio
A $133,000 home here costs
$1,199per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $684. The real number is $515 higher every month — 75% 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.
Utica against Licking County and Ohio
| Measure | Utica | Licking County |
|---|---|---|
| Median home value | $132,700 | $250,700 |
| Median property tax | $1,331 | $3,150 |
| Effective tax rate | 1.003% | 1.256% |
| Median gross rent | $833 | $999 |
| Population | 2,180 | 180,311 |
Utica extends across 2 counties. Figures here use Licking County, where most of its housing sits.
The weather behind that power bill
Utica sits in Licking County, which averages a high of 86.0°F in its hottest month and a low of 21.2°F in its coldest, with 38.77" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 961 cooling and 5,231 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Licking County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Licking County
Common questions
How much does it cost to own a home in Utica?
A $133,000 home in Utica, Ohio costs approximately $1,199 per month with 20% down at 6.66%. That is $684 principal and interest, $111 property tax, $49 homeowners insurance, $243 utilities and $111 set aside for maintenance.
What is the property tax rate in Utica?
Utica has an effective property tax rate of 1.003%, based on a median home value of $132,700 and median real estate taxes of $1,331. That is lower than the Licking County average of 1.256%.
What is the average home price in Utica?
The median owner-occupied home value in Utica, Ohio is $132,700, against $250,700 across Licking County.
Is it cheaper to rent or buy in Utica?
Median gross rent in Utica is $833 a month, against $1,199 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 Utica — 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.