Total monthly cost of ownership
Cost to Own a Home in Wauseon, Ohio
A $143,000 home here costs
$1,336per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $735. The real number is $601 higher every month — 82% 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.
Wauseon against Fulton County and Ohio
| Measure | Wauseon | Fulton County |
|---|---|---|
| Median home value | $143,400 | $176,000 |
| Median property tax | $2,229 | $2,348 |
| Effective tax rate | 1.554% | 1.334% |
| Median gross rent | $814 | $832 |
| Population | 7,387 | 42,434 |
The weather behind that power bill
Wauseon sits in Fulton County, which averages a high of 83.6°F in its hottest month and a low of 16.8°F in its coldest, with 35.04" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 683 cooling and 6,410 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Fulton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Fulton County
Common questions
How much does it cost to own a home in Wauseon?
A $143,000 home in Wauseon, Ohio costs approximately $1,336 per month with 20% down at 6.66%. That is $735 principal and interest, $185 property tax, $53 homeowners insurance, $243 utilities and $119 set aside for maintenance.
What is the property tax rate in Wauseon?
Wauseon has an effective property tax rate of 1.554%, based on a median home value of $143,400 and median real estate taxes of $2,229. That is higher than the Fulton County average of 1.334%.
What is the average home price in Wauseon?
The median owner-occupied home value in Wauseon, Ohio is $143,400, against $176,000 across Fulton County.
Is it cheaper to rent or buy in Wauseon?
Median gross rent in Wauseon is $814 a month, against $1,336 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 Wauseon — 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.