Cost to Own
United StatesOhioMontgomery CountyWest Carrollton Population 13,008 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in West Carrollton, Ohio

A $138,000 home here costs

$1,333

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

A standard mortgage calculator would have told you $709. The real number is $624 higher every month — 88% more than the payment most buyers budget for.

West Carrollton median: $137,700
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, $110,400 borrowed $709
Property tax1.860% effective rate for West Carrollton itself $214
Homeowners insuranceOhio averages $920/yr (NAIC), or 0.446% of home value $51
Electricity19.52¢/kWh — Ohio residential average, EIA $175
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $115
Total monthly $1,333

West Carrollton against Montgomery County and Ohio

MeasureWest CarrolltonMontgomery County
Median home value$137,700$167,400
Median property tax$2,561$2,975
Effective tax rate1.860%1.777%
Median gross rent$972$968
Population13,008535,528

The weather behind that power bill

West Carrollton sits in Montgomery County, which averages a high of 86.7°F in its hottest month and a low of 20.1°F in its coldest, with 41.65" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,191 cooling and 5,432 heating degree days, which is what sets the $175 electricity line above.

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

Other cities in Montgomery County

Full Montgomery County cost breakdown · Every county in Ohio

Common questions

How much does it cost to own a home in West Carrollton?

A $138,000 home in West Carrollton, Ohio costs approximately $1,333 per month with 20% down at 6.66%. That is $709 principal and interest, $214 property tax, $51 homeowners insurance, $243 utilities and $115 set aside for maintenance.

What is the property tax rate in West Carrollton?

West Carrollton has an effective property tax rate of 1.860%, based on a median home value of $137,700 and median real estate taxes of $2,561. That is higher than the Montgomery County average of 1.777%.

What is the average home price in West Carrollton?

The median owner-occupied home value in West Carrollton, Ohio is $137,700, against $167,400 across Montgomery County.

Is it cheaper to rent or buy in West Carrollton?

Median gross rent in West Carrollton is $972 a month, against $1,333 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 West Carrollton — 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