Total monthly cost of ownership
Cost to Own a Home in West Jefferson, Ohio
A $180,000 home here costs
$1,559per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $925. The real number is $633 higher every month — 68% 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.
West Jefferson against Madison County and Ohio
| Measure | West Jefferson | Madison County |
|---|---|---|
| Median home value | $180,000 | $231,400 |
| Median property tax | $2,074 | $2,437 |
| Effective tax rate | 1.152% | 1.053% |
| Median gross rent | $964 | $944 |
| Population | 4,250 | 44,126 |
The weather behind that power bill
West Jefferson sits in Madison County, which averages a high of 82.2°F in its hottest month and a low of 18.6°F in its coldest, with 42.28" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 742 cooling and 6,040 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Madison County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Madison County
Common questions
How much does it cost to own a home in West Jefferson?
A $180,000 home in West Jefferson, Ohio costs approximately $1,559 per month with 20% down at 6.66%. That is $925 principal and interest, $173 property tax, $67 homeowners insurance, $243 utilities and $150 set aside for maintenance.
What is the property tax rate in West Jefferson?
West Jefferson has an effective property tax rate of 1.152%, based on a median home value of $180,000 and median real estate taxes of $2,074. That is higher than the Madison County average of 1.053%.
What is the average home price in West Jefferson?
The median owner-occupied home value in West Jefferson, Ohio is $180,000, against $231,400 across Madison County.
Is it cheaper to rent or buy in West Jefferson?
Median gross rent in West Jefferson is $964 a month, against $1,559 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 Jefferson — 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.