Total monthly cost of ownership
Cost to Own a Home in White Oak, Ohio
A $191,000 home here costs
$1,765per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $75,500 a year.
A standard mortgage calculator would have told you $1,058. The real number is $707 higher every month, 67% more than the payment most buyers budget for.
Compare Hamilton County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
White Oak against Hamilton County and Ohio
| Measure | White Oak | Hamilton County |
|---|---|---|
| Median home value | $190,900 | $225,700 |
| Median property tax | $2,931 | $3,461 |
| Effective tax rate | 1.535% | 1.533% |
| Median gross rent | $942 | $1,005 |
| Population | 18,845 | 827,878 |
The weather behind that power bill
White Oak sits in Hamilton County, which averages a high of 86.6°F in its hottest month and a low of 23.6°F in its coldest, with 43.4" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,126 cooling and 4,804 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Hamilton County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hamilton County
Talk to someone who works this market
These are White Oak averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works White Oak every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in White Oak I already own here and may sell
Common questions
How much does it cost to own a home in White Oak?
A $191,000 home in White Oak, Ohio costs approximately $1,765 per month with 20% down at 7.4%. That is $1,058 principal and interest, $244 property tax, $71 homeowners insurance, $233 utilities and $159 set aside for maintenance.
What is the property tax rate in White Oak?
White Oak has an effective property tax rate of 1.535%, based on a median home value of $190,900 and median real estate taxes of $2,931. That is in line with the Hamilton County average of 1.533%.
What is the average home price in White Oak?
The median owner-occupied home value in White Oak, Ohio is $190,900, against $225,700 across Hamilton County.
Is it cheaper to rent or buy in White Oak?
Median gross rent in White Oak is $942 a month, against $1,765 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in White Oak?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in White Oak, Ohio at today's rate takes a household income of roughly $75,500 a year. That covers the full $1,765 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for White Oak, 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.