Total monthly cost of ownership
Cost to Own a Home in Wilmington, Ohio
A $163,000 home here costs
$1,409per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $838. The real number is $571 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.
Wilmington against Clinton County and Ohio
| Measure | Wilmington | Clinton County |
|---|---|---|
| Median home value | $162,700 | $192,800 |
| Median property tax | $1,573 | $1,816 |
| Effective tax rate | 0.967% | 0.942% |
| Median gross rent | $925 | $893 |
| Population | 12,637 | 42,014 |
The weather behind that power bill
Wilmington sits in Clinton County, which averages a high of 84.1°F in its hottest month and a low of 21.4°F in its coldest, with 42.4" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 880 cooling and 5,364 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Clinton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clinton County
Common questions
How much does it cost to own a home in Wilmington?
A $163,000 home in Wilmington, Ohio costs approximately $1,409 per month with 20% down at 6.66%. That is $838 principal and interest, $131 property tax, $61 homeowners insurance, $243 utilities and $136 set aside for maintenance.
What is the property tax rate in Wilmington?
Wilmington has an effective property tax rate of 0.967%, based on a median home value of $162,700 and median real estate taxes of $1,573. That is higher than the Clinton County average of 0.942%.
What is the average home price in Wilmington?
The median owner-occupied home value in Wilmington, Ohio is $162,700, against $192,800 across Clinton County.
Is it cheaper to rent or buy in Wilmington?
Median gross rent in Wilmington is $925 a month, against $1,409 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 Wilmington — 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.