How much do homeowners pay a month in Commercial Point, OH?
Homeowners with a mortgage in Commercial Point, OH pay a median of $2,174 (±$122) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $622 (±$115).
75.4% of owned homes carry a mortgage.
In Commercial Point, the median monthly cost with a mortgage went from $1,571 in 2015–2019 to $2,174 in 2020–2024 (+38.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- With a mortgage
- $2,174 (±$122)
- Without a mortgage
- $622 (±$115)
- Owned with a mortgage
- 75.4%
Monthly owner costs in Commercial Point
| Commercial Point | Pickaway County | Ohio | United States | |
|---|---|---|---|---|
| With a mortgage | $2,174 (±$122) | $1,715 (±$57) | $1,517 (±$5) | $1,963 |
| Without a mortgage | $622 (±$115) | $609 (±$25) | $588 (±$2) | $638 |
| Owned homes with a mortgage | 75.4% (±8.6 points) | 62.1% (±2.3 points) | 60.6% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,484 (±$250) | $2,566 (±$103) | $2,822 (±$10) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Commercial Point, the median cost with a mortgage is higher than in Pickaway County ($1,715).
It is also higher than in Ohio ($1,517).
It is higher than the national figure ($1,963).
In Pickaway County, Commercial Point ranks 3 of 24 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 117 of 2,330.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Commercial Point have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,571 (±$87) | $2,174 (±$122) | +38.4% | Up after inflation |
| Median real estate taxes | $2,673 (±$389) | $3,484 (±$250) | +30.3% | No measurable change after inflation |
| Median home value | $207,300 (±$17,046) | $344,600 (±$19,971) | +66.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Commercial Point
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Commercial Point | — | $2,174 (±$122) | — |
| Lockbourne | 2.1 mi | $1,234 (±$314) | Lower |
| Scioto Township (Pickaway County) | 3.3 mi | $1,927 (±$103) | Lower |
| Harrison Township (Pickaway County) | 3.8 mi | $1,577 (±$74) | Lower |
| Hamilton Township (Franklin County) | 5.1 mi | $1,359 (±$105) | Lower |
| Jackson Township (Franklin County) | 5.2 mi | $1,909 (±$111) | Lower |
| South Bloomfield | 5.2 mi | $1,527 (±$133) | Lower |
| Ashville | 5.6 mi | $1,605 (±$102) | Lower |
| Obetz | 6.4 mi | $1,626 (±$146) | Lower |
Nearby places with a measurably lower figure: Lockbourne, OH ($1,234), Scioto Township (Pickaway County), OH ($1,927), Harrison Township (Pickaway County), OH ($1,577).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Pickaway County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Muhlenberg Township | $2,620 (±$969) |
| 2 | Madison Township (Pickaway County) | $2,413 (±$593) |
| 3 | Commercial Point | $2,174 (±$122) |
| 4 | Jackson Township (Pickaway County) | $2,157 (±$443) |
| 5 | Monroe Township (Pickaway County) | $2,060 (±$433) |
| 6 | Scioto Township (Pickaway County) | $1,927 (±$103) |
| 7 | Washington Township (Pickaway County) | $1,895 (±$154) |
| 8 | Saltcreek Township | $1,850 (±$301) |
| 9 | Pickaway Township | $1,800 (±$184) |
Showing 9 of 24 places in Pickaway County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Commercial Point
What is the average mortgage payment in Commercial Point?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Commercial Point, OH is $2,174 (±$122) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Commercial Point?
Owners without a mortgage in Commercial Point pay a median of $622 (±$115) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Commercial Point gone up?
In Commercial Point, the median monthly cost with a mortgage went from $1,571 in 2015–2019 to $2,174 in 2020–2024 (+38.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Commercial Point village, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Commercial Point village, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Commercial Point village, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Commercial Point village, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Commercial Point village, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Commercial Point village, Ohio (place:18070, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Commercial Point at a glance
- Income and affordability in Commercial Point
- Home values in Commercial Point
- Property taxes in Commercial Point
- Types of homes in Commercial Point
- Heating fuel in Commercial Point
- Commute and cars in Commercial Point
- Crime reported to police in Commercial Point
- Population growth in Commercial Point
- How long people stay in Commercial Point
- Fair Market Rent in Commercial Point
- Ohio landlord and tenant rules
- Housing across Pickaway County
- Housing data for every place in Ohio