How much do homeowners pay a month in Vermillion Township, OH?
Homeowners with a mortgage in Vermillion Township, OH pay a median of $1,153 (±$163) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $449 (±$25).
54.1% of owned homes carry a mortgage.
In Vermillion Township, the median monthly cost with a mortgage went from $1,114 in 2015–2019 to $1,153 in 2020–2024 (+3.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $1,153 (±$163)
- Without a mortgage
- $449 (±$25)
- Owned with a mortgage
- 54.1%
Monthly owner costs in Vermillion Township
| Vermillion Township | Ashland County | Ohio | United States | |
|---|---|---|---|---|
| With a mortgage | $1,153 (±$163) | $1,217 (±$35) | $1,517 (±$5) | $1,963 |
| Without a mortgage | $449 (±$25) | $487 (±$19) | $588 (±$2) | $638 |
| Owned homes with a mortgage | 54.1% (±9.6 points) | 56.7% (±2.7 points) | 60.6% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,904 (±$374) | $1,858 (±$70) | $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 Vermillion Township, the median cost with a mortgage is not measurably different from Ashland County ($1,217).
It is also lower than in Ohio ($1,517).
It is lower than the national figure ($1,963).
In Ashland County, Vermillion Township ranks 16 of 24 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1746 of 2,330.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Vermillion Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,114 (±$65) | $1,153 (±$163) | +3.5% | Down after inflation |
| Median real estate taxes | $1,733 (±$206) | $1,904 (±$374) | +9.9% | No measurable change after inflation |
| Median home value | $163,300 (±$9,033) | $198,300 (±$29,434) | +21.4% | No measurable change 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 Vermillion Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Vermillion Township | — | $1,153 (±$163) | — |
| Hayesville | 1.3 mi | $1,473 (±$381) | Not measurably different |
| Mifflin | 4.4 mi | $857 (±$136) | Lower |
| Jeromesville | 5.2 mi | $1,304 (±$137) | Not measurably different |
| Mohican Township | 5.4 mi | $1,344 (±$162) | Not measurably different |
| Green Township (Ashland County) | 5.5 mi | $1,090 (±$131) | Not measurably different |
| Mifflin Township (Richland County) | 6.8 mi | $1,390 (±$60) | Higher |
| Lake Township (Ashland County) | 7.2 mi | $1,306 (±$688) | Not measurably different |
| Ashland | 7.3 mi | $1,131 (±$66) | Not measurably different |
Nearby places with a measurably lower figure: Mifflin, OH ($857).
Nearby places with a measurably higher figure: Mifflin Township (Richland County), OH ($1,390).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Ashland County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 10 | Lake Township (Ashland County) | $1,306 (±$688) |
| 11 | Jeromesville | $1,304 (±$137) |
| 12 | Polk | $1,283 (±$221) |
| 13 | Sullivan Township | $1,245 (±$157) |
| 14 | Hanover Township (Ashland County) | $1,190 (±$155) |
| 15 | Orange Township (Ashland County) | $1,188 (±$106) |
| 16 | Vermillion Township | $1,153 (±$163) |
| 17 | Clear Creek Township (Ashland County) | $1,152 (±$317) |
| 18 | Ashland | $1,131 (±$66) |
| 19 | Bailey Lakes | $1,104 (±$231) |
| 20 | Savannah | $1,094 (±$243) |
| 21 | Green Township (Ashland County) | $1,090 (±$131) |
| 22 | Loudonville | $1,041 (±$119) |
Showing 13 of 24 places in Ashland 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 Vermillion Township
What is the average mortgage payment in Vermillion Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Vermillion Township, OH is $1,153 (±$163) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Vermillion Township?
Owners without a mortgage in Vermillion Township pay a median of $449 (±$25) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Vermillion Township gone up?
In Vermillion Township, the median monthly cost with a mortgage went from $1,114 in 2015–2019 to $1,153 in 2020–2024 (+3.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Vermillion township, Ashland County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Vermillion township, Ashland County, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Vermillion township, Ashland County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Vermillion township, Ashland County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Vermillion township, Ashland County, 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 Vermillion township, Ashland County, Ohio (county subdivision:79758, in state:39 county:005).
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 Vermillion Township at a glance
- Income and affordability in Vermillion Township
- Home values in Vermillion Township
- Property taxes in Vermillion Township
- Types of homes in Vermillion Township
- Bedrooms in Vermillion Township
- Age of homes in Vermillion Township
- Heating fuel in Vermillion Township
- Commute and cars in Vermillion Township
- Population growth in Vermillion Township
- Ohio landlord and tenant rules
- Housing across Ashland County
- Housing data for every place in Ohio