The typical owner-occupied home in Howard is worth about $109,800, 49% below the Ohio median of $214,800 and 67% below the national median of $332,700. Owners pay a median $1,528 a year in property taxes, about 1.39% of their home's value, higher than the Ohio rate of 1.31%. 86% of occupied homes here are lived in by their owners, and 100% of those owners still have a mortgage.
Howard at a glance
| Howard | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $109,800 | $214,800 | $332,700 |
| Median property tax paid per year | $1,528 | $2,822 | $3,119 |
| Property tax as a share of value | 1.39% | 1.31% | 0.94% |
| Median household income | – | $71,389 | $80,734 |
| Homes lived in by their owners | 86% | 67% | 65% |
| Owner homes with a mortgage | 100% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,014 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 15.8% | 18.6% | 21.0% |
| Median rent | – | $1,034 | $1,413 |
| Median year homes were built | 1938 | 1970 | 1980 |
| Vacant homes | 0.0% | 8.1% | 10.1% |
| Population | 269 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Howard
At this week's average 30-year rate of 7.11%, buying the median Howard home of $109,800 with 20% down costs about $764 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $947, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $32,736 for the 20%-down payment.
| Down payment | $21,960 |
|---|---|
| Loan amount | $87,840 |
| Principal and interest | $591 |
| Property taxes (1.39% a year) | $127 |
| Homeowners insurance (our estimate, 0.5% a year) | $46 |
| PMI | $0 |
| Total per month | $764 |
Change the numbers in the calculator
| Down payment | $3,843 |
|---|---|
| Loan amount | $107,811 |
| Principal and interest | $725 |
| Property taxes (1.39% a year) | $127 |
| Homeowners insurance (our estimate, 0.5% a year) | $46 |
| FHA mortgage insurance | $49 |
| Total per month | $947 |
Change the numbers in the calculator
Questions about home buying in Howard
What is the median home value in Howard?
About $109,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Howard?
Homeowners pay a median $1,528 a year, which is about 1.39% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Howard?
For the median home with 20% down at 7.11%, the payment is about $764 a month. Keeping that under 28% of gross income takes about $32,736 a year.
More about Howard
- Mortgage Refinance in Howard
- Debt Relief in Howard
- Home Equity Loans in Howard
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data