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Adena Local

Learn about the people, housing, costs and businesses in Adena Local, Ohio

Median Home$184,172
Median Rent$1,044/month
Population7,177
Leading IndustriesPublic Administration · Transportation · Professional Services28% public administration
Home Value Growth+9.7% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners76% of occupied units
NotableVeteran Community12% of residents · top 3% nationally
Adena Local
OH

Frequently Asked Questions

What are today's mortgage rates in Adena Local?

As of today, the 30-year fixed mortgage rate for Adena Local is approximately 6.956% (6.997% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Adena Local?

The median home value in Adena Local is $184k. The median monthly rent is $1,044. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Adena Local?

Home values in Adena Local have increased 9.7% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Adena Local?

Based on a typical all-in ownership cost of $988/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Adena Local is $78k/year.

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What industries drive the economy in Adena Local?

The largest employment sectors in Adena Local are public administration (28%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.