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Allen East Local

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

Median Home$186,504
Median Rent$997/month
Population5,898
Leading IndustriesRetail · Education · Transportation24% retail
Home Value Growth⬆⬆+15.8% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners88% of occupied units
Allen East Local
OH

Frequently Asked Questions

What are today's mortgage rates in Allen East Local?

As of today, the 30-year fixed mortgage rate for Allen East Local is approximately 6.958% (6.999% 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 Allen East Local?

The median home value in Allen East Local is $187k. The median monthly rent is $997. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Allen East Local?

Home values in Allen East Local have increased 15.8% over the past two years. This indicates a strong appreciation trend. 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 Allen East Local?

Based on a typical all-in ownership cost of $973/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 Allen East Local is $85k/year.

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What industries drive the economy in Allen East Local?

The largest employment sectors in Allen East Local are retail (24%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.