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Alliance

Learn about the people, housing, costs and businesses in Alliance, Ohio

Median Home$130,525
Median Rent$828/month
Population21,389
Leading IndustriesRetail · Professional Services20% retail
Home Value Growth⬆⬆+21.0% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners56% of occupied units
NotableTransit83/100 · excellent transit access
NotableAmenity Score72/100 · highly walkable area
Alliance
OH

Frequently Asked Questions

What are today's mortgage rates in Alliance?

As of today, the 30-year fixed mortgage rate for Alliance is approximately 6.994% (7.037% 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 Alliance?

The median home value in Alliance is $131k. The median monthly rent is $828. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alliance?

Home values in Alliance have increased 21.0% 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 Alliance?

Based on a typical all-in ownership cost of $753/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alliance is $53k/year.

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What industries drive the economy in Alliance?

The largest employment sectors in Alliance are public administration (25%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.