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Archbold Area Local

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

Median Home$189,674
Median Rent$812/month
Population7,034
Leading IndustriesRetail · Professional Services25% retail
Home Value Growth⬆⬆+18.4% over 2 years
Retirees22% of residentsslightly above average
Homeowners74% of occupied units
NotableAffordable Market$190k median home · lower cost than 66% of the country
Archbold Area Local
OH

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Archbold Area Local?

As of today, the 30-year fixed mortgage rate for Archbold Area Local is approximately 7.077% (7.122% 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 Archbold Area Local?

The median home value in Archbold Area Local is $190k. The median monthly rent is $812. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Archbold Area Local?

Home values in Archbold Area Local have increased 18.4% 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 Archbold Area Local?

Based on a typical all-in ownership cost of $848/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Archbold Area Local is $74k/year.

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What industries drive the economy in Archbold Area Local?

The largest employment sectors in Archbold Area Local are retail (25%) and public administration (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.