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Avon Local

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

Median Home$395,550
Median Rent$2,008/month
Population25,317
Leading IndustriesTransportation · Healthcare · Arts, Food & Hospitality5% transportation
Home Value Growth⬆⬆+13.1% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners88% of occupied units
NotableHigh Incomes$133k/year · top 3% nationally
NotableHighly Educated32% bachelor's · 19% graduate · top 3% nationally
Avon Local
OH

Frequently Asked Questions

What are today's mortgage rates in Avon Local?

As of today, the 30-year fixed mortgage rate for Avon Local is approximately 6.886% (6.922% 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 Avon Local?

The median home value in Avon Local is $396k. The median monthly rent is $2,008. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Avon Local?

Home values in Avon Local have increased 13.1% 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 Avon Local?

Based on a typical all-in ownership cost of $1,831/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Avon Local is $133k/year.

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What industries drive the economy in Avon Local?

The largest employment sectors in Avon Local are public administration (26%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.