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Belmore

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

Median Home$158,900
Median Rent$1,079/month
Population65
Leading IndustriesRetail · Construction · Information & Media28% retail
Home Value Growth⬆⬆+13.0% over 2 years
Family-Friendly28% of residentswell above average
Homeowners79% of occupied units
Belmore
OH

Frequently Asked Questions

What are today's mortgage rates in Belmore?

As of today, the 30-year fixed mortgage rate for Belmore is approximately 7.059% (7.101% 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 Belmore?

The median home value in Belmore is $159k. The median monthly rent is $1,079. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Belmore?

Home values in Belmore have increased 13.0% 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 Belmore?

Based on a typical all-in ownership cost of $1,003/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Belmore is $79k/year.

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What industries drive the economy in Belmore?

The largest employment sectors in Belmore are retail (28%) and public administration (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.