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Benton-Carroll-Salem Local

Learn about the people, housing, costs and businesses in Benton-Carroll-Salem Local, Ohio

Median Home$190,620
Median Rent$758/month
Population9,609
Leading IndustriesRetail · Professional Services · Education21% retail
Home Value Growth⬆⬆⬆+21.3% over 2 years
Retirees22% of residentsslightly above average
Homeowners85% of occupied units
NotableAffordable Market$191k median home · lower cost than 66% of the country
Benton-Carroll-Salem 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 Benton-Carroll-Salem Local?

As of today, the 30-year fixed mortgage rate for Benton-Carroll-Salem Local is approximately 6.967% (7.009% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Benton-Carroll-Salem Local
What is the median home price in Benton-Carroll-Salem Local?

The median home value in Benton-Carroll-Salem Local is $191k. The median monthly rent is $758. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Benton-Carroll-Salem Local?

Home values in Benton-Carroll-Salem Local have increased 21.3% 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 Benton-Carroll-Salem Local?

Based on a typical all-in ownership cost of $942/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Benton-Carroll-Salem Local is $70k/year.

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What industries drive the economy in Benton-Carroll-Salem Local?

The largest employment sectors in Benton-Carroll-Salem Local are public administration (24%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.