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Berne Union Local

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

Median Home$236,552
Median Rent$728/month
Population5,209
Leading IndustriesWholesale Trade · Manufacturing · Information & Media10% wholesale trade
Home Value Growth⬆⬆+15.2% over 2 years
Retirees24% of residentsabove average nationally
Homeowners83% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Berne Union 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 Berne Union Local?

As of today, the 30-year fixed mortgage rate for Berne Union Local is approximately 7.021% (7.061% 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 Berne Union Local?

The median home value in Berne Union Local is $237k. The median monthly rent is $728. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Berne Union Local?

Home values in Berne Union Local have increased 15.2% 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 Berne Union Local?

Based on a typical all-in ownership cost of $966/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Berne Union Local is $80k/year.

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What industries drive the economy in Berne Union Local?

The largest employment sectors in Berne Union Local are public administration (25%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.