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Brady Lake

Learn about the people, housing, costs and businesses in Brady Lake, Ohio

Median Home$257,000
Median Rent$1,316/month
Population1,046
Leading IndustriesFinance & Insurance · Information & Media · Arts, Food & Hospitality14% finance & insurance
Home Value Growth+1.9% over 2 years
Retirees23% of residentsslightly above average
Homeowners76% of occupied units
NotableTransit93/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Brady Lake
OH

Frequently Asked Questions

What are today's mortgage rates in Brady Lake?

As of today, the 30-year fixed mortgage rate for Brady Lake is approximately 6.978% (7.017% 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 Brady Lake?

The median home value in Brady Lake is $257k. The median monthly rent is $1,316. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brady Lake?

Home values in Brady Lake have increased 1.9% over the past two years. The market has been relatively stable. 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 Brady Lake?

Based on a typical all-in ownership cost of $1,241/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brady Lake is $82k/year.

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What industries drive the economy in Brady Lake?

The largest employment sectors in Brady Lake are public administration (25%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.