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Canal Fulton

Learn about the people, housing, costs and businesses in Canal Fulton, Ohio

Median Home$197,156
Median Rent$994/month
Population5,456
Leading IndustriesPublic Administration · Wholesale Trade · Information & Media30% public administration
Home Value Growth⬆⬆+20.9% over 2 years
Retirees23% of residentsslightly above average
Homeowners74% of occupied units
Canal Fulton
OH

Frequently Asked Questions

What are today's mortgage rates in Canal Fulton?

As of today, the 30-year fixed mortgage rate for Canal Fulton is approximately 7.029% (7.070% 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 Canal Fulton?

The median home value in Canal Fulton is $197k. The median monthly rent is $994. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Canal Fulton?

Home values in Canal Fulton have increased 20.9% 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 Canal Fulton?

Based on a typical all-in ownership cost of $947/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 Canal Fulton is $75k/year.

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What industries drive the economy in Canal Fulton?

The largest employment sectors in Canal Fulton are public administration (30%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.