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Canal Winchester Local

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

Median Home$311,136
Median Rent$1,413/month
Population22,160
Leading IndustriesProfessional Services · Finance & Insurance · Information & Media3% professional services
Home Value Growth+10.8% over 2 years
Family-Friendly29% of residentstop 3% nationally
Homeowners78% of occupied units
NotableHighly Educated26% bachelor's · 12% graduate · top 12% nationally
NotableHigh Incomes$103k/year · top 13% nationally
Canal Winchester Local
OH

Explore Canal Winchester Local

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Canal Winchester Local?

As of today, the 30-year fixed mortgage rate for Canal Winchester Local is approximately 6.966% (7.005% 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 Winchester Local?

The median home value in Canal Winchester Local is $311k. The median monthly rent is $1,413. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Canal Winchester Local?

Home values in Canal Winchester Local have increased 10.8% 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 Winchester Local?

Based on a typical all-in ownership cost of $1,638/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Canal Winchester Local is $103k/year.

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What industries drive the economy in Canal Winchester Local?

The largest employment sectors in Canal Winchester Local are public administration (27%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.