Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Candlewood Lake

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

Median Home$259,500
Median Rent$1,009/month
Population1,546
Leading IndustriesRetail · Wholesale Trade · Construction23% retail
Home Value Growth⬆⬆⬆+22.2% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners79% of occupied units
Candlewood Lake
OH

Explore Candlewood Lake

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

Frequently Asked Questions

What are today's mortgage rates in Candlewood Lake?

As of today, the 30-year fixed mortgage rate for Candlewood Lake is approximately 6.897% (6.933% 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 Candlewood Lake
What is the median home price in Candlewood Lake?

The median home value in Candlewood Lake is $260k. The median monthly rent is $1,009. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Candlewood Lake?

Home values in Candlewood Lake have increased 22.2% 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 Candlewood Lake?

Based on a typical all-in ownership cost of $1,005/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Candlewood Lake is $83k/year.

Calculate your buying power
What industries drive the economy in Candlewood Lake?

The largest employment sectors in Candlewood Lake are retail (23%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.