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Centerburg Local

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

Median Home$324,977
Median Rent$1,006/month
Population6,689
Leading IndustriesRetail · Professional Services · Wholesale Trade17% retail
Home Value Growth⬆⬆+15.9% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners87% of occupied units
NotableHigh Incomes$98k/year · top 16% nationally
Centerburg 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 Centerburg Local?

As of today, the 30-year fixed mortgage rate for Centerburg Local is approximately 6.942% (6.980% 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 Centerburg Local?

The median home value in Centerburg Local is $325k. The median monthly rent is $1,006. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Centerburg Local?

Home values in Centerburg Local have increased 15.9% 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 Centerburg Local?

Based on a typical all-in ownership cost of $1,506/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Centerburg Local is $98k/year.

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What industries drive the economy in Centerburg Local?

The largest employment sectors in Centerburg Local are public administration (25%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.