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Centerburg

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

Median Home$264,465
Median Rent$875/month
Population1,719
Leading IndustriesRetail · Public Administration · Transportation18% retail
Home Value Growth⬆⬆+15.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners82% of occupied units
NotableTransit89/100 · excellent transit access
NotableHigh Incomes$86k/year · top 29% nationally
Centerburg
OH

Frequently Asked Questions

What are today's mortgage rates in Centerburg?

As of today, the 30-year fixed mortgage rate for Centerburg 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?

The median home value in Centerburg is $264k. The median monthly rent is $875. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Centerburg?

Home values in Centerburg have increased 15.1% 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?

Based on a typical all-in ownership cost of $1,536/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Centerburg is $86k/year.

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What industries drive the economy in Centerburg?

The largest employment sectors in Centerburg are public administration (27%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.